🔗 Crypto & Blockchain

Nakamoto's Hail Mary Reverse Split: Bitcoin Holder Clings to Nasdaq Life Support

Bitcoin treasury firms were supposed to be the golden ticket after BTC's $126K high. Now Nakamoto's down 99%, begging shareholders for a reverse split just to stay on Nasdaq.

Nakamoto stock chart crashing 99% with Bitcoin price overlay and reverse split proposal graphic

⚡ Key Takeaways

  • Nakamoto's stock down 99% from May 2025 peak, now at $0.22, risking Nasdaq delisting. 𝕏
  • Reverse split 1-for-20 to 1-for-50 proposed; also 400M shares registered for resale and $7B shelf. 𝕏
  • Bitcoin treasury model under fire — dilution and sales signal deeper troubles ahead. 𝕏
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Originally reported by CoinDesk

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