-+ 0.00%
-+ 0.00%
-+ 0.00%
Bit Origin settles $100,000 CEO pay debt with 56,180 Class B shares at $1.78 each
Share
Listen to the news
Bit Origin settles $100,000 CEO pay debt with 56,180 Class B shares at $1.78 each
  • Bit Origin will issue 56,180 Class B ordinary shares to settle USD 100,000 of accrued, unpaid CEO compensation for fiscal 2026 and 2025.
  • Shares were valued at USD 1.78 each, based on the prior trading day’s close for the company’s Class A ordinary shares.
  • The issuance will cancel the debt in full under a June 11, 2026 debt settlement and mutual release agreement with CEO Jinghai Jiang.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bit Origin Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-072962), on June 11, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending