Bit Origin Limited Stock Price, News & Analysis

Bit Origin (NASDAQ: BTOG) announced a 1-for-60 reverse stock split of Class A and Class B ordinary shares, effective at the opening of trading on January 20, 2026. Post‑split the Class A ticker remains BTOG and the new CUSIP for Class A is G21621134. The Company said the split is intended to support compliance with Nasdaq Listing Rule 5550(a)(2), but it cannot assure regained or continued compliance. Outstanding Class A shares will be reduced from approximately 88.6 million to ~1.5 million and Class B shares from 768,000 to 12,800. Options, warrants and similar securities will be adjusted and fractional shares will be converted into one full share. The par value of post‑split shares is set at $0.00006.

Bit Origin (NASDAQ:BTOG) has partnered with BitGo for digital asset custody and OTC trading services, focusing on securing its Dogecoin (DOGE) holdings. The partnership leverages BitGo Trust Company's regulated custody solutions with insurance protection up to $250M against loss, theft, and misuse.

Through this collaboration, Bit Origin will access BitGo Prime LLC's electronic trading platform for treasury management and acquisition activities. The partnership represents a significant step in corporate treasury management's evolution toward digital assets, with Bit Origin becoming one of the first NASDAQ-listed companies to establish a DOGE treasury.

Bit Origin (NASDAQ: BTOG) has received a 180-day extension from Nasdaq to regain compliance with the minimum bid price requirement. The company now has until February 16, 2026, to meet the $1.00 per share minimum bid price requirement after failing to maintain this threshold over the preceding 30 consecutive business days.

To maintain its Nasdaq Capital Market listing, BTOG must achieve a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days during the compliance period. The company has indicated it may implement a reverse stock split if necessary to cure the deficiency. If compliance is not achieved by the deadline, BTOG will face potential delisting but will have the right to appeal to a Nasdaq Hearings Panel.

Bit Origin (NASDAQ: BTOG) has announced the completion of a private placement involving the sale of 20 million Class A ordinary shares for 30 million DOGE, at an acquisition cost of $0.2 per DOGE. This strategic move has significantly expanded the company's Dogecoin treasury to 70,543,745 DOGE with an average acquisition cost of approximately $0.2268 per DOGE.

The private placement complements Bit Origin's previously announced $500 million equity purchase and convertible note facility, supporting their goal of establishing one of the largest Dogecoin treasuries among publicly traded companies. The company's Pro Forma DOGE-Per-Share (DPS) now stands at approximately 0.80.

Bit Origin (NASDAQ: BTOG) has successfully completed a share capital reduction following shareholder approval and confirmation by the Grand Court of the Cayman Islands. The company has reduced the par value of each issued and authorized share from US$0.30 to US$0.000001.

Following this reduction, Bit Origin's authorized share capital is now US$500, divided into 500,000,000 ordinary shares (475,000,000 Class A and 25,000,000 Class B Ordinary Shares). The reduction was officially registered by the Cayman Islands Registrar of Companies on July 25, 2025.

CEO Jinghai Jiang stated this move provides increased flexibility for future corporate actions, including potential capital raises and strategic transactions.

Bit Origin (NASDAQ: BTOG) has announced its first strategic digital asset acquisition, purchasing approximately 40.5 million Dogecoin (DOGE) as part of its treasury initiative. The purchase is supported by previously announced capital facilities of up to $500 million.

Key metrics of the acquisition include an average purchase cost of $0.2466 per DOGE and an initial DOGE-Per-Share (DPS) of approximately 0.691. CEO Jinghai Jiang emphasized the company's belief in Dogecoin's potential for micropayments and its evolution toward decentralized finance, citing increased developer activity and institutional interest in tokenization.

Bit Origin Ltd (NASDAQ: BTOG) has secured significant funding facilities totaling $500 million to launch its Dogecoin treasury strategy. The facilities include up to $400 million in Class A ordinary shares and $100 million in convertible debt, with an initial closing of $15 million already completed through ATW Partners.

As the first publicly listed company on a major US exchange to accumulate Dogecoin as a core asset, Bit Origin aims to become one of the largest publicly traded Dogecoin holders. The company's strategy focuses on delivering long-term value through increasing Doge-per-share and leveraging Dogecoin's potential integration into payment systems, particularly X Money.

The company plans to explore miner-facing services, payment applications, and other value-generating operations within the Dogecoin ecosystem, building on its existing cryptocurrency mining infrastructure.

Bit Origin (NASDAQ: BTOG), a crypto mining company, has successfully regained compliance with Nasdaq's minimum stockholders' equity requirement of $2.5 million. The company received formal confirmation from Nasdaq on July 1, 2025, following its non-compliance notification received on January 3, 2025.

While BTOG now meets the equity standard, it remains under Nasdaq's monitoring and must maintain compliance in future periodic filings to avoid potential delisting. The company retains the right to appeal any future delisting determination to a Nasdaq Hearings Panel.

Bit Origin Ltd (NASDAQ: BTOG), a crypto mining company, has announced a court hearing scheduled for June 5, 2025, at 10:00 a.m. before the Grand Court of the Cayman Islands. The hearing will consider confirming the company's proposed share capital reduction, which was approved by special resolution on March 14, 2025.

The reduction aims to decrease the par value of each authorized share from US$0.30 to US$0.000001. Post-reduction, the company's authorized share capital will be US$500, divided into 500,000,000 shares, comprising 475,000,000 Class A Ordinary Shares and 25,000,000 Class B Ordinary Shares. Creditors or shareholders opposing this reduction must notify Mourant Ozannes by June 4, 2025.