Bit Origin Regains Nasdaq Compliance After 14-Day $1.00 Bid Price Streak
Bit Origin’s Class A ordinary shares closed at or above $1.00 per share for 14 consecutive business days from January 20 to February 6, 2026, satisfying Nasdaq Listing Rule 5550(a)(2). The company had been non-compliant since a February 21, 2025 notice and has now closed the compliance matter.
1. Nasdaq Compliance Restored
Nasdaq staff confirmed that Bit Origin’s Class A ordinary shares achieved a closing bid price at or above $1.00 per share for 14 consecutive business days (January 20–February 6, 2026), satisfying the minimum bid price requirement under Rule 5550(a)(2) and closing the compliance matter.
2. History of Non-Compliance
The company received a non-compliance notice on February 21, 2025, after its shares failed to maintain the $1.00 minimum bid over a 30-day period. This triggered reporting obligations and a cure period during which the company needed to restore compliance or face potential delisting.
3. Strategic Actions and Implications
Bit Origin implemented a 1-for-60 reverse stock split effective January 20, 2026, and conducted targeted investor outreach to boost trading liquidity and share price. Management highlights the restored compliance as essential for maintaining listing status and market credibility.
4. Outlook for Shareholders
Maintaining Nasdaq listing supports Bit Origin’s long-term strategy around digital asset innovation and treasury initiatives. Shareholders should view the compliance restoration as reducing delisting risk, though ongoing price and volume performance will remain under scrutiny.