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Bit Origin ( (BTOG) ) just unveiled an announcement.
On December 19, 2025, Bit Origin Ltd’s board approved a 1-for-60 reverse stock split of its Class A and Class B ordinary shares, which became effective with the opening of Nasdaq trading on January 20, 2026. The move reduced the number of outstanding Class A shares from about 88.6 million to roughly 1.5 million and Class B shares from 768,000 to about 12,800, while proportionally adjusting the par value, total authorized share count and the terms of outstanding options, warrants and convertible notes. Bit Origin’s shares continue to trade under the ticker “BTOG” with a new CUSIP, and the reverse split is aimed at helping the company regain compliance with Nasdaq’s $1.00 minimum bid price requirement ahead of a February 16, 2026 deadline, a step that underscores both the pressure on its share price and management’s efforts to preserve its U.S. listing and protect shareholder value.
More about Bit Origin
Bit Origin Ltd (Nasdaq: BTOG) is an emerging growth company focused on digital asset innovation and blockchain-based strategies, including the development of a digital asset treasury and related ecosystem opportunities. The company is listed on the Nasdaq Capital Market and operates out of Singapore, targeting investors interested in blockchain and digital asset-driven business models.
Average Trading Volume: 2,222,867
Technical Sentiment Signal: Sell
Current Market Cap: $8.24M
See more data about BTOG stock on TipRanks’ Stock Analysis page.