Nakamoto Inc. Announces 1-for-40 Reverse Stock Split to Comply with Nasdaq Requirements
Here's what it means for you.
Nakamoto Inc.'s reverse stock split is a critical move to stabilize its share price and maintain its Nasdaq listing.
What happened
Nakamoto announced a reverse stock split to consolidate shares and improve its stock price.
The Context
- Nakamoto's shares have dropped over 99% from $25 to 16 cents in the past year.
- The reverse stock split is set to take effect on May 22, 2026.
- The company aims to push its stock price above $1 to meet Nasdaq listing standards.
Takeaway
The success of this reverse stock split will be crucial for Nakamoto's future in maintaining its Nasdaq listing.
Real-time updates, analysis, and reports on the blockchain and cryptocurrency sectors.
"Crypto News delivers real-time updates, analysis, and reports on the blockchain and cryptocurrency sectors."
— A47 Editor
Nakamoto moves ahead with reverse stock split as Nasdaq deadline nears
Nakamoto, a Bitcoin treasury company, has initiated a 1-for-40 reverse stock split in response to a warning from Nasdaq regarding its declining share price. This decision was disclosed in a filing with the U.S. Securities and Exchange Commission, as ...
Covers blockchain, cryptocurrency news, project analysis, and market insights.
"Cointelegraph is a leading crypto-focused media outlet known for timely news, analysis, and educational content related to blockchain and digital assets."
— A47 Editor
Bitcoin treasury Nakamoto plans reverse stock split to save ailing share price
Bitcoin treasury firm Nakamoto is planning a reverse stock split in an effort to stabilize its plummeting share price, which has fallen over 99% from $25 in May 2025 to just 16 cents. This drastic measure comes as the company grapples with significan...
Covers Bitcoin plus altcoin news, market updates, and educational resources.
"Bitcoin.com provides news, market data, and guides focused on Bitcoin and the wider crypto industry."
— A47 Editor
David Bailey’s Nakamoto Approves 40-to-1 Stock Split to Push NAKA Above $1
David Bailey's Nakamoto Inc. has approved a 40-to-1 stock split aimed at increasing the stock price of NAKA above $1, a significant move following a tumultuous period for the company. This decision comes as part of a broader strategy to stabilize the...