Bit Origin Rebrands to SANGRIX as Part of AI Infrastructure Transition

Bit Origin will begin trading as SANGRIX with the new SGRX ticker as it pivots its business focus to AI computing infrastructure.

Rhea-AI Summary

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.

News Explained

The company says the Cayman Islands registration process remains underway even as its Class A shares are scheduled to begin trading as SGRX on September 4, 2026; the disclosure therefore establishes the market-symbol change as scheduled, not the legal name change as completed.

Market Context

AI-tagged news carried an average 24-hour move of -0.51% across three prior events. This announcemen...

Analysis

AI-tagged news carried an average 24-hour move of -0.51% across three prior events. This announcement was primarily identity-related; deployment and commercial execution remained key factors, with no operating metrics disclosed.

Key Figures

Shareholder approval date: August 21, 2026 Director approval date: August 26, 2026 New trading start date: September 4, 2026 +1 more

4 metrics

Shareholder approval date August 21, 2026 Special resolution approving the name change

Director approval date August 26, 2026 Name and trading-symbol change

New trading start date September 4, 2026 SANGRIX INC. and SGRX begin trading on Nasdaq

AI server transaction sixteen NVIDIA Blackwell B300 AI servers Previously announced transaction

Previous AI Reports

3 past events · Latest: Aug 05 (Positive)

Same Type Pattern 3 events

Date	Event	Sentiment	24h Move	Catalyst
Aug 05	AI infrastructure update	Positive	+0.8%	Outlined commercialization plans for sixteen NVIDIA Blackwell B300 AI servers
Jul 09	AI strategy update	Positive	+3.6%	Updated AI execution, governance, controls and annual audit preparations
Apr 16	AI strategic financing	Negative	-6.0%	Secured financing to explore AI computing and data center services

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

Pattern Detected

The three tag-specific AI events produced mixed reactions, with an average 24-hour move of -0.51%.

Key Terms

cusip, special resolution, gpu computing

3 terms

cusip financial

"The CUSIP number of the Company’s Class A ordinary shares will remain the same."

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

special resolution regulatory

"the Company’s shareholders approved, by special resolution, the proposed change"

A special resolution is a formal shareholder vote that requires a higher-than-normal majority—typically around three-quarters—to approve major corporate changes, such as altering the company’s governing rules, selling the business, or winding it up. It matters to investors because it signals decisive, potentially value-altering actions that cannot be passed by a simple majority; think of it as needing extra votes to change the rules of a club, so minority interests are harder to override.

gpu computing technical

"opportunities involving GPU computing, server leasing, storage infrastructure"

GPU computing is using graphics processing units—chips originally made to render images—to perform general-purpose calculations that benefit from doing many tasks at once. Think of it like replacing one fast chef with a kitchen full of line cooks who can each handle a small, similar task simultaneously; for investors, GPU computing matters because it can greatly speed up workloads such as machine learning, simulations, and large-scale data processing, which influences product capability, operating costs, and competitive position.

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, Sept. 03, 2026 (GLOBE NEWSWIRE) -- Bit Origin Ltd (NASDAQ: BTOG) (the “Company”) today announced the corporate rebranding to SANGRIX INC., an initiative intended to align the Company’s corporate identity with its evolving focus on AI computing and digital infrastructure.

At the extraordinary general meeting convened on August 21, 2026, the Company’s shareholders approved, by special resolution, the proposed change of the Company’s name from “BIT ORIGIN LTD” to “SANGRIX INC.” and authorized the directors to apply to the Registrar of Companies of the Cayman Islands for the name change. On August 26, 2026, the directors approved the name change and, in connection with the name change, approved changing the trading symbol for the Company’s Class A ordinary shares from “BTOG” to “SGRX.”

Upon the opening of the market on September 4, 2026, the Company’s Class A ordinary shares will begin trading on the Nasdaq Capital Market under the new name “SANGRIX INC.” and new symbol “SGRX.” The CUSIP number of the Company’s Class A ordinary shares will remain the same. No action is required from existing shareholders in connection with the name or ticker symbol change.

The proposed SANGRIX identity is intended to reflect the Company’s strategic transition toward AI computing infrastructure and its focus on developing a corporate platform around advanced computing and related digital infrastructure services.

As part of this transition, the Company remains focused on advancing its previously announced transaction involving sixteen NVIDIA Blackwell B300 AI servers. The Company also intends to evaluate and selectively pursue opportunities involving GPU computing, server leasing, storage infrastructure and related digital infrastructure services, with an emphasis on identifiable customer demand, recurring revenue potential and commercially reasonable operating arrangements.

The Company is also planning a new corporate website that will reflect the SANGRIX brand and provide investors and other stakeholders with updated information regarding the Company’s strategy, operations and corporate developments. The Company expects to announce the website address and launch timing when available. Until then, information regarding the Company will remain available at www.bitorigin.io.

“The proposed SANGRIX name represents an important step in aligning our corporate identity with the direction in which we are building the Company,” said Jinghai Jiang, Chairman and Chief Executive Officer of Bit Origin. “We are continuing the remaining Cayman Islands registration process while advancing our transition toward AI computing infrastructure. We believe the SANGRIX identity and planned new corporate website will provide a clearer platform for communicating our strategy and business development to investors and stakeholders.”

About Bit Origin Ltd

Bit Origin Ltd (NASDAQ: BTOG) which intends to operate under the new corporate name SANGRIX INC., is a company focused on AI computing infrastructure and related digital infrastructure opportunities. The Company is evaluating and pursuing opportunities involving GPU computing, server leasing, storage infrastructure and related services, while continuing to manage its existing digital assets and legacy operations.

For more information, please visit www.bitorigin.io.

Forward-Looking Statements

This press release contains forward-looking statements regarding, among other matters, the proposed corporate name change and its registration by the Registrar of Companies of the Cayman Islands; the expected commencement of trading under the new corporate name and ticker symbol; the planned launch of a new corporate website; the Company’s business transition and strategy; the expected delivery, deployment and operation of AI computing equipment; the development of recurring revenue; and the evaluation and pursuit of future business opportunities.

Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including delays in or failure to complete the Cayman Islands registration process; changes in the anticipated trading date; supplier performance; delivery, deployment and data center readiness; customer demand and counterparty performance; financing availability; market conditions; the Company’s ability to successfully implement its business transition; and other risks described in the Company’s filings with the U.S. Securities and Exchange Commission.

Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statement except as required by applicable law.

Company Contact

Bit Origin Ltd
Mr. Jinghai Jiang
Chairman and Chief Executive Officer
Email: ir@bitorigin.io

FAQ

What did Bit Origin (BTOG) announce about its rebranding to SANGRIX?

Bit Origin announced a corporate rebranding to SANGRIX INC., including changing its Nasdaq trading symbol from BTOG to SGRX. The move is intended to align its corporate identity with a focus on AI computing and digital infrastructure.

When will Bit Origin shares start trading under the SGRX ticker on Nasdaq?

Bit Origin’s Class A ordinary shares will begin trading on the Nasdaq Capital Market under the new name SANGRIX INC. and symbol SGRX upon the opening of the market on September 4, 2026.

Do Bit Origin (BTOG) shareholders need to take any action for the SANGRIX and SGRX change?

No action is required from existing shareholders in connection with the change of the company’s name to SANGRIX INC. and the ticker symbol change from BTOG to SGRX. The CUSIP number for the Class A ordinary shares will remain the same.

How does the SANGRIX rebranding relate to Bit Origin’s AI infrastructure strategy?

The SANGRIX identity is intended to reflect a strategic transition toward AI computing infrastructure and related digital infrastructure services. The company remains focused on a previously announced transaction involving sixteen NVIDIA Blackwell B300 AI servers and plans to pursue GPU computing, server leasing and storage opportunities.

What new business opportunities is SANGRIX (currently Bit Origin, BTOG) planning to pursue?

The company intends to evaluate and selectively pursue opportunities in GPU computing, server leasing, storage infrastructure and related digital infrastructure services. It emphasizes opportunities with identifiable customer demand, recurring revenue potential and commercially reasonable operating arrangements.

Where can investors find information on SANGRIX’s strategy and operations after the rebrand?

The company is planning a new corporate website reflecting the SANGRIX brand to provide updated information on strategy, operations and corporate developments. Until the new site is announced and launched, information remains available at www.bitorigin.io.