Nakamoto holds over 5,000 BTC, and the CEO spent nearly $1 million to increase holdings by 191,448 shares
By: rootdata|2026/05/31 10:42:43
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According to Businesswire, Nakamoto announced that Chairman and CEO David Bailey purchased 191,448 shares of the company's common stock in the open market from May 26 to May 28, 2026, at an average purchase price of approximately $5.19 per share, for a total investment of $992,837.61.
After the transaction, David Bailey beneficially owns approximately 18.25% of Nakamoto's issued common stock. The announcement stated that this increase reflects his confidence in the company's strategy, assets, and long-term growth prospects. The company stated that it currently holds over 5,000 bitcoins.
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