Nakamoto added 1,003 BTC as collateral for its $250 million convertible bond, amid analyst warnings of rising margin pressure and leverage risks in a declining market.
Nakamoto has transferred 1,003 Bitcoin to custody platform Cobo as additional collateral for its $250 million convertible bond financing. This is the firm's second BTC collateral move within the week. Analysts caution that the transaction comes amid heightened market decline, increasing margin pressure, and potential risks from excessive leverage.