Markets

Bitcoin Firm Nakamoto Reportedly Owes Kraken $165 Million, Exceeding Its Market Value

November 13, 2026, 6:03 AM UTC (2 hours ago) · 1 source · Summarized by CryptoBipto

Nakamoto, a Bitcoin-focused company, reportedly owes cryptocurrency exchange Kraken $165 million, a sum that exceeds the firm's entire market capitalization. The debt raises questions about Nakamoto's financial stability and its relationship with one of the largest crypto exchanges.

WHY IT MATTERS

When a company owes more money to a single creditor than the company itself is worth on the market, it is a serious warning sign about its financial health.

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SOURCES

coindesk.com

BTCCounterparty RiskCorporate DebtKrakenFinancial Stability

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