Bit Origin Acquires 16 NVIDIA B300 AI Servers in US$11M Deal
BTOG•Bit Origin acquired 16 NVIDIA Blackwell B300 AI servers for US$1 million cash and US$10 million equity, raising stockholders’ equity to at least US$2.5 million and meeting Nasdaq equity requirements. Delivery is scheduled for Q3 2026 to support its planned AI computing infrastructure and strengthen strategic and financial positions.
1. Acquisition Details
Bit Origin completed the purchase of sixteen NVIDIA Blackwell B300 AI servers on June 28, 2026, for US$1.0 million in cash and US$10.0 million in equity, securing contractual rights to expand its AI computing infrastructure assets.
2. Balance Sheet Impact
The transaction boosts the company’s stockholders’ equity to at least US$2.5 million as of June 30, surpassing the minimum threshold under Nasdaq Listing Rule 5550(b)(1) and ensuring continued compliance with listing requirements.
3. Delivery and Strategic Outlook
The servers are expected to arrive in Q3 2026 and will be deployed to support Bit Origin’s planned AI computing operations, advancing its strategic expansion into high-performance computing while enhancing financial flexibility.
