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American Bitcoin Reverse Split Reduces Shares to 73M at 1-for-15 Ratio on July 2

2026-07-01 18:47:41

American Bitcoin's 1-for-15 reverse stock split takes effect at 5 p.m. on July 2, 2026. The Nasdaq-listed miner (ticker: ABTC) will see shares outstanding drop from approximately 1.09 billion to about 73 million, comprising roughly 24 million Class A shares and 49 million Class B shares. Trading will resume on a split-adjusted basis on July 6 under a new CUSIP number, 02462A 203. The company cited Nasdaq's minimum bid price requirement as the primary reason for the move, with stockholders approving the split at the annual meeting on June 22.

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