Bitwise Asset Management
Coverage of Bitwise Asset Management in the Nexus archive.
- Nakamoto Inc. (NAKA) Strengthens Balance With 600 Bitcoin Sale, Refinancing, and Buyback Authorization
Nakamoto Inc. (NAKA) reduced $45 million in debt by selling 600 Bitcoin, refinanced loans with Kraken to extend maturities and lower interest rates, and authorized a $25 million share repurchase program. The company now holds approximately 4,467 Bitcoin and expects annual financing cost savings of $4 million.
- Bitcoin Rally Has Room To Run on Strategy Demand, Says Bitwise CIO
Bitwise CIO believes Bitcoin's rally has potential for further growth driven by increasing demand for investment strategies. The analysis highlights ongoing interest in Bitcoin as a financial asset.
- Nakamoto (NAKA) Launches Bitcoin Derivatives Program to Capture Volatility Income and Hedge Downside Risk
Nakamoto Inc. launched a Bitcoin derivatives program to generate income from market volatility and hedge downside risk. The program, managed by Bitwise Asset Management and custodied by Kraken Institutional, uses two components: an income sleeve (covered calls and call spreads) and a hedging sleeve (protective puts and put spreads).