Nakamoto amended its loan with Kraken to postpone the $60 million maturity from December 4, 2026, to December 4, 2027. Signed on November 12, 2026, the amendment leaves the total facility at $165 million in USDT, with $105 million due on June 30, 2027, and $60 million due in December 2027. Nakamoto therefore has no scheduled principal repayment in 2026, reducing its refinancing risk. The agreement also allows the net value of Bitcoin derivatives positions to serve as collateral, while the annual borrowing fee remains unchanged at 8%.
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