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

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