David Bailey’s Nakamoto Approves 40-to-1 Stock Split to Push NAKA Above $1

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Nakamoto Inc. (Nasdaq: NAKA) announced a 1-for-40 reverse stock split on May 20, 2026, set to take effect at 12:01 a.m. ET on May 22, 2026. Nakamoto Cuts NAKA Shares 40-to-1 to Salvage Nasdaq Listing Before June Deadline The bitcoin treasury and operating company said every 40 pre-split shares will consolidate into one post-split share. […]