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BTC Digital Ltd. Regains Compliance with Nasdaq Minimum Bid Price Requirement Following Prior Deficiency Notice

BTC Digital confirms it met Nasdaq’s minimum bid price rule ahead of the allowed 180-day cure period, closing the prior deficiency case.

(Neutral)
Tags
crypto

BTC Digital (BTCT) has regained compliance with Nasdaq Listing Rule 5550(a)(2) requiring a minimum bid price of US$1.00 per share.

The company had received a deficiency notice on August 27, 2026 after its ordinary shares closed below US$1.00 for 30 consecutive business days. Nasdaq granted a 180‑day period, until February 23, 2027, to restore compliance by maintaining a closing bid of at least US$1.00 for a minimum of 10 consecutive business days. On September 3, 2026, Nasdaq notified BTC Digital that this requirement was met and that the compliance matter is now closed.

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Positive

  • Nasdaq compliance restored with minimum US$1.00 bid price rule
  • Deficiency cured well before February 23, 2027 compliance deadline

Negative

  • None.

Market Reaction – BTCT

-7.81% $1.77
15m delay
-7.81% Vs previous close
$1.77 Last Price
$1.70 $2.00 Day Range
$30.05M Market Cap
0.9x Rel. Volume

Following this news, BTCT has declined 7.81%, reflecting a notable negative market reaction. Our momentum scanner has triggered 21 alerts so far, indicating elevated trading interest and price volatility. The stock is currently trading at $1.77.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Market Context

At publication, SCKT was listed as up 0%, while QMCO was down 0.3639304544776678%. Against that mixe...
Analysis

At publication, SCKT was listed as up 0%, while QMCO was down 0.3639304544776678%. Against that mixed peer backdrop, the compliance closure is a regulatory status update; elevated short positioning is a risk to monitor.

Key Figures

Minimum bid price: US$1.00 per share Prior deficiency period: 30 consecutive business days Compliance period: 180 calendar days +3 more
6 metrics
Minimum bid price US$1.00 per share Nasdaq Listing Rule 5550(a)(2)
Prior deficiency period 30 consecutive business days Closing bid price below US$1.00
Compliance period 180 calendar days Deadline of February 23, 2027
Compliance deadline February 23, 2027 Nasdaq-provided compliance period
Required bid-price duration 10 consecutive business days Minimum period to regain compliance
Compliance confirmation date September 3, 2026 Nasdaq confirmed compliance was regained

Previous Crypto Reports

5 past events · Latest: Aug 24 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Aug 24 Mining deployment readiness Positive +52.6% Georgia cryptocurrency computing project approached deployment readiness.
Oct 14 Strategic cooperation MOU Positive +1.8% MOU covered cryptocurrency mining, stablecoin payments, and blockchain services.
Sep 16 Mining rig upgrade Positive +4.2% Deployment of new mining rigs targeted computing power and energy efficiency.
Aug 05 Meeting postponement Neutral -3.6% Extraordinary general meeting was postponed because the required quorum was unavailable.
Aug 04 Meeting postponement Neutral +10.4% Extraordinary general meeting was postponed again because of insufficient quorum.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

BTC Digital's crypto-tagged announcements generally aligned with positive reactions, while private-placement news diverged.

Key Terms

closing bid price, minimum bid price requirement
2 terms
closing bid price financial
"the closing bid price of the Company's ordinary shares had been below US$1.00"
The closing bid price is the last price that a buyer was willing to pay for a security at the end of the trading day. It reflects the final visible demand for the stock — like the last offer someone makes for a used car before a yard closes — and helps investors gauge market interest, set valuations, and mark portfolios to market for that day.
minimum bid price requirement regulatory
"confirming that the Company has regained compliance with Nasdaq Listing Rule"
A minimum bid price requirement is a rule that a stock must trade above a set price for a specified period to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings or removal from the exchange, which can cut liquidity, reduce visibility, and often lead to sharper declines in share value—think of it like a venue’s minimum dress code that, if not met, can bar a performer from the stage.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SINGAPORE, Sept. 4, 2026 /PRNewswire/ -- BTC Digital Ltd. ("BTC Digital" or the "Company") (NASDAQ: BTCT), a Nasdaq-listed digital computing infrastructure company, today announced that it has received written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") confirming that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of US$1.00 per share, and that the matter is now closed.

As previously disclosed in the Company's Report on Form 6-K filed with the U.S. Securities and Exchange Commission on September 2, 2026, the Company received a deficiency letter from Nasdaq on August 27, 2026 indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2) (the "Bid Price Rule") because the closing bid price of the Company's ordinary shares had been below US$1.00 per share for the preceding 30 consecutive business days.

In accordance with the Nasdaq Listing Rules, the Company had been provided a 180-calendar-day compliance period, or until February 23, 2027, to regain compliance with the Bid Price Rule. To regain compliance, the closing bid price of the Company's ordinary shares was required to be at least US$1.00 per share for a minimum of 10 consecutive business days.

On September 3, 2026, the Company received written notification from Nasdaq confirming that the Company had satisfied the minimum bid price requirement for the requisite period and had therefore regained compliance with Nasdaq Listing Rule 5550(a)(2). Accordingly, Nasdaq has advised the Company that the matter is closed.

About BTC Digital Ltd.

BTC Digital Ltd. is a digital computing infrastructure company with operations and strategic initiatives in blockchain infrastructure and AI computing infrastructure. The Company is currently engaged in businesses including cryptocurrency mining, mining farm construction, data center operation, and related business activities, while it is also advancing the development of AI computing infrastructure and related services.

For more information, please visit: https://btct.us/.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release other than statements of historical or current fact are forward-looking statements. These statements are based on information currently available to the Company and its current plans and expectations, and involve known and unknown risks and uncertainties. Actual results may differ materially due to various factors, including the risks described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by applicable law, the Company undertakes no obligation to update any forward-looking statement.

Cision View original content:https://www.prnewswire.com/news-releases/btc-digital-ltd-regains-compliance-with-nasdaq-minimum-bid-price-requirement-following-prior-deficiency-notice-302870410.html

SOURCE BTC Digital Ltd.

FAQ

What did BTC Digital (BTCT) announce about its Nasdaq listing status?

BTC Digital announced that Nasdaq has confirmed the company has regained compliance with Listing Rule 5550(a)(2), which requires a minimum bid price of US$1.00 per share, and that the prior bid-price deficiency matter is now closed.

Why was BTC Digital (BTCT) previously non-compliant with Nasdaq’s minimum bid price rule?

BTC Digital was deemed non-compliant after the closing bid price of its ordinary shares stayed below US$1.00 per share for 30 consecutive business days, triggering a deficiency letter from Nasdaq dated August 27, 2026.

What are the Nasdaq bid price requirements that BTC Digital (BTCT) had to meet?

Nasdaq Listing Rule 5550(a)(2) requires a minimum bid price of US$1.00 per share. To regain compliance, BTC Digital had to maintain a closing bid price at or above US$1.00 for at least 10 consecutive business days.

When did BTC Digital (BTCT) regain compliance with Nasdaq’s minimum bid price rule?

On September 3, 2026, BTC Digital received written notification from Nasdaq that it had satisfied the minimum bid price requirement for the required period and had therefore regained compliance with Listing Rule 5550(a)(2).

How much time did BTC Digital (BTCT) have to fix its Nasdaq bid price deficiency?

Nasdaq granted BTC Digital a 180-calendar-day compliance period, until February 23, 2027, to regain compliance by lifting and maintaining its closing bid price to at least US$1.00 per share for a minimum of 10 consecutive business days.

Is the Nasdaq bid price deficiency case for BTC Digital (BTCT) now closed?

Yes. Nasdaq advised BTC Digital that, after the company met the minimum bid price requirement for the requisite 10 consecutive business days, the bid price compliance matter is closed.