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An update from China Xiangtai Food Co ( (BTOG) ) is now available.
Bit Origin Ltd, a company involved in financial transactions through convertible notes and warrants, has recently undergone significant changes in its financial structure. In March 2025, the company issued over 7.9 million Class A ordinary shares following the partial exercise of warrants by a holder. Additionally, the company faced an event of default due to a missed amortization payment under a 2023 Note, leading to a redemption payment converted into over 30 million Class A ordinary shares. As of April 18, 2025, both the 2023 Note and the Exchange Note have been retired, leaving the company with 58.2 million Class A and 768,000 Class B ordinary shares outstanding.
More about China Xiangtai Food Co
YTD Price Performance: -86.53%
Average Trading Volume: 32,393,063
Technical Sentiment Signal: Buy
Current Market Cap: $1.17M
See more insights into BTOG stock on TipRanks’ Stock Analysis page.