Sunday, August 3, 2025
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Blockchain

Bit Origin Ltd Announces Court Hearing on June 5, 2025, for Share Capital Reduction

May 17, 2025
in Blockchain, Cryptocurrencies, GlobeNewswire, Web3
Reading Time: 5 mins read
5
SHARES
245
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

NEW YORK, May 16, 2025 (GLOBE NEWSWIRE) — Bit Origin Ltd (NASDAQ: BTOG) (“Bit Origin” or the “Company”), an emerging growth company engaged in the crypto mining business with diversified expansion strategies, today announced that a court hearing will be held at 10:00 a.m. on June 5, 2025, before the Grand Court of the Cayman Islands to consider the confirmation of its proposed share capital reduction.

As previously disclosed on the report on Form 6-K filed with the Securities and Exchange Commission on March 18, 2025, the Company approved, by a special resolution on March 14, 2025, subject to the confirmation by the Grand Court of the Cayman Islands, the par value of each authorized share in the capital of the Company (including all issued shares) to reduce from US$0.30 to US$0.000001 (the “Share Capital Reduction”), such that following the Share Capital Reduction, the authorized share capital of the Company shall be US$500, divided into 500,000,000 shares of par value US$0.000001 each, comprising of 475,000,000 Class A Ordinary Shares of par value US$0.000001 each and 25,000,000 Class B Ordinary Shares of par value US$0.000001 each.

On May 1, 2025, the Company presented a petition (the “Petition”) to the Grand Court of the Cayman Islands for confirmation of the Share Capital Reduction.

The Petition is directed to be heard before a Judge in the Grand Court of the Cayman Islands at 10:00 a.m. on June 5, 2025.

Any creditor or shareholder of the Company desiring to oppose the making of an order for the confirmation of the Share Capital Reduction shall provide notice to Mourant Ozannes (Cayman) LLP, the Attorneys-at-Law for the Company that they intend to appear at the hearing in person or by counsel at least 24 hours prior to the hearing, by June 4, 2025.

A copy of the Petition will be furnished to any such person requiring the same by written request to Mourant Ozannes (Cayman) LLP as follows on payment of the regulated charge for the same.

94 Solaris Avenue, Camana Bay, P.O. Box 1348

Grand Cayman, KY1-1108, Cayman Islands

Contact:

nicholas.fox@mourant.com

adam.barrie@mourant.com

About Bit Origin Ltd

Bit Origin Ltd, formerly known as China Xiangtai Food Co., Ltd., is an emerging growth company operating in the United States and engaged in the cryptocurrency mining business. The Company is also actively deploying blockchain technologies alongside diversified expansion strategies. For more information, please visit https://bitorigin.io.

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.

Company Contact

Bit Origin Ltd
Mr. Jiang Jinghai, Chairman of the Board, CEO and COO
Email: ir@bitorigin.io 

To keep updated on Bit Origin’s news releases and SEC filings, please subscribe to email alerts at https://bitorigin.io/contact 

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.

ShareTweet1ShareSendShare2
Previous Post

Port of Victoria Joins Texas Nuclear Alliance as a Founding Member

Next Post

DOGE Price Prediction: How to Earn a Stable Income Every Day with SAVVY MINING.

Related Posts

Coinstrend Officially Announces the Launch of Its Next-Gen Crypto Exchange

Coinstrend is a global cryptocurrency exchange- built for speed, security, and Profitability. Coinstrend is one of the easiest and safest platforms for crypto trading. The platform is a one-stop solution for all crypto traders. LONDON, UK, August 02, 2025 /24-7PressRelease/ -- Coinstrend is a global cryptocurrency exchange. It is designed...

Read moreDetails

TrimIQ Weight Loss: Official launched in UK and Ireland With Green Tea Probiotic Complex

New York City, NY, Aug. 02, 2025 (GLOBE NEWSWIRE) -- TrimIQ UK, a pioneering health and wellness brand, proudly announces the launch of its ground-breaking weight management solution, TrimIQ. Designed to empower individuals to achieve their health goals through science-backed, sustainable methods, TrimIQ is set to redefine the landscape of...

Read moreDetails

Free Spins No Deposit Bonus Casino | Online Real Money Casino No Deposit By Wild Casino

New York City, NY, Aug. 02, 2025 (GLOBE NEWSWIRE) -- Free spins at no deposit casinos are changing how people experience online slots. You can win real money without spending anything up front. No credit card. No deposit. Just sign up, spin, and play. A no deposit bonus gives new...

Read moreDetails

Arialief for Neuropathy Supplement: Official Launch of a New Hope for Sciatic Nerve Discomfort Relief

New York City, NY, Aug. 02, 2025 (GLOBE NEWSWIRE) -- Arialief: A New Approach to Managing Sciatic Nerve Discomfort  In 2025, a new player has entered the realm of nerve health supplements: Arialief, a dietary supplement designed to address sciatic nerve discomfort. With an increasing number of individuals seeking natural...

Read moreDetails

Audizen Drops Officially Launched: Natural Tinnitus Support Inspired by Audifort

New York City, NY, Aug. 02, 2025 (GLOBE NEWSWIRE) -- Audizen Drops’ Official Launch: A Science-Backed Solution for Sciatic Nerve Discomfort - Audizen for Neuropathy In 2025, a new contender has emerged in the realm of nerve health supplements: Audizen Drops, a liquid dietary supplement designed to address sciatic nerve...

Read moreDetails

Stop Holding XRP, IPI TECHNICAL LTD Launches the First ANICrypto Yield Platform with AI-Powered Daily Returns

As Ripple’s XRP ecosystem continues to expand rapidly worldwide, ANICrypto proudly announces a breakthrough in decentralized yield solutions: the launch of the first XRP-exclusive yield contracts. These flexible short-term contracts are accessible via desktop and mobile platforms, enabling users to remotely earn XRP and receive daily rewards—with no hardware, technical...

Read moreDetails

Flood Warning System Market SWOT Analysis by Key Players | High Sierra Electronics, Campbell Scientific, Senix Corporation

Flood Warning System Market Global Flood Warning System Market, Outlook, and Forecast 2024-2032 is the latest research study released by "MarketIntellix" evaluating the market risk side analysis, highlighting opportunities, and leveraging with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and...

Read moreDetails

TwentyOneVC Redefines Retail Investing with Advanced Tools for Smarter Financial Decisions

LONDON, Aug. 02, 2025 (GLOBE NEWSWIRE) -- TwentyOneVC, a financial business, has launched a new suite of trading tools to assist individual investors in making smarter financial decisions. The updates provide a more transparent market view, enhanced access to trading, and enhanced risk management to users who trade in forex,...

Read moreDetails

LET Mining launches XRP cloudmining mobile app, opening up new ways to earn money with XRP

You can operate it with your mobile phone, no technical threshold, and the income is automatically distributed.LET Mining's newly launched mobile cloudmining app is open to global users for download, supporting multi-language interface and multi-chain asset recharge. Users can use XRP to purchase computing power contracts with just a few...

Read moreDetails

Trusted XRP cloudmining platform – RICH Miner converts your XRP into stable daily profits

Simply "holding" cryptocurrencies is no longer enough to maximize the value of your assets. Whether it's BTC, XRP, SOL, USDC, or other major cryptocurrencies, simply sitting in your wallet, waiting for them to appreciate, means you're missing out on their opportunity to generate cash flow. Now, RICH Miner, the world's...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    85 shares
    Share 34 Tweet 21
  • Top Cross-Chain DeFi Solutions to Watch by 2025

    47 shares
    Share 19 Tweet 12
  • Discover 2025’s Top 5 Promising Low-Cap Crypto Gems

    65 shares
    Share 26 Tweet 16
  • Top 5 Wallets for Seamless Multi-Chain Trading in 2025

    43 shares
    Share 17 Tweet 11
  • Discover the Best Metaverse Crypto Projects and Virtual Worlds 2025

    44 shares
    Share 18 Tweet 11
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

Web 3.0 and AI Summit 2025

2025-09-11
Frankfurt
Summit

Latest on Web3Wire

  • Global Leaders in Solar Energy Infrastructure and Noise Protection Join Forces
  • Coinstrend Officially Announces the Launch of Its Next-Gen Crypto Exchange
  • TrimIQ Weight Loss: Official launched in UK and Ireland With Green Tea Probiotic Complex
  • Free Spins No Deposit Bonus Casino | Online Real Money Casino No Deposit By Wild Casino
  • Arialief for Neuropathy Supplement: Official Launch of a New Hope for Sciatic Nerve Discomfort Relief

RSS Latest on Block3Wire

  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age
  • Cathedra Bitcoin Announces Leasing of 2.5-MW Bitcoin Mining Facility
  • Global Web3 Payments Leader, Banxa, Announces Integration With Metis to Usher In Next Wave of Cryptocurrency Users
  • Dexalot Launches First Hybrid DeFi Subnet on Avalanche

RSS Latest on Meta3Wire

  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
  • MetatronAI.com Unveils Revolutionary AI-Chat Features and Interface Upgrades
  • Purely.website – Disruptive new platform combats rising web hosting costs
  • WEMADE and Metagravity Sign Strategic Alliance MOU to Collaborate on Blockchain Games for the Metaverse
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Whitepaper | Tokenomics

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Media Portfolio: Block3Wire | Meta3Wire

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!
Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.