Nakamoto Plans 1-for-40 Stock Split After 99% Plunge to Regain Nasdaq Compliance

Bitcoin treasury company Nakamoto has announced a 1-for-40 reverse stock split, aiming to boost its share price above the $1 minimum required to maintain its Nasdaq listing. The move comes after the firm's stock plummeted approximately 99% from its peak, driven by the broader crypto downturn and investor skepticism toward Bitcoin-focused corporate strategies.

The reverse split will consolidate every 40 existing shares into one, mechanically lifting the per-share price. Nakamoto, which holds Bitcoin on its balance sheet as a primary treasury asset, has seen its market valuation erode alongside Bitcoin's price decline. For crypto traders, this corporate action underscores the risks faced by companies with concentrated Bitcoin exposure, especially when equity markets demand compliance thresholds. NowPrice's crypto page provides real-time pricing for Bitcoin and other digital assets to help traders monitor market conditions.

Investors will watch whether the split successfully brings Nakamoto's stock above $1 and whether the company can sustain compliance over the coming months. The Nasdaq typically allows a grace period for companies to regain compliance after a deficiency notice. The broader market will also monitor Bitcoin's price trajectory, as it remains the key driver of Nakamoto's balance sheet health.