Bit Origin Announces Completion of Share Capital Reduction
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 04 2025
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Source: Globenewswire
Share Capital Reduction Announcement: Bit Origin Ltd has completed a reduction of its issued share capital, lowering the par value of each share from US$0.30 to US$0.000001, following approval from shareholders and the Grand Court of the Cayman Islands.
Future Corporate Flexibility: The Chairman, Mr. Jinghai Jiang, stated that this successful capital reduction enhances the company's flexibility for future corporate actions, including potential capital raises and strategic transactions aimed at increasing long-term shareholder value.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
