David Bailey’s bitcoin holder Nakamoto is trying to stay on Nasdaq with a reverse stock split

David Bailey’s bitcoin holder Nakamoto is trying to stay on Nasdaq with a reverse stock split

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enMarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailDavid Bailey’s bitcoin holder Nakamoto is trying to stay on Nasdaq with a reverse stock splitThe stock has plunged roughly 99% from its May 2025 peak as pressure builds on the bitcoin treasury firm.By James Van Straten|Edited by Omkar Godbole Apr 10, 2026, 8:58 a.m. Make preferred on What to know: 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$71,795.38 treasury firm Nakamoto (NAKA) is resorting to a familiar Wall Street playbook as it looks to lift its beating-down

Source: https://www.coindesk.com/markets/2026/04/10/david-bailey-s-nakamoto-is-trying-to-stay-on-nasdaq-and-it-s-turning-to-a-reverse-stock-split