Nakamoto holds over 5,000 BTC, David Bailey spends nearly $1 million to increase holdings by 191,000 shares

Odaily reported that Nasdaq-listed Bitcoin treasury company Nakamoto announced that Chairman and CEO David Bailey purchased 191,448 common shares of the company on the open market between May 26 and May 28 for nearly $1 million. Nakamoto disclosed that its balance sheet holds over 5,000 BTC. As of now, David Bailey holds approximately 18.25% of the company's outstanding common shares. (Businesswire)