Other Events ·
BTC Digital Ltd. received a deficiency letter from Nasdaq on August 27, 2026, for failing to maintain the minimum…
BTCTBTC Digital Ltd.
BTC Digital Ltd. received a deficiency letter from Nasdaq on August 27, 2026, for failing to maintain the minimum $1.00 bid price requirement under Rule 5550(a)(2). The company has been granted an initial 180-day compliance period ending February 23, 2027, during which it must achieve a closing bid price of at least $1.00 for ten consecutive business days to regain compliance. Failure to meet this standard may result in delisting proceedings or eligibility for an additional 180-day extension contingent upon meeting market value requirements and potentially effecting a reverse stock split. BTC Digital Ltd. operates in the cryptocurrency mining industry.