American Bitcoin has announced a 1:15 reverse stock split. The company’s shares hit an all-time low in early July.
American Bitcoin, a bitcoin mining company closely tied to President Donald Trump’s family, has announced a reverse stock split. The move takes effect after the close of trading on July 2. Adjusted trading begins July 6 under the same ticker, ABTC.
The news sent shares down 8.4% to $0.62–a new all-time low. The stock is down more than 64% year-to-date and over 92% since its September 2025 listing.
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Why American Bitcoin Is Doing a Reverse Split and How It Works
The goal of a reverse split is to artificially boost the share price to meet Nasdaq’s $1 minimum bid requirement. Nasdaq can delist a company if its stock closes below $1 for 30 consecutive trading days. American Bitcoin has been trading below that threshold for an extended period.
The reverse consolidation will reduce outstanding shares from more than 1.09 billion to roughly 73 million. Shareholders approved the move at the annual meeting on June 22.
For investors, the reverse split signals that the company cannot organically maintain a price above $1, pointing to systemic problems. Reverse splits are generally viewed as a negative signal.
Read more: Investors Lost $2.3 Billion on Trump Crypto — Trump’s Family Allegedly Made the Same Amount
Reverse Splits Are a New Trend as Crypto Prices Fall
Other public mining and treasury companies are also under pressure from bitcoin’s decline. Bitcoin (BTC) has lost about 30% of its value since the start of the year. From its all-time high of $126K in October 2025, it’s down more than 50%. That’s squeezing miner margins and undermining confidence in companies with crypto-heavy balance sheets.
In May 2026, Nakamoto conducted a 1:40 reverse split after its shares had fallen to $0.14.
Against this backdrop, President Donald Trump disclosed he earned more than $1.4B from crypto businesses in 2025 and holds over $50M in bitcoin. Commenting on criticism, he said he doesn’t make personal investment decisions, leaving them to advisors.
Despite the stock drop, American Bitcoin continues to build reserves. The company holds 7,500 BTC▲$61,131.00, making it the 16th largest public bitcoin holder. However, it reported an $81.8M loss in the Q1, driven largely by unrealized losses from bitcoin impairment.
Learn more: Donald Trump Made $1.4B from His Own Crypto Holdings — What’s Next for Trump Crypto Profits?
