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China Xiangtai Food Co ( (BTOG) ) has provided an update.
Bit Origin Ltd announced the completion of a significant share capital reduction, confirmed by the Grand Court of the Cayman Islands on June 5, 2025, and registered on July 25, 2025. This reduction decreases the par value of each share from US$0.30 to US$0.000001, providing the company with increased flexibility for future corporate actions, such as potential capital raises and strategic transactions, as part of its long-term value strategy for shareholders.
More about China Xiangtai Food Co
Bit Origin Ltd is an emerging growth company focused on deploying blockchain technologies and pursuing diversified expansion strategies.
Average Trading Volume: 37,701,286
Technical Sentiment Signal: Sell
Current Market Cap: $19.7M
See more insights into BTOG stock on TipRanks’ Stock Analysis page.