Summary
- Nakamoto said it is pursuing a reverse stock split to lift its battered share price and keep its Nasdaq listing.
- Nakamoto said it plans to put a proposal before shareholders to consolidate its shares at a ratio of between 1-for-20 and 1-for-50.
- Nakamoto said it recently sold 5%% of its Bitcoin holdings to secure liquidity and now holds a total of 5,058 Bitcoin.
Forecast Trend Report by Period
Bitcoin treasury firm Nakamoto is pursuing a reverse stock split to prop up its battered share price and preserve its Nasdaq listing.
CoinDesk reported on April 10 that Nakamoto said in a recent filing it plans to ask shareholders to approve a share consolidation at a ratio ranging from 1-for-20 to 1-for-50.
Nakamoto shares are trading at about $0.22, down roughly 99% from their May 2025 peak. Nasdaq requires listed companies to maintain a minimum share price of $1, leaving Nakamoto at risk of delisting at current levels. A reverse stock split reduces the number of outstanding shares while increasing the price per share.
Nakamoto recently sold 5% of its Bitcoin holdings to raise liquidity and now holds 5,058 Bitcoin.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
