United States · Macro, forex & crypto · CoinDesk

Bitcoin firm Nakamoto owes Kraken $165 million, more than its entire market value

Published by CoinDesk · United States 6 h ago

Bitcoin firm Nakamoto owes Kraken $165 million, more than its entire market value — CoinDesk

Detailed summary

About 70% of the bitcoin treasury firm’s coins are pledged to the exchange, bought at roughly $118,000 each, and bitcoin now trades under $69,000.

Read the full article on CoinDesk Sign in to save

MarketNews shows the headline and summary published by the outlet. The full article is on the publisher's website. (www.coindesk.com)

Also worth reading

British Universities Push Sharia Loans While Taxpayers Cover The Unpaid Tab

DealBook (The New York Times)

Outlook, Teams and More Microsoft Programs Disrupted by Outage

UBS sees no RBA cuts until late 2027 as AI boom fuels inflation, growth slowing to 1.4%