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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

$64,056.00

+0.72%

$64,056.00

+0.72%

(24s)

24h Volume

$9,718,548,245.78

24h H/L

$64,588.00 / $63,184.21

Change: $1,403.79 (2.22%)

Long/Short

62.8%

Long: 62.8%Short: 37.2%

Funding Rate

-0.0012%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,158.00

▼ -0.22%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$66,211.96

Resistance 1$64,277.05

Price$64,158.00

Support 1$63,813.97

Support 2$62,190.73

Support 3$59,130.91

Pivot (PP):$64,215.39

Trend:Downtrend

RSI (14):40.2

Decrypt Editorial

(01:21 AM UTC)

1 min read

Updated byMichael Roberts

708 views

0 comments

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Decrypt Editorial · Decrypt

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