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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
$64,325.00
-0.12%
$64,325.00
-0.12%
(24s)24h Volume
$17,111,145,056.03
24h H/L
$64,744.81 / $63,267.34
Change: $1,477.47 (2.34%)
Long/Short
61.9%
Long: 61.9%Short: 38.1%
Funding Rate
+0.0049%
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…
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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