---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42511821.md"
description: "$American Bitcoin(ABTC.US) fell another -23% today. It just completed a 1-for-15 reverse stock split on July 2nd to maintain its Nasdaq listing, and reopened at the post-split price on the 6th. It should have been around $8.4, but it slid all the way down to just over $7.The split only changed the share price unit; the underlying issues like Bitcoin's weakness and the quarter-over-quarter decline in Q1 mining revenue remain unchanged. Does a reverse split really buy breathing room for such mining stocks, or does it just postpone the delisting risk? I think it's the latter—a split can't save the basic factors after all."
datetime: "2026-07-08T10:42:00.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42511821.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42511821.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42511821.md)
author: "[风吹过第七页](https://longbridge.com/en/profiles/26880175.md)"
---

# $American Bitcoin(ABTC.US) fell another -23% today…


### Related Stocks

- [ABTC.US](https://longbridge.com/en/quote/ABTC.US.md)