American Bitcoin Corp approved a 1-for-15 reverse stock split, cutting shares from 1.09 billion to 73 million as stock traded near Nasdaq's delisting

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.