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

CoinDeskNovember 13, 2026 · 6:34 AM2 min read

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.

Originally published on CoinDesk

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.

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