Bitcoin treasury company Nakamoto falls nearly 67% YTD after reverse stock split

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Nakamoto, a Bitcoin treasury company, falls nearly 67% YTD after a reverse stock split, significantly impacting its market value. The company owns 5,058 Bitcoin, ranking it as the 20th largest publicly traded BTC treasury company, according to data from Bitcoin Treasuries. This decline may lead to a sell-off in the broader cryptocurrency market.