NewsNovo
American Bitcoin, the Trump-backed mining company, is executing a 1-for-15 reverse stock split to stay listed on the Nasdaq — a procedural move that slashes outstanding shares from roughly 1.09 billion to about 73 million without changing anything fundamental about the business.
What a Reverse Split Actually Does A reverse split is share-count arithmetic, not a business improvement.
Shareholders receive one new share for every fifteen they hold; the price per share rises proportionally to offset the consolidation, leaving total market value unchanged.
The sole practical effect that matters here is the one Nasdaq cares about: a higher nominal share price that clears the exchange's minimum listing requirements.
Keep reading