Bit Origin Soars 15.98% on Nasdaq Compliance

On July 4, 2025, Bit Origin's stock surged by 15.98% in pre-market trading, marking a significant rise in its share price.

Bit Origin Ltd has successfully regained compliance with Nasdaq's equity standard, which requires listed companies to maintain a minimum of $2.5 million in stockholders' equity. This achievement comes after the company was notified of its non-compliance with continued listing standards on January 3, 2025. The company submitted the necessary documentation on June 30, 2025, demonstrating that it met the required equity threshold. This compliance is crucial for the company's continued listing on Nasdaq, as it ensures that Bit Origin meets the financial health requirements set by the exchange.

Despite regaining compliance, Bit Origin remains subject to ongoing monitoring by Nasdaq. The company must continue to demonstrate compliance in its next periodic filing to avoid potential delisting. Should Nasdaq determine that the company fails to meet the requirements, Bit Origin would have the right to appeal the decision to a Nasdaq Hearings Panel. This ongoing scrutiny underscores the importance of maintaining strong financial health and compliance with listing standards for publicly traded companies.

Jinghai Jiang, Chairman of the Board, CEO, and COO of Bit Origin, expressed satisfaction with the company's ability to regain compliance. He emphasized the company's focus on long-term growth and its commitment to fulfilling all listing requirements. This statement reflects Bit Origin's dedication to maintaining its position as a compliant and financially stable company in the cryptocurrency mining industry.