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American Bitcoin will execute a 1-for-15 reverse stock split after Thursday’s market close as the Trump family-backed miner works to restore compliance with Nasdaq’s $1 minimum bid rule. Split-adjusted trading will begin Monday under the existing ABTC ticker. The announcement followed a record-low close of $0.62 on Wednesday.
The restructuring will combine every 15 Class A and Class B common shares into one share. American Bitcoin expects its outstanding share count to fall from more than one billion to about 73 million. A reverse split raises the price attached to each share as fewer shares remain in circulation. Still, the transaction does not alter the company’s total market value at the time of consolidation.
Nasdaq requires listed companies to maintain a closing share price of at least $1. A stock that remains below that level for 30 consecutive trading days may face delisting unless the company corrects the deficiency.
American Bitcoin said the split aims to lift its share price above Nasdaq’s threshold and protect its exchange listing. Shareholders approved the proposal on June 22.
Investors pushed American Bitcoin shares down nearly 8.4% during Wednesday’s session. The stock closed at an all-time low of $0.62 before recovering slightly to about $0.65 after hours. The decline extended a difficult year for the company’s stock. Shares have lost more than 63% during 2026 and remain over 92% below their peak after the September 3 Nasdaq debut.
Reverse stock splits often appear among companies facing pressure from exchange requirements. In this case, the action addresses the minimum bid rule rather than changing American Bitcoin’s underlying valuation.
Can the higher post-split share price help the company preserve its listing while market pressure continues?
Read More: American Bitcoin Slides After Unlock Triggers Sharp Investor Sell-Off
Donald Trump Jr. and Eric Trump co-founded American Bitcoin early last year as the family expanded its involvement in digital assets. The company focuses on cryptocurrency mining and trades publicly on Nasdaq. American Bitcoin entered the public market through a merger with Gryphon Digital Mining, which already held a Nasdaq listing. The transaction gave the combined company access to public trading under the ABTC symbol.
After the merger, Donald Trump Jr., Eric Trump, and mining company Hut 8 collectively held about 98% of the business. That ownership left the founding group with dominant control.
American Bitcoin remains the only publicly traded cryptocurrency company directly connected to the Trump family’s digital asset ventures. Its Nasdaq status therefore links the family’s crypto expansion with public market requirements.
The company will keep the ABTC ticker after the reverse split. Trading will resume on a split-adjusted basis when markets open Monday.
American Bitcoin’s 1-for-15 reverse stock split aims to restore Nasdaq compliance after ABTC shares fell to record lows. The restructuring will reduce outstanding shares without changing the company’s market value. Investors should watch Monday’s split-adjusted trading for signs of improved stability and renewed market confidence.
