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Nasdaq-Listed Nakamoto Sells Bitcoin, Reduces Debt, and Initiates Share Buyback
Nakamoto, a Nasdaq-listed Bitcoin firm, has sold $48 million in BTC to reduce debt and authorized a share buyback program.
◆ #debt reduction
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Nakamoto Inc. Bolsters Financial Position with Bitcoin Sale, Debt Refinancing, and Share Buyback
Nakamoto Inc. recently sold 600 Bitcoin to reduce its debt by $45 million, refinanced its remaining loan, and authorized a $25 million share buyback program.
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Fold Stock Soars 162% After Strategic Bitcoin Sale to Erase Debt
Fintech company Fold witnessed a dramatic 162% surge in its stock price following a strategic sale of $45 million in Bitcoin to pay off its outstanding debt.