Nakamoto holds over 5,000 BTC, CEO spends nearly $1 million to acquire 191,448 shares

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