The stock has plunged roughly 99% from its May 2025 peak as pressure builds on the bitcoin treasury firm. The company is proposing a reverse stock split in a range of 1 for 20 to 1 for 50 in order to increase its share price and gain compliance with Nasdaq’s $1 minimum bid requirement. Nakamoto has registered more than 400 million shares for resale and outlined up to roughly $7 billion in future securities issuance. Bitcoin BTC $ 71,601.84 treasury firm Nakamoto (NAKA) is resorting to a familia…
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