2026-11-14 15:00:33
Nakamoto Owes Kraken $165 Million, Exceeding $104M Market Value
According to Bitcoin News, Nakamoto, the Bitcoin reserve company backed by David Bailey, owes Kraken $165 million, surpassing its $104 million market value. The company holds 4,283 BTC with an average purchase price of approximately $118,000 per coin.
Kraken has agreed to extend $60 million of repa