BTC Digital Reclaims Nasdaq Listing Compliance
BTC Digital Ltd., a Nasdaq-listed Bitcoin mining and digital infrastructure firm, has regained compliance with the exchange's minimum bid price requirement. This comes after a deficiency notice was issued on August 27, 2026, due to the company's ordinary shares closing below $1.00 for 30 consecutive business days.
The Singapore-based company met the required period and had its shares stay at or above $1.00 for a minimum of 10 consecutive business days, thus regaining compliance with Listing Rule 5550(a)(2).
This development removes a delisting overhang that was hanging over the company's ordinary shares, which could have triggered a delisting process if compliance had not been regained.