Nakamoto plans reverse stock split to avoid delisting
Nakamoto plans a 1-for-20 to 1-for-50 reverse stock split to boost its share price above $1 and avoid Nasdaq delisting after a 99% drop. The move aims to meet listing rules and stabilize the company.
Nakamoto, a Bitcoin-focused asset management firm, is seeking shareholder approval for a reverse stock split with a ratio between 1-for-20 and 1-for-50. This move follows a sharp decline in its stock price to around $0.21–$0.22, representing a 99% drop from its May 2025 peak. The main objective is to boost the share price above Nasdaq’s $1 minimum bid requirement and avoid potential delisting. The reverse split will consolidate existing shares into fewer, higher-priced shares, without altering the company’s overall market capitalization. Additionally, Nakamoto has registered over 400 million shares for potential resale and maintains a shelf registration of approximately $7 billion for future securities issuance. Recently, the company sold about 5% of its Bitcoin holdings, reducing its reserves to 5,058 BTC as part of its liquidity management strategy. These actions underscore Nakamoto’s efforts to stabilize its position and comply with Nasdaq’s listing standards amid ongoing market volatility.