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Home/News Feed/Bitcoin firm Nakamoto plans reverse stock split to meet Nasdaq's $1 minimum share price rule.

NAKA

Rp530

-Rp26 -4.73%

Bitcoin firm Nakamoto plans reverse stock split to meet Nasdaq's $1 minimum share price rule.

Market News

10 Apr 2026

Coindesk

View Source

Bearish

Nakamoto, a bitcoin treasury firm, is proposing a reverse stock split between 1-for-20 and 1-for-50 to raise its share price from around $0.22 and comply with Nasdaq's $1 minimum bid requirement. The company's stock has fallen about 99% since its May 2025 peak. This move aims to avoid delisting while the firm manages liquidity, having recently sold 5% of its bitcoin holdings. Additionally, Nakamoto registered over 400 million shares for resale and has plans for up to $7 billion in future securities issuance, which could affect the stock's market dynamics.

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