May 20, 2026 5:49 PM

Nakamoto Inc., led by Trump’s crypto advisor David Bailey, is resorting to a desperate 1-for-40 reverse stock split just to avoid a humiliating Nasdaq delisting. Despite the hype around Bitcoin treasury companies, NAKA has failed to even touch the $1 mark for months, proving that high-profile political ties and BTC holdings aren't enough to save a failing business model. Is the Bitcoin treasury strategy actually a viable future, or is it just a mask for corporate failure? Your take?
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