Bit Origin Ltd — MarketDX

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Bit Origin announces 1-for-5 reverse stock split

Bit Origin announced a 1-for-5 reverse stock split of its Class A and Class B ordinary shares, with split-adjusted trading beginning August 21, 2026. The move is intended to help regain compliance with Nasdaq’s $1 minimum bid-price requirement. Outstanding Class A shares are expected to fall from about 4 million to 800,000, while Class B shares will decline from about 105,000 to 21,000. Bit Origin also amended its corporate documents to reduce authorized shares and adjust the post-split par value.

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Bit Origin says AI server acquisition lifts stockholders' equity to at least US$2.5 million

Bit Origin announced that its recent acquisition of sixteen NVIDIA Blackwell B300 AI servers has strengthened its balance sheet, with stockholders' equity now at least US$2.5 million as of its interim report filing. The company completed the purchase on June 28, 2026 for US$1.0 million in cash and US$10.0 million in equity, and believes this satisfies the Nasdaq Listing Rule 5550(b)(1) equity requirement. The servers are expected to be delivered in the third quarter of 2026 and will support the company's planned AI computing infrastructure operations. Chairman and CEO Jinghai Jiang said the transaction materially strengthens the balance sheet and establishes a solid financial foundation for the next stage of growth.

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