BIT ORIGIN Ltd implemented a 1-for-5 reverse stock split of its Class A and Class B ordinary shares, effective August 21, 2026. The consolidation reduced outstanding Class A shares from approximately 3,999,568 to roughly 799,914 and Class B shares from 105,211 to about 21,043. Fractional shares were rounded up to the nearest whole share rather than paid in cash. The company executed this action to maintain compliance with Nasdaq’s minimum bid price requirement of $1.00 per share under Listing Rule 5550(a)(2). Concurrently, the par value was increased to US$0.0003 and authorized shares were proportionately reduced. Outstanding options and warrants were adjusted to preserve aggregate exercise prices. BIT ORIGIN Ltd operates in the AI computing infrastructure and digital asset innovation industry.
