American Bitcoin, the publicly traded crypto company backed by the Trump family, has set its 1-for-15 reverse stock split for next week as it aims to lift its share price to stay on the Nasdaq.

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.