Bitcoin treasury firm Nakamoto is seeking shareholder approval for a reverse stock split to meet Nasdaq listing requirements. The move follows a steep share price decline and mounting pressure on its business model.

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Emmanuel Musa
Emmanuel Musa
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Published: Apr 11, 2026, 2:05 AM
David Bailey's Nakamoto Eyes Reverse Stock Split to Avoid Nasdaq Delisting
Key Takeaways

Nakamoto stock currently trades at $0.21, as the company seeks a reverse stock split before June 8 to meet the Nasdaq $1 rule.
Recent deals by CEO David Bailey and outstanding 690 million shares have raised dilution fears, amid declining investor confidence.
Nakamoto sold 284 BTC in March but holds 5,058 BTC, with listing outcome shaping its next strategy.
Bitcoin Treasury Firm Nakamoto Moves to Lift Share Price
Nakamoto, a publicly traded bitcoin treasury firm, is preparing to seek shareholder approval for a reverse stock split as it races to avoid delisting from the Nasdaq.

The company’s shares, trading near $0.21, have fallen well below the exchange’s $1 minimum listing requirement. The stock is down about 79% from that threshold and nearly 99% from its peak of $34, according to a preliminary proxy filing dated April 7.#GateSquareAprilPostingChallenge