Bitcoin treasury firm Nakamoto transferred 1,003 BTC to Cobo as collateral for a previous $250 million funding round.

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Bitcoin treasury firm Nakamoto transferred 1,003 BTC to Cobo as collateral for a $250M funding round, its second this week. With Bitcoin's price down from the initial $124,000 high, margin pressure and leverage risks are rising.

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BitcoinCoboHalving TokensLayer 1DeFiNakamotoCollateralFundingLeverage Risk

According to analyst Emmett Gallic's Odaily on the X platform, 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 the company's second additional BTC collateral this week. The initial offering price was set at Bitcoin's all-time high of $124,000. With the market downturn, margin pressure is evident, and the risk of excessive leverage needs to be closely monitored.

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