Nakamoto plans 1-for-40 stock split after Bitcoin's 99% drop, aiming for $1 share to meet Nasdaq requirements.

Unusual Whales
2026.05.21 01:23
portai
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Nakamoto plans a 1-for-40 stock split to reduce its share count and achieve a price of $1 or more, aiming to meet Nasdaq compliance. This strategy is intended to improve financial standing and boost investor confidence, reflecting the company's commitment to enhancing shareholder value.