Nakamoto Reschedules Part of $165M Kraken Loan Through 2027
The bitcoin treasury company moved $60 million of Kraken loan principal to December 4, 2027, removing any principal payment from its 2026 schedule.
The bitcoin treasury company moved $60 million of Kraken loan principal to December 4, 2027, removing any principal payment from its 2026 schedule. Bitcoin (BTC) is trading at ₹63,47,960 ($67,324.00). This is an original Token Times brief synthesising 3 outlets (Bitcoin World, Unchained, CryptoPotato), with their figures cross-checked, plus live market data, as of Sat, 14 Nov 2026 07:15:01 UTC.
The amendment gives Nakamoto more time to meet its USDT obligations without a principal payment in 2026. Its pledged bitcoin remains central to the arrangement, linking the company’s financing structure to BTC market conditions.
- $60 million of principal now falls due December 4, 2027
- The remaining $165 million loan is scheduled across 2027
- No principal payment is due in 2026
- BTC trades at $67,323 amid a 2.57% daily decline
Bitcoin World, Unchained and CryptoPotato agree that Nakamoto amended its $165 million Kraken loan schedule and that the company has no principal due in 2026. Bitcoin World and CryptoPotato both identify $60 million as the amount rescheduled, while CryptoPotato says the remaining $165 million is now spread across 2027. The outlets differ in emphasis rather than reporting a contradictory figure: Bitcoin World supplies the exact December 4, 2027 maturity for the $60 million payment, Unchained provides collateral calculations based on Nakamoto’s pledged bitcoin as of September 30, and CryptoPotato frames the amendment as additional financial breathing room.
Nakamoto amended its loan agreement with Kraken, moving $60 million of principal to a December 4, 2027 due date. The bitcoin treasury company, which 
Bitcoin World identifies as founded by David Bailey, therefore has no loan principal payment scheduled for 2026. CryptoPotato said the remaining $165 million is now distributed across 2027, while Bitcoin World and CryptoPotato both highlighted the $60 million rescheduled amount.
The revision applies to the principal of a $165 million USDT facility. Coverage did not identify the amended agreement’s new breakdown among the 2027 installments, interest terms or other contractual provisions. The change specifically concerns when principal falls due, providing Nakamoto additional time before its next scheduled payment rather than altering the outstanding loan’s total amount.
The three outlets corroborate the same broad development but emphasize different parts of it. Bitcoin World gives the precise December 4 date, CryptoPotato says the full $165 million remaining balance has been scheduled across 2027, and Unchained focuses on the absence of principal due in 2026. No outlet cited in the coverage contradicts another on the $60 million figure, and the figure cross-check independently confirms that amount across Bitcoin World and CryptoPotato.
Unchained also examined the bitcoin pledged by Nakamoto as of September 30. Its calculation indicates that the pledged holdings could cover the $165 million USDT loan at approximately $54,455 per bitcoin. That is materially below the current BTC price of $67,323, although the calculation reflects collateral coverage rather than a forecast of Nakamoto’s financial position.
The wider market backdrop is weak: total crypto market capitalization stands at $2.34 trillion, bitcoin is down 2.57% over 24 hours and 11.34% over seven days, and the Fear & Greed index reads 13, labelled Extreme Fear. 
Tether is trading at $0.999209, essentially unchanged over 24 hours and up 0.01% over seven days, while DeFiLlama verifies a circulating supply of $175.2 billion. The loan schedule offers Nakamoto more near-term room, but its collateral remains exposed to the bitcoin price and prevailing market conditions.
Since this brief published about 3 hours ago, Bitcoin (BTC) has moved from ₹63,47,865.94$67,323.00 to ₹63,47,960.23$67,324.00 — +0.00%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $60,000 by December 31, 2026?
Crowd-implied probability on Polymarket, ₹25.31M 24h volume, resolves Jan 1 — snapshotted when this brief published (Nov 14 07:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹6.74M (about $67,324.00), down 2.6% over 24 hours. The rupee itself trades about 6.2% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
1 key figure independently matched across 3 outlets reporting this story.
Token Times extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Figures and sectors in this story, checked live against on-chain aggregators · November 14, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Nakamoto Reschedules Part of $165M Kraken Loan Through 2027 — questions & answers
When is the rescheduled $60 million loan payment due?
Nakamoto moved the $60 million principal payment to December 4, 2027, according to Bitcoin World.
Does Nakamoto owe loan principal in 2026?
No. Unchained reports that the amended schedule leaves Nakamoto with no principal due in 2026.
How much remains under the Kraken loan?
The outstanding facility totals $165 million, and CryptoPotato says it is now scheduled across 2027.
How much is 1 Bitcoin worth in rupee today?
About ₹6.74M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $67,324.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoin World, Unchained, CryptoPotato, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.