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Bit Origin (BTOG) Stock News

BTOG Nasdaq

Welcome to our dedicated page for Bit Origin news (Ticker: BTOG), a resource for investors and traders seeking the latest updates and insights on Bit Origin stock.

Bit Origin Limited reports developments in digital asset innovation, blockchain-based strategies, and public-company capital actions. The company’s updates include Dogecoin treasury activity, DOGE-denominated private placements, convertible-note financing, and references to its historical Bitcoin mining experience.

News about BTOG also covers share-structure changes involving its Class A and Class B ordinary shares, including completed share capital reductions and reverse stock splits. Nasdaq Capital Market compliance updates, including minimum bid price matters, are recurring corporate-status disclosures for the company.

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Bit Origin (BTOG) will rebrand as SANGRIX INC. and change its Nasdaq trading symbol to SGRX, effective at the market open on September 4, 2026. The name change was approved by shareholders on August 21, 2026 and by the board on August 26, 2026.

The rebranding is intended to reflect the company’s transition toward AI computing and digital infrastructure, including a previously announced transaction involving sixteen NVIDIA Blackwell B300 AI servers. The CUSIP number will remain unchanged and no action is required from existing shareholders. The company also plans a new SANGRIX-branded website to update investors on strategy and operations.

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Bit Origin (NASDAQ: BTOG) announced a 1-for-5 reverse stock split of its Class A and Class B ordinary shares, effective at the opening of trading on August 21, 2026. Class A shares will continue trading on the Nasdaq Capital Market under ticker BTOG with new CUSIP G21621209.

Every five issued and outstanding Class A and Class B shares will be automatically combined into one share. Outstanding Class A shares will be reduced from 3,999,568 to approximately 799,914, and Class B shares from 105,211 to approximately 21,043, with fractional shares rounded up to a full share. The company stated the action is intended to support efforts to meet Nasdaq’s minimum bid price requirement. Authorized share counts and par value are proportionately adjusted, and all related options and warrants will be adjusted in line with their terms.

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Bit Origin (NASDAQ: BTOG) is emphasizing global AI infrastructure growth and outlining the commercialization plan for its previously announced sixteen NVIDIA Blackwell B300 AI servers. According to International Data Corporation, worldwide AI infrastructure spending is projected at approximately US$497 billion in 2026, with spending expected to exceed US$1 trillion by 2029, implying an average CAGR of about 31% for 2025–2029.

The company’s initial 16-server deployment is expected in the third quarter of 2026 at a data center in Malaysia, supported by contracted customer demand and existing hosting arrangements. Bit Origin has entered a five-year management agreement under which a third-party manager will coordinate deployment, operations, and commercialization, while Bit Origin plans to assess this initial project before any further expansion.

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Bit Origin (NASDAQ: BTOG) outlined its fiscal 2027 strategic priorities and detailed a proposed corporate rebranding to SANGRIX INC, intended to reflect its evolving focus on AI computing and digital infrastructure. The name change is subject to shareholder approval at an extraordinary general meeting on August 11, 2026 and subsequent approval by the Registrar of Companies of the Cayman Islands, with no assurance of completion or timing.

Operationally, the company’s principal priority is advancing the expected delivery and deployment of sixteen NVIDIA Blackwell B300 AI servers under a recently announced transaction. These servers, expected to arrive in the third quarter of 2026 for deployment at a data center in Malaysia, are expected to support Bit Origin’s initial recurring revenue base from AI computing infrastructure. The company also plans to selectively evaluate additional opportunities in GPU computing, server leasing, storage infrastructure and related digital infrastructure services, prioritizing projects backed by identifiable customer demand and commercially reasonable terms.

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Bit Origin (NASDAQ:BTOG) issued a corporate update on its AI strategy and governance initiatives. The company is coordinating delivery and deployment of acquired AI computing equipment with suppliers and data center partners and plans further operational updates as milestones are reached.

Bit Origin is also enhancing corporate governance, internal controls and financial reporting, has begun preparations for its fiscal 2026 annual audit with its independent auditor, and currently expects to file its annual report on a timely basis. The company is evaluating additions to its Board and leadership team with capital markets and technology experience.

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Bit Origin (NASDAQ:BTOG) reported that its recent strategic AI infrastructure acquisition has strengthened its balance sheet and stockholders' equity. The company acquired sixteen NVIDIA Blackwell B300 AI servers on June 28, 2026 for US$1.0 million in cash and US$10.0 million in equity.

Based on its current assessment, Bit Origin believes stockholders' equity is at least US$2.5 million, which it believes meets Nasdaq Listing Rule 5550(b)(1) equity requirements. The servers are expected to be delivered in Q3 2026 to support planned AI computing infrastructure operations.

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Bit Origin (NASDAQ:BTOG) agreed to acquire about US$11 million of NVIDIA Blackwell B300 AI infrastructure, consisting of 16 servers. The seller has already purchased the servers, with delivery currently expected in Q3 2026 and deployment at a data center in Malaysia.

Backed by contracted customer and hosting arrangements, Bit Origin expects about US$360,000 in recurring monthly revenue before operating expenses once the servers are delivered and online. The purchase price is US$1 million in cash and US$10 million in equity via pre-funded warrants, marking the company’s first next‑generation Blackwell AI transaction and an initial revenue base for its AI infrastructure expansion.

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Bit Origin (NASDAQ: BTOG) said it secured strategic financing on April 16, 2026 to explore expansion into AI-driven computing, storage infrastructure, and cooling services. The company will evaluate leasing, management and optimization of GPU-based computing and related server systems.

Bit Origin cited prior collaborations since 2024, Bitcoin mining experience, and plans to pursue a capital-efficient approach; execution depends on additional financing, commercial arrangements, personnel and market conditions, and no assurance of definitive agreements was given.

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Bit Origin (NASDAQ: BTOG) announced it has regained compliance with Nasdaq Listing Rule 5550(a)(2) after Nasdaq confirmed the company's Class A ordinary shares closed at $1.00 or greater for 14 consecutive business days from January 20, 2026, to February 6, 2026.

The company previously received a non-compliance notice on February 21, 2025; Nasdaq has closed the matter as of the February 9, 2026 notification letter.

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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.

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FAQ

What is the current stock price of Bit Origin (BTOG)?

The current stock price of Bit Origin (BTOG) is $2.21 as of September 4, 2026.

What is the market cap of Bit Origin (BTOG)?

The market cap of Bit Origin (BTOG) is approximately 1.8M.