Nice time to get a position in $NAKA before fomo enters retail
I feel like the hype will rotate to naka once $asst pumps and people take profits. Thier btc holdings are 5,764 ($662,860,000) and its currently at 400M MC so at least a 50% undervalued. Not to mentioning the healthcare parent company. They also just paid off 200 million which could’ve diluted the stock. those call options at $2 are looking juicy.
- On Oct 3, 2025, the company secured a $203,017,500 term loan from Two Prime Lending Limited, and used the proceeds primarily to redeem a $200 million convertible debenture held by YA II PN, Ltd., plus 1.5% interest.
- The redemption notice was delivered Sept 15, 2025 and the amount was fully repaid on Sept 30, 2025 (with conversions through Sept 29, 2025) per the press release.
So yes — a roughly $200 million convertible debt was repaid, which reduces a significant potential dilution overhang.
Posted Oct 28, 2025, 5:00 PM UTC
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