The Block (@TheBlockCo): THE BLOCK: Trump-backed American Bitcoin said it will implement a 1-for-15 reverse stock split on July 6 as it seeks to maintain its Nasdaq listing.
Estimated coin impact
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THE BLOCK: Trump-backed American Bitcoin said it will implement a 1-for-15 reverse stock split on July 6 as it seeks to maintain its Nasdaq listing. ABTC has fallen more than 63% year-to-date and hit a fresh all-time low of $0.65 on Wednesday.