American Bitcoin's reverse split will reduce outstanding shares from roughly 1.09 billion to about 73 million.

American Bitcoin (Nasdaq: ABTC) will implement a 1-for-15 reverse stock split effective July 2, reducing its outstanding shares to about 73 million ahead of reverse split-adjusted…

Bitcoin mining firm American Bitcoin fell to a new low price Wednesday, one day before executing a 1-for-15 reverse stock split.