BTC Digital regains Nasdaq compliance, shares rebound after hours

Corporate Action
โดย Seeking Alpha·US·Read original
Summary · why it matters

BTC Digital announced on Friday that it regained compliance with Nasdaq's minimum bid price requirement after its closing bid price stayed at or above $1 for 10 consecutive business days. The company had received a deficiency notice on August 27 after its shares traded below $1 for 30 consecutive days. Nasdaq confirmed the compliance and closed the matter ahead of the February 23, 2027 deadline. Shares closed 8.33% lower at $1.76 but gained 1.14% in after-hours trading as investors appeared relieved by the update.

Impact on stocks 1

Digital Finance & Tokenization · 1 stocks
BTC Digital Ltd.
BTCT
▲ PositiveRegulationrelevance

Regained Nasdaq compliance, resolving delisting risk.