CryptoBearishCoinDesk · Apr 107/10
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David Bailey’s bitcoin holder Nakamoto is trying to stay on Nasdaq with a reverse stock split
Nakamoto, a bitcoin treasury firm associated with David Bailey, is attempting a reverse stock split to maintain Nasdaq listing compliance after its stock collapsed approximately 99% from its May 2025 peak. The company faces increasing pressure to stabilize its market position as regulatory requirements threaten its exchange status.
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