business

Trump-Backed American Bitcoin Hits New Low Price Ahead of Reverse Stock Split

Decrypt · Jul 1, 2026, 6:53 PM · Also reported by 2 other sources

Bitcoin mining firm American Bitcoin fell to a new low price Wednesday, one day before executing a 1-for-15 reverse stock split.

Read full story on Decrypt → More top stories

Also covered by

Bloomberg Tech Musk Meme Traders Blaze Back Into Tesla When the Stock Hits $420 Yahoo Finance Alphabet Stock Price Prediction: The Forecast Points to 20% Upside

Aggregated and edited by the Scoop newsroom. We surface news from Decrypt alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

Trump-Backed American Bitcoin Hits New Low Price Ahead of Reverse Stock Split

Also covered by

More in business