Bit Origin Ltd Announces 1-for-5 Reverse Stock Split Effective August 21, 2026

Rhea-AI Summary

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.

Positive

• 1-for-5 reverse split reduces Class A share count from 3,999,568 to ~799,914
• Reverse split intended to support compliance with Nasdaq minimum bid price rule
• No cash-out of small holders: fractional shares rounded up to one full share
• Authorized shares and par value proportionately adjusted with split implementation

Negative

• Nasdaq compliance risk: company cannot assure regaining or maintaining listing standards
• Share consolidation reduces number of outstanding shares, which some investors may view cautiously

News Explained

The split changes share denomination, but Nasdaq compliance remains unresolved because the company gives no assurance of regaining or maintaining it.

The reverse split is scheduled for August 21, 2026; it mechanically reduces share count and raises per-share price proportionally, while Bit Origin says it cannot assure that it will regain or maintain Nasdaq compliance.

The split itself does not change the company’s value; it changes how that value is represented across fewer shares.

Market Context

The platform's stock-split history includes news_id 958034 with a -41.24% 24-hour reaction, providin...

Analysis

The platform's stock-split history includes news_id 958034 with a -41.24% 24-hour reaction, providing a comparable precedent. The current announcement paired its compliance objective with explicit continued-listing uncertainty and low short positioning.

Key Figures

Reverse split ratio: 1-for-5 Effective trading date: August 21, 2026 Class A shares: 3,999,568 to approximately 799,914 shares +2 more

5 metrics

Reverse split ratio 1-for-5 Effective August 21, 2026

Effective trading date August 21, 2026 Reverse-split-adjusted trading begins at market open

Class A shares 3,999,568 to approximately 799,914 shares Outstanding shares after the reverse stock split

Class B shares 105,211 to approximately 21,043 shares Outstanding shares after the reverse stock split

Post-split par value $0.0003 per share Post-Reverse Stock Split ordinary shares

Previous Stock split Reports

1 past event · Latest: Jan 15 (Negative)

Same Type Pattern 1 events

Date	Event	Sentiment	24h Move	Catalyst
Jan 15	reverse stock split	Negative	-41.2%	Prior 1-for-60 reverse split intended to support Nasdaq minimum bid-price compliance

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

Pattern Detected

The tag-specific precedent was negative, with the prior reverse stock split followed by a -41.24% 24-hour reaction.

Key Terms

reverse stock split, cusip

2 terms

reverse stock split financial

"today announced a 1-for-5 reverse stock split of the Company's"

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

cusip regulatory

"The new CUSIP number of the Company's Class A ordinary shares"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

View in glossary

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

SINGAPORE, Aug. 19, 2026 (GLOBE NEWSWIRE) -- Bit Origin Ltd (NASDAQ: BTOG) ("Bit Origin" or the "Company"), today announced a 1-for-5 reverse stock split of the Company's Class A ordinary shares and Class B ordinary shares (the "Reverse Stock Split").

Beginning with the opening of trading on August 21, 2026, the Company's Class A ordinary shares will trade on the Nasdaq Capital Market on a reverse-split-adjusted basis under the existing ticker symbol "BTOG." The new CUSIP number of the Company's Class A ordinary shares will be G21621209. When the Reverse Stock Split becomes effective, every five (5) issued and outstanding Class A ordinary shares will be automatically combined into one (1) Class A ordinary share, and every five (5) issued and outstanding Class B ordinary shares will be automatically combined into one (1) Class B ordinary share.

"The reverse stock split is intended to support our efforts to maintain compliance with Nasdaq's minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2)," said Jinghai Jiang, Chairman and Chief Executive Officer of Bit Origin. "While the Reverse Stock Split is intended to assist the Company in regaining compliance with Nasdaq Listing Rule 5550(a)(2), the Company cannot assure that it will be able to regain or maintain compliance with Nasdaq's continued listing standards. We remain focused on executing our strategic initiatives and enhancing long-term value for our shareholders."

As a result of the Reverse Stock Split, the number of outstanding Class A ordinary shares of Bit Origin will be reduced from 3,999,568 to approximately 799,914 shares, and the number of outstanding Class B ordinary shares of Bit Origin will be reduced from 105,211 to approximately 21,043 shares, subject to the rounding up of fractional shares.

Concurrently with the Reverse Stock Split, the Company amended its Memorandum and Articles of Association to proportionately reduce the number of authorized ordinary shares for issuance and change the par value of the post-Reverse Stock Split ordinary shares to $0.0003 per share. All outstanding options, warrants and other securities entitling holders to purchase or receive ordinary shares will be adjusted in accordance with their respective terms.

No fractional shares will be issued in connection with the Reverse Stock Split. Shareholders who would otherwise be entitled to receive fractional shares will receive one full share.

About Bit Origin Ltd

Bit Origin Ltd (NASDAQ: BTOG) is a company focused on AI computing infrastructure, digital asset innovation and blockchain-based strategies. The Company is evaluating and pursuing opportunities involving GPU computing, server leasing, storage infrastructure and related digital infrastructure services.

For more information, please visit www.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: ir@bitorigin.io

FAQ

What is the reverse stock split ratio for Bit Origin (NASDAQ: BTOG)?

Bit Origin approved a 1-for-5 reverse stock split for its Class A and Class B ordinary shares. According to Bit Origin, every five issued and outstanding shares of each class will automatically combine into one share when the reverse split becomes effective.

When does the Bit Origin (BTOG) reverse stock split take effect?

The Bit Origin reverse stock split becomes effective at the opening of trading on August 21, 2026. According to Bit Origin, Class A ordinary shares will then trade on a reverse-split-adjusted basis on the Nasdaq Capital Market under the existing ticker symbol BTOG.

How will Bit Origin’s outstanding shares change after the 1-for-5 reverse split?

After the 1-for-5 reverse split, Bit Origin’s outstanding Class A shares will decrease from 3,999,568 to about 799,914. According to Bit Origin, Class B shares will fall from 105,211 to about 21,043, subject to rounding up of fractional shares.

What happens to fractional shares in the Bit Origin (BTOG) reverse stock split?

No fractional shares will be issued in Bit Origin’s reverse split. According to Bit Origin, shareholders who would otherwise receive fractional shares will instead receive one full share, avoiding cash-in-lieu transactions for small positions.

Why is Bit Origin conducting a reverse stock split in August 2026?

Bit Origin stated the reverse stock split is intended to support efforts to meet Nasdaq’s minimum bid price requirement under Listing Rule 5550(a)(2). According to Bit Origin, there is no assurance it will regain or maintain full compliance with continued listing standards.

How will Bit Origin’s authorized shares and par value change after the reverse split?

Concurrently with the reverse split, Bit Origin amended its governing documents to proportionately reduce authorized ordinary shares. According to Bit Origin, the par value of post-split ordinary shares will change to $0.0003 per share.

Will Bit Origin (BTOG) options and warrants be adjusted after the reverse stock split?

Yes. All outstanding options, warrants and similar securities will be adjusted for the 1-for-5 reverse split. According to Bit Origin, these instruments will be modified in accordance with their respective terms to reflect the new share structure.