BIT ORIGIN Ltd (BTOG) Form 6-K — Jul 1, 2026
Bit Origin Ltd completed the strategic acquisition of sixteen NVIDIA Blackwell B300 AI servers for a total consideration of $1.0 million in cash and $10.0 million in equity. The company believes this transaction brings its stockholders' equity to at least $2.5 million, satisfying the requirement under Nasdaq Listing Rule 5550(b)(1) to maintain its listing. The acquired assets are expected to be delivered during the third quarter of 2026. Following deployment, the servers are intended to support the company's expansion into AI computing infrastructure operations.
Key figures
- Acquired servers count
- 16
- Stockholders equity min
- $2.5 million
- Purchase consideration cash
- $1.0 million
- Purchase consideration equity
- $10.0 million
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