Nakamoto Proposes Reverse Stock Split Amid Listing Pressure

Nakamoto, a bitcoin treasury firm listed on the Nasdaq exchange, is facing pressure to maintain its listing due to a significant decline in its share price. The company's stock has plummeted by approximately 99% from its peak in May 2025, reaching around $0.22. To address this issue, Nakamoto is proposing a reverse stock split.

A reverse stock split reduces the number of outstanding shares while increasing the share price proportionally. This move aims to increase the company's compliance with Nasdaq's minimum bid requirement of $1 per share and avoid potential delisting. The proposal suggests combining shares at a ratio between 1-for-20 and 1-for-50.

Nakamoto has also registered over 400 million shares for resale, which could create an overhang on the stock market. Furthermore, the company outlined up to $7 billion in future securities issuance through its shelf registration. This move may provide some liquidity management for Nakamoto but also raises concerns about the potential impact on its share price.