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Bit Origin Ltd Seeks Court Approval for Share Capital Reduction

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China Xiangtai Food Co ( (BTOG) ) has shared an update.

On May 1, 2025, Bit Origin Ltd presented a petition to the Grand Court of the Cayman Islands to confirm a significant reduction in the par value of its shares, from US$0.30 to US$0.000001. This move, pending court approval on June 5, 2025, aims to restructure the company’s share capital, potentially impacting its financial strategy and stakeholder interests.

More about China Xiangtai Food Co

Bit Origin Ltd, formerly known as China Xiangtai Food Co., Ltd., is an emerging growth company operating in the United States, engaged in the cryptocurrency mining business. The company is actively deploying blockchain technologies and pursuing diversified expansion strategies.

Average Trading Volume: 42,671,809

Technical Sentiment Signal: Sell

Current Market Cap: $1.59M

For detailed information about BTOG stock, go to TipRanks’ Stock Analysis page.

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