Nakamoto: Sells BTC, Cuts Debt, Authorizes Buyback

Nakamoto executed a Bitcoin treasury strategy by selling BTC holdings, trimming debt and greenlighting a share buyback program, aligning with actions seen across public Bitcoin mining companies over the past year.

Price sits at $63538.01 inside Bollinger Bands with upper resistance at $64059.52. The bearish trend structure holds as price remains below EMA50 at $63748.16 and far under EMA200 at $70724.43, while MACD golden cross at 54.22 signals momentum building and RSI at 55.84 stays neutral, pointing to a likely test of the 50-EMA support before any sustained move higher.