Bit Origin Ltd (BTOG) specializes in digital asset mining. The company's core operations involve the deployment of cryptocurrency mining and associated blockchain technologies. Established in 2018 and headquartered in Singapore, the firm was formerly known as China Xiangtai Food Co., Ltd., officially rebranding to Bit Origin Ltd in April 2022.
Bit Origin Ltd Announces 1-for-5 Reverse Stock Split Effective August 21, 2026
Bit Origin announced a 1-for-5 reverse stock split effective August 21, 2026, aimed at regaining compliance with Nasdaq's minimum bid price requirement.
The split reduces outstanding Class A shares from approximately 4.0 million to 799,914 and Class B shares from 105,211 to 21,043.
The company amended its Memorandum and Articles of Association to reduce authorized shares proportionately and set the new par value at $0.0003 per share.