American Bitcoin Sets 1-for-15 Reverse Split as ABTC Hits New Low

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American Bitcoin Corp. will execute a 1-for-15 reverse stock split on July 2 to help meet Nasdaq's minimum bid price rule. Yahoo Finance data showed ABTC touched $0.6122 on Wednesday, its lowest price to date. The stock was recently down more than 41% in the last month and nearly 86% in the last year.
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