In accordance with HashNews, analyst Emmett Gallic posted on X that Arkham's data shows Nakamoto (formerly Kindly MD) has transferred 1003 BTC to Cobo as additional collateral for its prior $250 million convertible bond financing. This marks the second BTC collateral addition by the company this week. The initial transaction was priced at Bitcoin's historical high of $124,000. With the market decline, margin pressures have intensified, and excessive leverage risks require close monitoring.
Nakamoto Adds 1003 BTC to Cobo as Collateral for $250M Bond Financing
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