Falling 99% from a high point and then doing a reverse split, the script is too classic.

Nakamoto announces plans to implement a 1-for-40 reverse stock split, aiming to boost the share price to at least $1 to re-qualify for Nasdaq's minimum share price listing requirement. Previously, the share price had fallen approximately 99% from its all-time high; the split will significantly reduce the number of outstanding shares, consolidating 40 shares into 1 share. The company's core asset is Bitcoin. The effective date has not yet been announced and requires approval from the board of directors and shareholders.