Nakamoto Gets Extra Year on 60 Million USDT Kraken Loan; Derivatives Count Toward Collateral

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$BTC

$67,452

-3.9%

The bitcoin treasury company now has no principal due in 2026, and by Unchained's math the bitcoin it had pledged as of Sept. 30 covers the 165 million USDT loan down to about $54,455 per bitcoin.