pursue a reverse stock split to comply, amid growing institutional Bitcoin adoption. Nasdaq's $1 minimum bid-price rule requires stocks to close [...]

ZOOZ Bitcoin Treasury Risks Nasdaq Delisting Amid Share Price Warning
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ZOOZ Strategy, a Bitcoin treasury firm, received a Nasdaq notice for failing to maintain a $1 minimum bid price, risking delisting if not regained within 180 days. The company holds 1,036 BTC and may pursue a reverse stock split to comply, amid growing institutional Bitcoin adoption. Nasdaq's $1 minimum bid-price rule requires stocks to close [...]