Bit Origin Ltd has regained compliance with Nasdaq's minimum bid price requirement, closing the related matter.
Quiver AI Summary
Bit Origin Ltd announced that it has regained compliance with Nasdaq’s minimum bid price requirement after previously being notified of non-compliance in February 2025. According to a notification received on February 9, 2026, the company's Class A ordinary shares maintained a bid price of $1.00 or more for 14 consecutive business days. The Chairman and CEO, Jinghai Jiang, expressed satisfaction with this achievement, emphasizing the importance of maintaining the Nasdaq listing to their long-term strategy and commitment to enhancing shareholder value. Bit Origin is focused on digital asset innovation and blockchain strategies.
Potential Positives
- The company has regained compliance with Nasdaq's minimum bid price requirement, allowing it to maintain its listing on the exchange.
- This successful compliance reaffirms the effectiveness of the company's recent strategic actions, indicating potential stability and improvement in its market position.
- The CEO's statement highlights a commitment to executing strategic initiatives and enhancing long-term value for shareholders, which can boost investor confidence.
- Regaining compliance can positively impact the company's reputation and investor perception, aiding in future capital raising efforts or partnership opportunities.
Potential Negatives
- The press release highlights a previous notification from Nasdaq indicating that the company had failed to maintain a minimum bid price, suggesting ongoing financial struggles.
- While the company regained compliance with Nasdaq's listing standards, the fact that they were previously out of compliance may undermine investor confidence.
- The emphasis on compliance and strategic actions to regain it may imply that the company's previous strategies were insufficient or ineffective.
FAQ
What did Bit Origin announce on February 11, 2026?
Bit Origin announced that it has regained compliance with Nasdaq's minimum bid price requirement.
What is Nasdaq Listing Rule 5550(a)(2)?
Nasdaq Listing Rule 5550(a)(2) requires listed companies to maintain a minimum bid price of $1.00 per share.
When did Bit Origin initially fail to meet Nasdaq's requirements?
Bit Origin was notified on February 21, 2025, about the failure to maintain the minimum bid price.
What was the closing bid price of Bit Origin shares recently?
The closing bid price of Bit Origin’s shares was $1.00 or greater for 14 consecutive business days.
Who is the CEO of Bit Origin?
Jinghai Jiang is the Chairman and Chief Executive Officer of Bit Origin Ltd.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$BTOG Hedge Fund Activity
We have seen 5 institutional investors add shares of $BTOG stock to their portfolio, and 9 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS GROUP AG removed 558,306 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $96,028
- CREATIVE PLANNING added 103,900 shares (+inf%) to their portfolio in Q3 2025, for an estimated $39,772
- XTX TOPCO LTD added 49,584 shares (+inf%) to their portfolio in Q3 2025, for an estimated $18,980
- TWO SIGMA SECURITIES, LLC removed 49,213 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $18,838
- VIRTU FINANCIAL LLC added 25,425 shares (+inf%) to their portfolio in Q3 2025, for an estimated $9,732
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC removed 23,133 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $3,978
- STONEX GROUP INC. removed 21,532 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $8,242
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SINGAPORE, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Bit Origin Ltd (NASDAQ: BTOG) (“Bit Origin” or the “Company”), today announced that it has received a notification letter from The Nasdaq Stock Market LLC (“Nasdaq”) on February 9, 2026, confirming that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2).
On February 21, 2025, the Company was notified by Nasdaq that its Class A ordinary shares failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days. According to the notification letter received on February 9, 2026, Nasdaq staff has determined that for the last 14 consecutive business days, from January 20, 2026, to February 6, 2026, the closing bid price of the Company’s Class A ordinary shares has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2), and this matter is now closed.
“We are pleased to have successfully regained compliance with Nasdaq’s listing standards, confirming the effectiveness of our recent strategic actions,” said Jinghai Jiang, Chairman and Chief Executive Officer of Bit Origin. “Maintaining our Nasdaq listing is fundamental to our long-term strategy. We remain focused on executing our strategic initiatives and enhancing long-term value for our shareholders.”
About Bit Origin Ltd
Bit Origin Ltd (NASDAQ: BTOG) is an emerging growth company focused on digital asset innovation and blockchain-based strategies, including the development of its digital asset treasury initiatives and related ecosystem opportunities. For more information, please visit
https://bitorigin.io
.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the expected timing and effects of the Reverse Stock Split and the Company’s ability to regain or maintain compliance with Nasdaq listing requirements. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. The Company undertakes no obligation to update any forward-looking statements except as required by law.
Company Contact:
Bit Origin Ltd
Mr. Jinghai Jiang, Chairman and Chief Executive Officer
Email: [email protected]
