STOCK TITAN

Bit Origin to trade as SANGRIX in AI pivot

Bit Origin is rebranding to SANGRIX INC. with ticker SGRX to reflect a strategic shift toward AI computing and digital infrastructure.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Bit Origin Ltd (BTOG) is rebranding as SANGRIX INC. after shareholders approved a special resolution at an extraordinary general meeting on August 21, 2026, authorizing a change of name and related filings in the Cayman Islands. Directors approved the name change and a new trading symbol on August 26, 2026.

Class A ordinary shares are expected to begin trading on the Nasdaq Capital Market under the new name and ticker “SANGRIX INC.” / “SGRX” when the market opens on September 4, 2026, with the CUSIP unchanged and no action required from existing shareholders. The company states that the SANGRIX identity is intended to align with a strategic transition toward AI computing and digital infrastructure, including a previously announced transaction involving sixteen NVIDIA Blackwell B300 AI servers and plans to evaluate GPU computing, server leasing, storage infrastructure and related services.

Positive

  • None.

Negative

  • None.

Filing Explained

The rebrand has shareholder and director approval, but the remaining Cayman Islands registration process is still underway; trading as SANGRIX/SGRX on September 4 is therefore an expected next step, not a completed change.

Extraordinary general meeting date August 21, 2026 Date shareholders approved the special resolution to change the company name
Board approval date August 26, 2026 Date directors approved the name change and ticker change to SGRX
Trading under SGRX begins September 4, 2026 Expected date Class A ordinary shares start trading as SANGRIX INC. / SGRX
NVIDIA Blackwell B300 AI servers 16 servers Previously announced AI server transaction the company is advancing
Exhibit number 99.1 Press release titled “Bit Origin Rebrands to SANGRIX as Part of AI Infrastructure Transition”
extraordinary general meeting regulatory
"At the extraordinary general meeting convened on August 21, 2026"
special resolution regulatory
"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.
AI computing infrastructure technical
"intended to align the Company’s corporate identity with its evolving focus on AI computing"
The hardware, software and network systems that power artificial intelligence workloads — including specialized processors, data storage, cooling, and the programs that run on them. Think of it as the kitchen, appliances and recipes a restaurant needs to prepare complex dishes: better infrastructure lets a company process large amounts of data faster, scale services more cheaply, and bring new AI products to market sooner, which can drive revenue growth or expose it to high capital and operational costs.
recurring revenue financial
"with an emphasis on identifiable customer demand, recurring revenue potential"
Revenue that a company expects to receive on a regular, predictable basis from ongoing sources such as subscriptions, service contracts, or repeat customer purchases. It matters to investors because it provides steadier cash flow and makes future earnings easier to forecast—like a landlord collecting monthly rent instead of one-off sales—supporting higher valuations and lower risk when those payments are reliable and customers tend to stay.
forward-looking statements regulatory
"This press release contains forward-looking statements regarding, among other matters"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

FAQ

What corporate change is Bit Origin Ltd (BTOG) announcing in this Form 6-K?

Bit Origin Ltd is rebranding to SANGRIX INC. after shareholders approved a special resolution on August 21, 2026 and directors subsequently approved the name change, aiming to align its identity with a focus on AI computing and digital infrastructure.

When will BTOG shares start trading under the new SGRX ticker?

The company states that its Class A ordinary shares will begin trading on the Nasdaq Capital Market under the new name SANGRIX INC. and ticker SGRX upon the market open on September 4, 2026; the CUSIP number will remain the same.

Do Bit Origin (soon SANGRIX) shareholders need to take any action for the name and ticker change?

No. The company states that no action is required from existing shareholders in connection with the corporate name change or the change of ticker symbol from BTOG to SGRX.

What strategic focus will SANGRIX INC. pursue after the rebranding?

The company indicates it is focusing on AI computing infrastructure and related digital infrastructure, including opportunities in GPU computing, server leasing, storage infrastructure and related services, with an emphasis on identifiable customer demand and recurring revenue potential.

Will Bit Origin’s corporate website change following the SANGRIX rebrand?

The company is planning a new corporate website to reflect the SANGRIX brand and provide updated strategic information, and expects to announce the website address and launch timing later. Until then, information remains available at www.bitorigin.io.

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

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Learn about SEC filing dates

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of September 2026

 

Commission File Number: 001-38857

 

SANGRIX INC. 

 

160 Robinson Road, 12 F,

SBF Center, Singapore 068914

T: 347-556-4747

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F x         Form 40-F ¨

 

 

 

 

At the extraordinary general meeting of shareholders (the “Meeting”), convened on August 21, 2026, the shareholders, by a special resolution, among other things, (a) approved a change of the name of the Company (the “Name Change”) from “BIT ORIGIN LTD” to “SANGRIX INC.”; and (b) authorized the directors of the Company to apply to the Registrar of Companies of the Cayman Islands for the Name Change; and that the directors be further authorized, at their sole discretion, to determine not to proceed with the change of name if, in their opinion, it is no longer desirable or in the best interests of the Company to do so within one year after the date of passing of these resolution.

 

On August 26, 2026, the directors approved the Name Change, and in connection with the Name Change, the directors 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.

 

Attached to this report as Exhibit 99.1 is a copy of the press release dated September 3, 2026, titled “Bit Origin Rebrands to SANGRIX as Part of AI Infrastructure Transition”.

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release - Bit Origin Rebrands to SANGRIX as Part of AI Infrastructure Transition

 

2

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: September 3, 2026 SANGRIX INC.
     
  By: /s/ Jinghai Jiang
  Name: Jinghai Jiang
  Title: Chief Executive Officer, Chief Operating Officer, and Chairman of the Board

 

3

 

 

Exhibit 99.1

 

 

 

Bit Origin Rebrands to SANGRIX as Part of AI Infrastructure Transition

 

SINGAPORE, September 3, 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

 

 

Filing Exhibits & Attachments

1 document