Nakamoto seeks to stay listed on NASDAQ by reversing stock splits

MarsBitNews · 2026-04-10T09:14:59+00:00

Bitcoin Treasury Company Nakamoto is seeking shareholder approval for a reverse stock split to address the ongoing decline in stock price and maintain its Nasdaq listing eligibility. The company's stock has fallen to approximately $0.22, down 99% from its peak, while also selling some Bitcoin to manage liquidity.

MarsBitNews

2026-04-10 09:14:59

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Mars Finance News, April 10 — According to CoinDesk, Bitcoin treasury company Nakamoto (NAKA) is using common Wall Street tactics to counteract the continuous decline in stock price and maintain its listing status on NASDAQ. The company is seeking shareholder approval for a “reverse stock split,” intending to consolidate shares at a ratio of 1 to 20 or 1 to 50 (exact ratio to be determined), according to its preliminary proxy statement. Currently, the company’s stock price has fallen to about $0.22, down approximately 99% from its peak in May 2025. Nakamoto also recently sold about 5% of its Bitcoin holdings, leaving approximately 5,058 BTC, indicating ongoing liquidity management.

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