All-time low: Bitcoin treasury company Nakamoto, founded by David Bailey, sees stock price drop to $4.70

Odaily reported that BitcoinTreasuries.NET posted on X that Nakamoto (NAKA), a bitcoin treasury company founded by David Bailey, saw its stock price hit $4.70 after completing a 1-for-40 reverse stock split last week, marking an all-time low. The current short interest ratio stands at 5%.