Bitcoin mining company Bit Origin receives an additional 180 days of compliance extension

Bitcoin mining company Bit Origin disclosed that after obtaining Nasdaq confirmation of meeting the relisting requirements, the company received another notice of listing, granting it an additional 180-day compliance extension and requiring the company's common stock to maintain a closing price of at least $1.00 per share for at least 10 consecutive working days during the compliance period. If Bit Origin fails to recomply with the regulations by February 16, 2026, Nasdaq will notify Bit Origin in writing that it will be delisted. The extended compliance period is based on the fact that the company has met all other continuing listing requirements in the Nasdaq market except for the stock price requirements, and the company has promised in writing that it will compensate for the defects by implementing reverse stock splits if necessary during the second compliance period.