BTC Digital Ltd. (NASDAQ: BTCT) received a notice from the Nasdaq Stock Market. The company failed to maintain a minimum bid price of $1.00 per share for 30 consecutive business days. This violates Nasdaq Listing Rule 5550(a)(2). Nasdaq sent the notification on August 27, 2026.
Nasdaq granted BTC Digital a 180-day compliance period. The company must resolve the issue by February 23, 2027. To regain compliance, shares must close at or above $1.00 for ten consecutive trading days. This notification does not immediately affect the company's listing.