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Analyst: Nakamoto Transfers 1003 BTC to Cobo as Additional Collateral for Previous $250 Million Financing
Summary: According to analyst Emmett Gallic on X platform, Arkham monitoring data shows that Bitcoin treasury company Nakamoto (formerly Kindly MD) has transferred 1003 BTC to Cobo as additional collateral for its previous $250 million convertible bond financing, marking the company's second BTC collateral addition this week. The transaction was set at a price of $124,000, ...
According to analyst Emmett Gallic on X platform, Arkham monitoring data shows that Bitcoin treasury company Nakamoto (formerly Kindly MD) has transferred 1003 BTC to Cobo as additional collateral for its previous $250 million convertible bond financing, marking the company's second BTC collateral addition this week. The transaction was set at a price of $124,000, the highest in Bitcoin history, with margin pressure evident as the market declines, highlighting the need to closely monitor risks of excessive leverage.
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Link: Analyst: Nakamoto Transfers 1003 BTC to Cobo as Additional Collateral for Previous $250 Million Financing [Copy]