Американський біткойн проводить зворотний розподіл акцій, щоб уникнути делістингу

American Bitcoin (NASDAQ: $ABTC) implemented a controversial reverse stock split to avoid delisting from Nasdaq. Co-founded by Eric Trump and majority-owned by Hut 8 (NASDAQ: $HUT), the mining company’s shares plummeted 91% since its IPO last year, currently trading at $0.56. Nasdaq requires companies to maintain a share price above $1, prompting the reverse split on July 2, which raised prices artificially. Post-split, ABTC shares are expected to trade at about $8.40 starting July 6. Despite this, investors generally view reverse splits negatively as they don’t address underlying company issues.

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