Bit Origin granted additional 180-day compliance period by Nasdaq.

Bit Origin Ltd has received an additional 180-day compliance period from Nasdaq to regain compliance with the minimum bid price requirement. The initial compliance period expired on August 20, 2025, and the new deadline is February 16, 2026. The company has met all other continued listing requirements except for the bid price requirement.

Bit Origin Ltd (NASDAQ: BTOG), an emerging growth company deploying blockchain technologies, has been granted a 180-day extension by Nasdaq to regain compliance with the minimum bid price requirement. The initial compliance period expired on August 20, 2025, and the new deadline is February 16, 2026. This extension follows the company's failure to maintain a closing bid price of at least $1.00 per share over the preceding 30 consecutive business days [1].

To maintain its Nasdaq Capital Market listing, Bit Origin must achieve a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days during the compliance period. The company has indicated that it may implement a reverse stock split if necessary to artificially raise its share price and meet the compliance requirement. This approach would mathematically increase the share price without changing the underlying market capitalization or fundamental value of the business [1].

The extension period represents the final standard grace period before potential delisting proceedings. If Bit Origin does not regain compliance by the deadline, it will face potential delisting but will retain the right to appeal to a Nasdaq Hearings Panel [1].

The company has met all other continued listing requirements except for the bid price requirement. This development signals serious concerns about Bit Origin's market performance, with extended periods below the minimum bid threshold typically reflecting negative investor sentiment or diminished confidence in a company's prospects [1].

Bit Origin has been actively deploying blockchain technologies alongside diversified expansion strategies. The company's latest extension provides breathing room to address its compliance issues and maintain its Nasdaq listing. However, the success of this effort hinges on the company's ability to achieve the required bid price within the extended period [1].

References:
[1] https://www.stocktitan.net/news/BTOG/bit-origin-receives-180-day-extension-from-nasdaq-to-regain-e0jc7klbiw40.html