BIT ORIGIN Ltd

Sangrix Inc. is holding an Extraordinary General Meeting (EGM) on November 3, 2026, to vote on a 10-for-1 share consolidation. This action is intended to help the company maintain its listing on the Nasdaq Capital Market by increasing the bid price of its Class A Ordinary Shares. The company has previously undertaken two reverse stock splits/consolidations within the last year, and this new consolidation is proposed to avoid immediate delisting. Shareholders will also vote on amendments to the company's articles of association and the potential adjournment of the meeting.

SANGRIX INC. announced the completion of a share redemption program where investors returned 66,668 Class A ordinary shares in exchange for 30 million Dogecoin (DOGE), valued at $6,000,000. These shares were cancelled and returned to the company's authorized capital. This action effectively unwinds a private placement that occurred on August 11, 2025, where investors initially paid with DOGE. The company now has 1,881,935 Class A ordinary shares outstanding.

SANGRIX INC., formerly Bit Origin Ltd, announced the launch of its new corporate and investor relations website, a new corporate logo, and an updated investor relations email address. This rebranding effort underscores the company's strategic transition towards AI computing infrastructure, emphasizing GPU computing, server leasing, and related services. The new website and visual identity aim to provide a central resource for information about the company's business, leadership, and strategic direction, reinforcing its focus on powering intelligence through AI infrastructure.

BIT ORIGIN Ltd shareholders approved a 5-for-1 reverse stock split, effective August 21, 2026, at an Extraordinary General Meeting held on August 11, 2026. Shareholders also approved changing the company's name to SANGRIX INC. and increasing the authorized share capital. All proposals presented at the meeting were approved by shareholders.

Bit Origin Ltd highlighted the significant growth in the AI infrastructure market, with worldwide spending projected to reach $497 billion in 2026 and exceed $1 trillion by 2029. The company reaffirmed its strategy for deploying 16 NVIDIA Blackwell B300 AI servers in Malaysia, with deployment scheduled for Q3 2026. This initiative is supported by contracted customer demand and established hosting arrangements, leveraging Malaysia's expanding digital infrastructure market.

BIT ORIGIN Ltd. will hold an Extraordinary General Meeting on August 11, 2026, to vote on several key proposals. These include a 5-for-1 reverse stock split aimed at maintaining Nasdaq listing, a significant increase in authorized share capital from US$15,000 to US$60,000,000, and a change of the company name to "SANGRIX INC." The company previously executed a 60-for-1 reverse split in January 2026 and faces immediate delisting if it fails to meet Nasdaq's minimum bid price requirement.

Bit Origin Ltd provided an update on its initial deployment of 16 NVIDIA Blackwell B300 AI servers, confirming it remains on schedule for the third quarter of 2026 in Malaysia. The company highlighted robust industry growth projections, with worldwide AI infrastructure spending expected to reach US$497 billion in 2026 and exceed US$1 trillion by 2029. This deployment is supported by contracted customer demand and established hosting arrangements, with a five-year management agreement in place for coordination and commercialization.

Bit Origin Ltd (BTOG) has outlined its strategic priorities for fiscal 2027, including a proposed corporate name change to SANGRIX INC. The rebranding aims to align with the company's evolving focus on AI computing and digital infrastructure. The company is advancing the deployment of 16 NVIDIA Blackwell B300 AI servers, expected for delivery in Q3 2026 and deployment in Malaysia, to establish an initial recurring revenue base. The name change is subject to shareholder approval on August 11, 2026.

BIT ORIGIN Ltd will hold an Extraordinary General Meeting on August 11, 2026, to vote on several key proposals. These include changing the company name to "SANGRIX INC.", significantly increasing the authorized share capital from US$15,000 to US$60,000,000, and authorizing the Board to implement a share consolidation (reverse stock split) with an accumulative ratio of up to 4000:1. The reverse stock split is proposed to help the company maintain its listing on the Nasdaq Capital Market by meeting the minimum bid price requirement.

BIT ORIGIN Ltd is actively coordinating the deployment of acquired AI computing equipment and expects to provide operational updates. The company is also focused on strengthening its corporate governance, internal controls, and financial reporting processes, including preparing for its fiscal year 2026 annual audit. Additionally, Bit Origin is evaluating opportunities to enhance its Board of Directors and executive leadership team with experienced individuals to support its strategic initiatives and long-term growth.