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Nakamoto Options Loss Turns Q3 Operating Revenue Negative

Bitcoin valuation gains drove an $85.5 million profit, while part of the loss-making options program provides downside protection tied to Kraken loan collateral.
Nakamoto Options Loss Turns Q3 Operating Revenue Negative

Bitcoin valuation gains drove an $85.5 million profit, while part of the loss-making options program provides downside protection tied to Kraken loan collateral.

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