Bitcoin Firm Nakamoto Plots 1-for-40 Stock Split Following 99% Price Plunge
Bitcoin treasury company Nakamoto aims to massively reduce its share count as it seeks a price of at least $1 to regain Nasdaq compliance.
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Bitcoin quantum exposure covers 1.92 million BTC, or 9.6% of total supply, Glassnode warned in a new report. Blockchain analytics firm Glassnode published a full analysis on May 20 classifying 1.92 million BTC, or 9.6% of total supply, as structurally…
Read full articleBitcoin treasury company Nakamoto aims to massively reduce its share count as it seeks a price of at least $1 to regain Nasdaq compliance.
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Nakamoto Inc. (Nasdaq: NAKA) announced a 1-for-40 reverse stock split on May 20, 2026, set to take effect at 12:01 a.m. ET on May 22, 2026. Nakamoto Cuts NAKA Shares 40-to-1 to Salvage Nasdaq Listing Before June Deadline The bitcoin treasury and operating company said every 40 pre-split shares will consolidate into one post-split share. […]
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