BlockBeats News, June 11th – Bitcoin treasury company Nakamoto announced that it has strengthened its capital structure and financial flexibility through debt reduction, refinancing, and stock buyback authorization. By liquidating a portion of its Bitcoin holdings and Bitcoin-related derivative positions, the company has reduced its outstanding debt by approximately $45 million. The repayment funds came from the sale of about 600 BTC and Bitcoin-related derivative positions, with a net gain of approximately $48 million. Following the transaction, the company still holds about 4,467 BTC on its balance sheet.

Additionally, the company has signed a new loan term sheet with Payward Interactive, a subsidiary of Kraken, to extend approximately $105 million USDT in principal until June 30, 2027. The remaining outstanding balance is $165 million USDT, with $60 million USDT maturing on December 4, 2026.

Furthermore, Nakamoto's board of directors has authorized a $25 million stock buyback program. The program is valid until December 31, 2026, and the company may repurchase common stock through open market purchases, private negotiated transactions, block trades, and other means.