Nakamoto Debt Dwarfs Market Cap as Bitcoin Price Plunges Below $67K
The situation becomes even more dire if BTC continues to trend lower, forcing Nakamoto to repay part of the $165 million USDT loan to the exchange or pledge more of its bitcoin treasury as collateral for the loan, even as the instruments reach maturity next year. Nakamoto’s Debt Reaches Well Over the Company’s Market…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinMarket capitalisation
The total value of a listed company, calculated as its share price multiplied by the number of shares.
It is the usual way to compare the size of public companies.
More about Market capitalisationMore in Finance
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