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

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

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.

Key Takeaways

  1. 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.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.