12:59 PM EDT, 08/29/2025 (MT Newswires) -- Bit Origin ( BTOG ) said Friday it was granted a 180-day extension from Nasdaq to regain compliance with the stock exchange's minimum bid price requirement for continued listing.

The company said the new deadline to meet the requirement is Feb. 16, 2026, after the initial compliance period expired on Aug. 20.

The extension was granted based on its compliance with all other continued listing requirements, as well as the written notice of its plan to launch a reverse stock split, if necessary.

To regain compliance, Bit Origin's ( BTOG ) ordinary shares must maintain a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days during the compliance period, the company said.

Shares of Bit Origin ( BTOG ) were down 3.6% in recent trading.

Price: 0.41, Change: -0.02, Percent Change: -3.55