Analyst: Nakamoto transferred 1,003 BTC to Cobo as additional collateral for the previous $250 million financing
According to ChainCatcher, analyst Emmett Gallic disclosed on the X platform that 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 also the second time this week the company has added BTC collateral.
At that time, the issuance price of this transaction was set at Bitcoin's all-time high of $124,000. As the market declines, margin pressure is evident, and close attention should be paid to the risks of excessive leverage.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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