Nakamoto Proposes Reverse Stock Split to Maintain Nasdaq Listing
According to CoinDesk, Bitcoin treasury company Nakamoto (NAKA) plans to implement a reverse stock split of 1-for-20 to 1-for-50 to boost its share price and meet Nasdaq’s minimum $1-per-share requirement. The company’s current share price is approximately $0.22, down roughly 99% from its 2025 high. Nakamoto has also registered over 400 million shares for resale by existing investors and established a future securities issuance capacity of up to approximately $7 billion. Recently, the company sold 5% of its Bitcoin holdings and now holds 5,058 BTC.