- Bit Origin Ltd (BTOG, Financial) has regained compliance with Nasdaq's minimum stockholders' equity requirement.
- The company met the $2.5 million equity standard as confirmed by Nasdaq on July 1, 2025.
- BTOG remains under Nasdaq monitoring and must maintain compliance in future filings to avoid possible delisting.
Bit Origin Ltd (BTOG), a company engaged in the crypto mining sector, has successfully regained compliance with Nasdaq's equity requirement by meeting the minimum stockholders' equity threshold of $2.5 million. This achievement was formally confirmed by Nasdaq on July 1, 2025, following an initial notification of non-compliance received on January 3, 2025.
To address the non-compliance, Bit Origin submitted a Form 6-K on June 30, 2025, demonstrating it meets the required stockholders' equity. Although the company now satisfies the Nasdaq equity standard, it remains under scrutiny and must maintain ongoing compliance in its next periodic filings to prevent potential delisting. In the event of a delisting warning, Bit Origin retains the right to appeal to a Nasdaq Hearings Panel.
Jinghai Jiang, the Chairman of the Board, CEO, and COO of Bit Origin, expressed satisfaction with the successful compliance and emphasized the company's focus on sustaining long-term growth and meeting all necessary listing requirements.
For further information about Bit Origin Ltd and its operations, please visit their official website at bitorigin.io.
