Nasdaq Closes Deficiency Case Against BTC Digital After Minimum Bid Price Rule Met

Nasdaq has closed its deficiency case against BTC Digital after the company met the minimum bid price rule ahead of schedule. The company's ordinary shares had closed below $1.00 for 30 consecutive business days, triggering a Nasdaq deficiency notice on August 27, 2026.

The notice gave BTC Digital until February 23, 2027 to regain compliance by maintaining a closing bid price of at least $1.00 for 10 consecutive business days. However, the company met this requirement on September 3, 2026, and Nasdaq confirmed that it had regained compliance.

The company's shares have reacted positively to the news, gaining 1.69% in the aftermath of the announcement.