# Blockspace: Prime Bankruptcy Trust Sues Strike Parent Co for $150M, NAKA’s Reverse Stock Split, SEC Tokenized Stock Framework

Page: https://stenobird.com/podcast/coindesk-podcast-network-334494/blockspace-prime-bankruptcy-trust-sues-strike-parent-co-for-150m-naka-s-reverse-stock-split-sec-tokenized-stock-framework
Text version: https://stenobird.com/podcast/coindesk-podcast-network-334494/blockspace-prime-bankruptcy-trust-sues-strike-parent-co-for-150m-naka-s-reverse-stock-split-sec-tokenized-stock-framework.md
Podcast: [CoinDesk Podcast Network](https://stenobird.com/podcast/coindesk-podcast-network-334494)
Published: 2026-05-21T12:00:00+00:00
Episode link: https://traffic.megaphone.fm/CDI2885361433.mp3
Audio file: https://traffic.megaphone.fm/CDI2885361433.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/coindesk-podcast-network-334494/episodes/blockspace-prime-bankruptcy-trust-sues-strike-parent-co-for-150m-naka-s-reverse-stock-split-sec-tokenized-stock-framework
Duration seconds: 4975

## Resource

Prime’s bankruptcy trust is suing Strike’s parent company for ~$150 million in clawbacks, and Nakamoto (NAKA) moves forward with its reverse stock split. Welcome back to The Blockspace Podcast! Today, we cover the latest in the Prime Trust bankruptcy saga, as the bankruptcy trust from Prime is suing Zap Solutions (Strike’s parent company) for nearly $150M in clawbacks. We also welcome Kush Bavaria of Ornn to discuss the company’s forthcoming AI compute futures in a partnership with the Intercontinental Exchange, and Alexander Leishman of River Financial joins to talk about the Prime Trust suit and proof of reserves. For our final guest, Clenn Cameron of On Ramp joins to discuss the company’s $12.5M series A. And to round out the news, we break down Nakamoto's reverse stock split to avoid Nasdaq delisting, and the SEC's upcoming framework for tokenized equities. Check out our latest report, “What’s a Megawatt Worth?” where we quantify the trillion dollar opportunity for bitcoin miners venturing into the AI sector. Download here: https://megawattreport.com/ Subscribe to our newsletter to receive updates for all of our shows and content: https://newsletter.blockspacemedia.com 👉CleanSpark (Nasdaq: CLSK), a market-leading data center developer with a proven track record of success. 👉Luxor, Blockspace's preferred mining pool. Start hashing today with Luxor! 👉Lygos Finance, Borrow against your Bitcoin, without compromising on custody.

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/coindesk-podcast-network-334494/episodes/blockspace-prime-bankruptcy-trust-sues-strike-parent-co-for-150m-naka-s-reverse-stock-split-sec-tokenized-stock-framework/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/coindesk-podcast-network-334494/blockspace-prime-bankruptcy-trust-sues-strike-parent-co-for-150m-naka-s-reverse-stock-split-sec-tokenized-stock-framework.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.