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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

$84,603.55

+1.66%

$84,603.55

+1.66%

(24s)

24h Volume

$19,100,226,774.88

24h H/L

$84,942.45 / $83,156.00

Change: $1,786.45 (2.15%)

Long/Short

56.8%

Long: 56.8%Short: 43.2%

Funding Rate

+0.0021%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,644.26

▲ 0.28%

Volume (24h): -

Resistance Levels

Resistance 3$99,648.20

Resistance 2$94,549.91

Resistance 1$85,369.74

Price$84,644.26

Support 1$84,364.01

Support 2$81,859.10

Support 3$77,001.87

Pivot (PP):$84,075.87

Trend:Uptrend

RSI (14):66.0

Decrypt Editorial

(01:21 AM UTC)

1 min read

Updated byMichael Roberts

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…

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