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David Bailey’s Nakamoto Approves 40-to-1 Stock Split to Push NAKA Above $1

Bitcoin.com

Bitcoin News / Bitcoin.com 356 Views

David Bailey CEO of Nakamoto Inc. (Nasdaq: NAKA)Nakamoto Inc. (Nasdaq: NAKA) announced a 1-for-40 reverse stock split on May 20, 2026, set to take effect at 12:01 a.m. ET on May 22, 2026. Nakamoto Cuts NAKA Shares 40-to-1 to Salvage Nasdaq Listing Before June Deadline The bitcoin treasury and operating company said every 40 pre-split shares will consolidate into one post-split share. […]
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