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via Decrypt · By Decrypt Editorial
Bitcoin Firm Nakamoto Plots 1-for-40 Stock Split Following 99% Price Plunge
BTC
BTC/USDT
$72,390.00
+5.54%
$72,390.00
+5.54%
(24s)24h Volume
$37,754,858,576.07
24h H/L
$72,830.00 / $67,825.03
Change: $5,004.97 (7.38%)
Long/Short
52.6%
Long: 52.6%Short: 47.4%
Funding Rate
+0.0024%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(01:21 AM UTC)
1 min read
In brief
- Bitcoin firm Nakamoto is instituting a 1-for-40 reverse stock split.
- The move is intended to help it achieve a share price of $1 as NAKA has fallen to all-time lows.
- As it stands, shares in the firm sit more than 99.5% off their 52-week high.
Publicly traded Bitcoin treasury firm Nakamoto (NAKA) announced it will implement a 1-for-40 reverse stock split, following shareholder…
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