Nakamoto Ticker NAKA Implements 1-for-40 Reverse Stock Split
Nakamoto (NASDAQ: NAKA), a Bitcoin treasury company, will execute a 1-for-40 reverse stock split on Friday, aiming to lift its share price above Nasdaqs $1 minimum bid requirement. The move comes as the company faces potential delisting, having traded below $1 for 30 consecutive business days since December 10, 2025, according to SEC filings. The reverse split, approved by shareholders earlier this month, will consolidate every 40 shares into one, reducing total outstanding shares from 696.1 million to 17.4 million. While the companys market capitalization remains unchanged, such actions are typically aimed at boosting per-share prices to meet listing requirements. Shares of NAKA closed at $0.16 on Wednesday, down 7.5% for the day and over 99% from their May 2025 highs of $25. “The reverse stock split is intended to increase the per-share trading price of the companys common stock to regain compliance with the $1 minimum bid price requirement for continued listing on the Nasdaq Global Market,” Nakamoto stated in a release. The company has until June 8 to maintain a $1 share price for at least 10 consecutive days to avoid delisting. Reverse stock splits have become increasingly common in 2026 among struggling Nasdaq-listed companies. Lunai Bioworks, Brera Holdings, and Ernexa









