[Nakamoto Transfers 1,003 BTC to Cobo as Collateral for $250 Million Financing]
Arkham data shows that Bitcoin treasury company Nakamoto (formerly Kindly MD) has transferred 1,003 BTC to Cobo as collateral for the previously announced $250 million convertible bond financing. This marks the company's second BTC collateral addition this week, with the bond issuance price set at Bitcoin's all-time high of $124,000. As market prices decline, margin pressure is becoming evident.