PANews reported on November 22 that, according to analyst Emmett Gallic's post on the X platform, Arkham monitoring data shows that Bitcoin treasury company Nakamoto (formerly Kindly MD) has transferred 1,003 BTC to Cobo as collateral for its previous $250 million convertible bond financing. This is the company's second additional BTC collateral this week. The initial offering price was set at Bitcoin's all-time high of $124,000. With the market downturn, margin pressure is evident, and the risk of excessive leverage needs to be closely monitored.PANews reported on November 22 that, according to analyst Emmett Gallic's post on the X platform, Arkham monitoring data shows that Bitcoin treasury company Nakamoto (formerly Kindly MD) has transferred 1,003 BTC to Cobo as collateral for its previous $250 million convertible bond financing. This is the company's second additional BTC collateral this week. The initial offering price was set at Bitcoin's all-time high of $124,000. With the market downturn, margin pressure is evident, and the risk of excessive leverage needs to be closely monitored.
Bitcoin treasury firm Nakamoto transferred 1,003 BTC to Cobo as collateral for a previous $250 million funding round.
PANews reported on November 22 that, according to analyst Emmett Gallic's post on the X platform, Arkham monitoring data shows that Bitcoin treasury company Nakamoto (formerly Kindly MD) has transferred 1,003 BTC to Cobo as collateral for its previous $250 million convertible bond financing. This is the company's second additional BTC collateral this week. The initial offering price was set at Bitcoin's all-time high of $124,000. With the market downturn, margin pressure is evident, and the risk of excessive leverage needs to be closely monitored.
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