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American Bitcoin Sets 1-for-15 Reverse Split to Keep Nasdaq Listing

2026-07-03 00:12:49

Abstract generation in progress

American Bitcoin said on Wednesday it would implement a 1-for-15 reverse stock split next week to maintain Nasdaq's $1 minimum bid compliance. The split would reduce outstanding shares from roughly 1.09 billion to around 73 million and keep the ABTC ticker. The Block's crypto equities price page showed ABTC fell to around $0.64 on Wednesday and is down more than 64% year-to-date.

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