Huo Xing Finance reports that on April 10, according to CoinDesk, Bitcoin treasury company Nakamoto (NAKA) is employing a common Wall Street strategy to address its persistently declining stock price and maintain its Nasdaq listing status. The company is seeking shareholder approval for a "reverse stock split," proposing to consolidate shares at a ratio of 1:20 to 1:50 (the exact ratio to be determined), as stated in its preliminary proxy filing. The company’s current stock price has fallen to approximately $0.22, a decline of about 99% from its peak in May 2025. Nakamoto has also recently sold approximately 5% of its Bitcoin holdings, leaving it with around 5,058 BTC, indicating ongoing liquidity management efforts.
Nakamoto Seeks Reverse Stock Split to Maintain Nasdaq Listing
MarsBitShare
Summary
Nakamoto (NAKA) is pursuing a reverse stock split to maintain its Nasdaq listing as its stock trades near $0.22, down 99% from its May 2025 high. The company plans to consolidate shares at a ratio of 1-for-20 to 1-for-50. Bitcoin’s current price remains a key factor, as Nakamoto recently sold 5% of its BTC holdings, leaving it with 5,058 coins. The move underscores ongoing liquidity management amid broader altcoins to watch for market stability.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.