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American Bitcoin Conducts Reverse Stock Split To Avoid Delisting
Key takeaways
- American Bitcoin is the Bitcoin (CRYPTO: $BTC) mining company co-founded by U.S.
- The company's shares are currently trading at $0.56 U.S. per share, having fallen 91% since going public last year.
- Ripple, The Company Behind XRP, Is Valued At $50 Billion
American Bitcoin Conducts Reverse Stock Split To Avoid Delisting Crypto Prowl Fri, July 3, 2026 at 8:49 PM GMT+7 2 min read BTC-USD ^IXIC HUT NDAQ ABTC American Bitcoin (NASDAQ: $ABTC) has conducted a controversial reverse stock split to avoid being delisted from the Nasdaq (NASDAQ: $NDAQ) exchange on which its shares trade.
American Bitcoin is the Bitcoin (CRYPTO: $BTC) mining company co-founded by U.S. President Donald Trump's son Eric and majority-owned by Canada's Hut 8 (NASDAQ: $HUT).
The company's shares are currently trading at $0.56 U.S. per share, having fallen 91% since going public last year.
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