Trump-led American Bitcoin resorts to reverse stock split to escape Nasdaq delisting
American Bitcoin Corp. (NASDAQ: ABTC) has announced it is conducting a reverse stock split, which will be effective July 2, 2026. The Trump-backed firm effectively entered crisis management mode to avoid getting delisted from Nasdaq after its shares fell below the admittance threshold. The firm joins a growing list of publicly traded Bitcoin treasury companies...
- Read at Cryptopolitan
- Wed, 01 Jul 2026 20:30:41 +0000