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 (BTOG) delivers innovative solutions at the intersection of crypto mining and blockchain technology. This news hub provides investors and industry observers with timely updates on operational developments, strategic partnerships, and technological advancements driving sustainable digital asset ecosystems.
Access official press releases and curated analysis covering key initiatives including AI-enhanced mining operations, GPU cloud infrastructure deployments, and blockchain technology incubations. Our resource enables stakeholders to monitor the company's progress in energy-efficient mining practices and strategic market expansions.
Regular updates include financial disclosures, facility expansions, and technology partnership announcements. Discover how Bit Origin's focus on predictive maintenance algorithms and decentralized computing resources shapes its position in the evolving crypto landscape.
Bookmark this page for continuous access to verified updates about BTOG's operational strategies and industry contributions. Stay informed about developments impacting the company's role in sustainable blockchain infrastructure through our comprehensive news collection.
Bit Origin (NASDAQ: BTOG) has received a notification from Nasdaq on February 21, 2025, indicating non-compliance with the minimum bid price requirement. The company's shares have failed to maintain the required $1.00 per share minimum bid price for 30 consecutive business days from January 7 to February 20, 2025.
Nasdaq has granted BTOG a 180-day compliance period until August 20, 2025 to regain compliance. The company can resolve the issue if its closing bid price reaches at least $1.00 per share for a minimum of ten consecutive business days during this period. If unable to comply by the deadline, BTOG may be eligible for additional time if it meets other listing requirements and considers options like a reverse stock split.
Bit Origin (NASDAQ: BTOG) has received a notification from Nasdaq indicating non-compliance with the minimum stockholders' equity requirement for continued listing on the Nasdaq Capital Market. The company failed to maintain the required minimum of $2,500,000 in stockholders' equity, reporting only $909,583 as of June 30, 2024.
According to the notification letter, BTOG has 45 calendar days to submit a compliance plan to Nasdaq. If the plan is accepted, Nasdaq may grant an extension of up to 180 calendar days from the notification date to demonstrate compliance. The company's shares continue to trade on Nasdaq under the symbol 'BTOG' as the notification has no immediate effect on listing or trading.
Bit Origin (NASDAQ: BTOG), a crypto mining company, has successfully regained compliance with Nasdaq Listing Rule 5250(c)(1) following the filing of its annual report on Form 20-F for the fiscal year ended June 30, 2024. The company had previously received a non-compliance notice from Nasdaq on November 20, 2024, due to delayed filing. On December 27, 2024, Nasdaq confirmed that Bit Origin has met the listing requirement for timely submission of periodic financial reports to the SEC.
Bit Origin (NASDAQ: BTOG) received a delinquency notification from Nasdaq on November 20, 2024, due to failing to file its Annual Report (Form 20-F) for the fiscal year ended June 30, 2024, on time. This non-compliance with Nasdaq Listing Rule 5250(c)(1) gives the company 60 days to submit a compliance plan. If Nasdaq accepts the plan, BTOG may receive up to 180 days (until May 12, 2025) to file the Form 20-F. While this non-compliance doesn't immediately affect BTOG's Nasdaq listing or trading status, the company is working to complete and file the report promptly.
On June 26, 2024, Bit Origin (NASDAQ: BTOG), a crypto mining company, announced updates on its collaboration with Aethir, a decentralized GPU cloud provider. Aethir has raised nearly USD 150 million and recently issued its $ATH token, achieving a valuation of $2.6 billion. This partnership aims to bolster Aethir's AI and cloud gaming services. Bit Origin will act as Aethir's sales representative, planning to deploy Aethir devices in Singapore and Malaysia to drive growth. The collaboration highlights Bit Origin's commitment to leveraging cutting-edge technology to enhance its service offerings.
Bit Origin (NASDAQ: BTOG) has signed a strategic partnership to act as a sales representative for Aethir, a leading decentralized GPU cloud provider. This partnership aims to expand Aethir's market reach and aligns with Bit Origin’s goals to innovate in technology and blockchain sectors. Aethir, known for its enterprise-grade AI and gaming-focused GPU services, recently raised nearly USD150mn. Bit Origin also plans to acquire Aethir devices for deployment in Singapore or Malaysia. This collaboration is expected to enhance Bit Origin's offerings and drive growth for both companies.
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