American Bitcoin fell to $0.61 ahead of 1-for-15 split

American Bitcoin shares fell to $0.61 ahead of the 1-for-15 reverse split the company will carry out on July 2, 2026, to avoid losing its Nasdaq listing. This hits small investors and those who held ABTC after the company went public in September 2025.

According to TradingView, on July 1, 2026, the stock hit a new all-time low. The decline over the year exceeded 85%, and a press study we had already referred to earlier said investors’ total losses were around $500 million. After the consolidation, 15 old shares will become 1 new share, and fractional shares will simply be paid out in cash.

Why is the company doing a reverse split?

The reason is simple. Nasdaq requires the share price not to fall below the minimum threshold, and that is exactly what American Bitcoin is trying to fix. The board of directors approved an amendment to the charter at the end of June that allowed a range from 1-for-5 to 1-for-40, but in the end they settled on 1-for-15.

After the split, the number of shares outstanding will fall from about 1.09 billion to around 73 million. This does not bring the business any new money and does not change the owner’s actual stake, but it makes the quoted price higher on paper. That is why such moves are often seen as a technical attempt to stay listed rather than a sign of company strength. Against this backdrop, it is also important to look at the operating figures, because they explain why the market is so nervous.

Market reaction

As of July 2, 2026, 16:43 UTC, ABTC was trading at $0.60. The intraday range was $0.60-$0.6696, trading volume reached 30.11 million shares, and the market capitalization was $610.7 million. This is no longer just a weak day. It is a level at which any company news is read through the lens of risk.

According to StockTitan, after the consolidation the shares are expected to begin trading on a reverse-split-adjusted basis on July 6, 2026, on the Nasdaq Capital Market under the ticker ABTC, but with a new CUSIP 02462A 203.

There is another important detail. According to MarketBeat on July 2, 2026, the consensus among 4 analysts on ABTC is: 1 Sell, 1 Hold, and 2 Buy, while the average 12-month target is $4.00. At the same time, Weiss Ratings confirmed a Sell rating (D) on June 24. In other words, the picture is not unanimous, but skepticism is noticeable.

• the share price fell to $0.61, and then to $0.60;

• the decline over the year exceeded 85%;

• the reverse split was approved in a 1-for-15 format;

• the number of shares will fall from 1.09 billion to around 73 million;

• trading volume on July 2 reached 30.11 million shares;

• market capitalization stood at $610.7 million.

What does this mean for investors?

For ABTC holders, the main question is not whether the nominal price will be higher after July 2. The key issue is whether the company can prove that its business model works without constant pressure on the share price. The numbers here are mixed. In Q1 2026, American Bitcoin generated $62.118 million in mining revenue, but posted a $81.792 million net loss, and the biggest hit came from a $117.188 million loss from the fair value revaluation of digital assets.

At the same time, the company’s balance sheet is not empty. As of March 31, 2026, it held 7,021 BTC with a fair value of $478.989 million, of which 3,090 BTC were pledged to Bitmain and 3,931 BTC remained a strategic reserve. In Q1 2026, the company also mined 817 BTC, and mining cost fell to about $36,200 per BTC from $46,900 in Q4 2025. That is why ABTC’s story is now read in two lines: on one hand, there are large Bitcoin holdings and revenue; on the other, there is a loss and a very weak stock price.

For Ukrainian investors, there is a practical takeaway here. A reverse split does not cure a business by itself. If the company continues to post losses and remains highly sensitive to the Bitcoin price, then the technical split does not remove the risk. It simply becomes less visible in the quote.

Frequently asked questions

What is the reverse split of American Bitcoin shares?

It is the consolidation of 15 old shares into 1 new one. After that, fractional shares will be paid out in cash, and the total number of shares outstanding will fall from about 1.09 billion to around 73 million.

When will ABTC start trading after the reverse split?

According to the company, adjusted for the split, the shares are expected to begin trading on July 6, 2026, on the Nasdaq Capital Market. The ticker will remain ABTC, but the CUSIP will change to 02462A 203.

Why are investors nervous ahead of this decision?

Because the stock has already fallen to $0.61, and the annual decline exceeded 85%. Added to that are the $81.792 million net loss in Q1 2026 and earlier estimates of investor losses at around $500 million.

The American Bitcoin story is now simple and harsh: an exchange listing, a technical split, a weak price, and big questions about profitability. If you need to quickly convert crypto assets into hryvnia, you can sell Bitcoin on Monobank without extra steps or long waits.

This material is not financial advice. Cryptocurrency trading involves significant risks. Part of this text was prepared with the help of artificial intelligence based on public sources and reviewed by our editorial team.