Nasdaq-Listed Bitcoin Firm Nakamoto Sells BTC, Cuts Debt and Authorizes Share Buyback
In brief Nakamoto, Inc. said it sold about $48 million worth of Bitcoin and derivatives positions to help eliminate debt. The company also refinanced other...
Tag : Nakamoto
Bitcoin treasury company Nakamoto falls nearly 67% YTD after reverse stock split
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...
Nakamoto Ltd Enacts 1-for-40 Split to Secure Nasdaq Listing, Tilts Toward Bitcoin Treasury
Nakamoto Ltd is executing a 1-for-40 reverse stock split Friday, a compliance-driven consolidation that collapses 696.1 million outstanding shares down to approximately 17.4 million and...
Nakamoto moves ahead with reverse stock split as Nasdaq deadline nears
Bitcoin treasury company Nakamoto has moved forward with a 1-for-40 reverse stock split after receiving a Nasdaq warning over its prolonged share price decline. Summary...
Bitcoin Firm Nakamoto Plots 1-for-40 Stock Split Following 99% Price Plunge
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...
Bitcoin firm Nakamoto records net loss in Q1 despite sixfold revenue growth
Bitcoin company Nakamoto saw a 500% quarter-on-quarter increase in Q1 revenue after completing two key strategic acquisitions in February aimed at expanding its footprint across...
Nakamoto revenue jumps, but Q1 loss hits $238.8M
Nakamoto reported $2.7 million in first-quarter operating revenue after completing its acquisitions of BTC Inc. and UTXO Management on Feb. 20. Summary Nakamoto reported $2.7...
Bitcoin Developer Plans to 'Reassign' Coins Linked to Satoshi Nakamoto in Hard Fork
In brief LayerTwo Labs CEO Paul Sztorc has proposed a Bitcoin hard fork called eCash. The fork would clone and “reassign” coins linked to Bitcoin...
Nakamoto rolls out actively managed Bitcoin options program with Bitwise and Kraken
Nakamoto Inc. is running an actively managed options program with Bitwise and Kraken, writing covered calls and buying puts on part of its Bitcoin stack...
Nakamoto taps Bitwise and Kraken for Bitcoin options strategy to hedge risk
Nakamoto launched a Bitcoin derivatives program with Bitwise and Kraken, aiming to generate options premiums and hedge part of its BTC treasury exposure. Nasdaq-listed Bitcoin...