Bit Origin Ltd (NASDAQ: BTOG), an emerging growth company in the crypto mining business, announced today that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). This is good news for investors who were worried about the company’s listing on the Nasdaq Capital Market.

To regain compliance, Bit Origin’s ordinary shares had a closing bid price at or above $1.00 per share for 11 consecutive business days. This demonstrates the company’s stability and potential for growth. The Nasdaq Listing Qualifications Department has officially closed the deficiency case, signaling that Bit Origin meets the requirements for continued listing on the Nasdaq Capital Market.

Bit Origin Ltd, formerly known as China Xiangtai Food Co., Ltd., is an emerging growth company operating in the United States and engaged in the cryptocurrency mining business. The company is also actively deploying blockchain technologies alongside diversified expansion strategies. This combination of crypto mining and blockchain technologies positions Bit Origin for success in the rapidly evolving tech industry.

Investors should note that this announcement contains forward-looking statements and that actual results may differ materially from the anticipated results. However, the company believes that its expectations are reasonable and will update shareholders accordingly.

For more information, please visit Bit Origin’s website at