American Bitcoin Executes 1-for-15 Reverse Split to Preserve Nasdaq Status

American Bitcoin, the crypto mining company backed by Donald Trump, has approved a 1-for-15 reverse stock split as part of an effort to retain its listing on the Nasdaq stock exchange.

The reverse split will consolidate the company's outstanding share count from approximately 1.09 billion shares down to roughly 73 million shares. The move is a standard mechanism used by publicly traded companies to artificially raise their per-share price and meet minimum share price requirements imposed by stock exchanges such as Nasdaq.

Nasdaq typically requires listed companies to maintain a minimum bid price of $1.00 per share. Failure to meet this threshold over a sustained period can result in a delisting notice, which would significantly limit investor access and reduce the company's visibility in public markets. A reverse stock split reduces the number of shares in circulation while proportionally increasing the price per share, without changing the overall market capitalization of the company.

American Bitcoin's decision to pursue a 1-for-15 ratio is among the more aggressive consolidation ratios seen in the sector, reflecting the degree to which the company's share price had declined. For every 15 shares previously held by an investor, that investor will now hold 1 share valued at 15 times the pre-split price.

The company has attracted attention in part due to its association with Donald Trump, which has positioned it as one of the more politically prominent names in the crypto mining industry. Despite that profile, the firm has faced sustained pressure on its stock price, prompting the current compliance-driven action.

No changes to the company's underlying assets, mining operations, or total market value are expected as a direct result of the reverse split. The adjustment is purely structural and is aimed at satisfying Nasdaq's continued listing standards.

American Bitcoin has not disclosed a specific effective date for the reverse split in the currently available information, though such actions are typically implemented within weeks of formal approval. Shareholders are not required to take any action, as the share consolidation is applied automatically across all holdings.