Nakamoto, a Nasdaq-listed Bitcoin treasury company, announced that its Chairman and CEO, David Bailey, purchased 191,448 shares of the company's common stock on the open market between May 26 and May 28, spending nearly $1 million. According to ChainCatcher, Nakamoto has disclosed that it holds over 5,000 Bitcoins on its balance sheet. Currently, David Bailey owns approximately 18.25% of the company's outstanding common shares.