Seattle, Washington–(Newsfile Corp. – Might 1, 2026) – Lithosphere has deployed a full-stack improvement surroundings designed to help the end-to-end creation of AI-native decentralized …
Lithoshphere News
Bitcoin
Key Takeaways Nakamoto Inc. executes a 1-for-40 reverse split on May 22, 2026, to meet Nasdaq’s $1 minimum bid requirement. NAKA shares outstanding drop from 696.1 million to 17.4 million, while 10 billion authorized shares remain, raising dilution risk. CEO David Bailey’s bitcoin treasury firm holds 5,058 BTC but faces scrutiny over prior BTC sales and stock-based acquisitions. Nakamoto Cuts NAKA Shares 40-to-1 to Salvage Nasdaq Listing Before June Deadline The bitcoin treasury and operating company said every 40 pre-split shares will consolidate into one post-split share. Trading on a split-adjusted basis begins the morning of May 22 under the …
Crypto
In crypto ETF news, Trump Media & Technology Group (TMTG), the parent company of Truth Social, has officially withdrawn its application for a branded spot …
Despite not being available to US users, Hougan calls Hyperliquid one of the fastest-growing financial businesses he has seen. Bitwise Chief Investment Officer Matt …
