{"id":82980,"date":"2026-05-28T09:45:02","date_gmt":"2026-05-28T02:45:02","guid":{"rendered":"https:\/\/hbbgroup.net\/bitcoin-treasury-company-nakamoto-falls-nearly-67-ytd-after-reverse-stock-split\/"},"modified":"2026-05-28T09:45:02","modified_gmt":"2026-05-28T02:45:02","slug":"bitcoin-treasury-company-nakamoto-falls-nearly-67-ytd-after-reverse-stock-split","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/bitcoin-treasury-company-nakamoto-falls-nearly-67-ytd-after-reverse-stock-split\/","title":{"rendered":"Bitcoin treasury company Nakamoto falls nearly 67% YTD after reverse stock split"},"content":{"rendered":"
\n

Nakamoto (NAKA) is trading down more than 10% on Wednesday just days after the Bitcoin treasury company completed a 1-for-40 reverse stock split undertaken to stay compliant with the Nasdaq stock exchange\u2019s listing criteria.\u00a0<\/p>\n

NAKA stock is down by about 67% year-to-date (YTD) and by more than 99% since its May 2025 peak of about $34 per share, reaching a low of about $0.16 per share in April before the reverse stock split<\/a> on Friday.<\/p>\n

Nasdaq warned the company in December that its shares would be delisted after trading below $1 for at least 30 consecutive days, according to a Securities and Exchange Commission (SEC) filing<\/a>.<\/p>\n

The reverse split reduced the number of outstanding shares to about 17.4 million from about 696 million, according<\/a> to the company.\u00a0<\/p>\n

<\/figure>\n

NAKA stock price is down by nearly 67% year-to-date. Source: <\/em>Yahoo Finance<\/em><\/a><\/p>\n

Cointelegraph reached out to NAKA for comment but did not receive a response by the time of publication.\u00a0<\/p>\n

The decline in NAKA\u2019s value comes amid a broad downturn in the Bitcoin treasury sector<\/a> that started in 2025; however, the company has also underperformed the industry\u2019s top players, including Strategy (MSTR), Twenty-One Capital (XXI) and Strive Asset Management (ASST).<\/p>\n

Related: <\/strong><\/em>Bitcoin firm Nakamoto records net loss in Q1 despite sixfold revenue growth<\/strong><\/em><\/a><\/p>\n

BTC treasury companies show signs of recovery, but market remains challenging <\/h2>\n

Strategy, the biggest Bitcoin treasury company as measured by its BTC holdings, is up about 2.5% YTD, and is trading at about $155 per share.<\/p>\n

Twenty-One Capital, the second-largest publicly traded BTC treasury, with 43,514\tcoins, is down by more than 17% YTD, and is trading at about $7.26 per share.<\/p>\n

<\/figure>\n

The current distribution of Bitcoin among publicly traded BTC treasury companies, private enterprises, government entities and investment funds. Source: <\/em>Bitcoin Treasuries<\/em><\/a><\/p>\n

Strive is also up by over 20% YTD, last trading at about $17.72 a share.<\/p>\n

The digital asset treasury space is likely to experience consolidation in 2026<\/a>, as bigger companies eat up smaller firms, according to venture firm Pantera Capital.<\/p>\n

\u201c2026 will see brutal pruning. In each major asset class, only one or two players will dominate. Everyone else gets acquired or left behind,\u201d analysts at Pantera forecast<\/a> in January.<\/p>\n

Magazine:<\/strong><\/em> Bitcoin will not hit $1M by 2030, says veteran trader Peter Brandt<\/strong><\/em><\/a><\/p>\n<\/div>\n

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph\u2019s Editorial Policy<\/a> and aims to provide accurate and timely information. Readers are encouraged to verify information independently. <\/p>","protected":false},"excerpt":{"rendered":"

Nakamoto (NAKA) is trading down more than 10% on Wednesday just days after the Bitcoin treasury company completed a 1-for-40 […]<\/p>","protected":false},"author":5,"featured_media":82981,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-82980","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/82980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/comments?post=82980"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/82980\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/82981"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=82980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=82980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=82980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}