{"id":557185,"date":"2026-08-24T12:10:34","date_gmt":"2026-08-24T11:10:34","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=557185"},"modified":"2026-08-24T09:36:09","modified_gmt":"2026-08-24T08:36:09","slug":"400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares\/","title":{"rendered":"$400M AI crypto treasury firm seeks second reverse split while restoring capacity for 3 billion shares"},"content":{"rendered":"<p>Nasdaq-listed <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1957413\/000149315226039670\/ex99-1.htm\">Digital Currency X Technology Inc.<\/a> is asking shareholders to approve a 160-for-1 reverse stock split, also known as a share consolidation, on September 3. It would be the company\u2019s second consolidation of 2026 after a <a href=\"https:\/\/www.nasdaqtrader.com\/TraderNews.aspx?id=ECA2026-30\">12-for-1 action<\/a> took effect on January 22.<\/p>\n<p>Digital Currency X recently shifted from electric-vehicle manufacturing into the digital asset sector. In its <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1957413\/000149315226020595\/form20-f.htm\">latest annual report<\/a>, the company said its treasury held 157.45 million EDGEAI tokens. It valued them at about $402 million as of December 31, 2025. It later locked all of those tokens in a 12-month staking agreement. The agreement carried a floating annualized yield of 3.5% to 8%.<\/p>\n<p>For a holder whose balance is divisible by 160, every 160 Class A or Class B shares would become one share. A holder of 16,000 shares, for example, would receive 100. The filing says the company would round fractional results up to the nearest whole share, so smaller or nondivisible positions would not follow that arithmetic exactly. The consolidation would cover both issued and unissued shares. It would take effect on a date confirmed by Nasdaq or one on which the exchange raises no objection.<\/p>\n\n<div class=\"cs-article-embed\">\n    <a href=\"https:\/\/cryptoslate.com\/eric-trumps-american-bitcoin-forces-1-for-15-reverse-split-to-avoid-nasdaq-delisting-amid-8k-btc-holding\/\" class=\"cs-article-embed__link\">\n        <div class=\"cs-article-embed__body\">\n            <span class=\"cs-article-embed__related-reading\">Related Reading<\/span>\n            <h3 class=\"cs-article-embed__title\">Eric Trump\u2019s American Bitcoin forces 1:15 reverse split to avoid Nasdaq delisting amid 8k BTC holding<\/h3>\n        <\/div>\n        <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\">\n            <i class=\"fa-light fa-arrow-up-right\"><\/i>\n        <\/span>\n    <\/a>\n<\/div>\n\n<h2>A reverse stock split, then an authorization reset<\/h2>\n<p>The first resolution would reduce authorized shares from 3 billion, each with a par value of $0.0001, to 18.75 million, each with a $0.016 par value. A second resolution would immediately increase the authorization back to 3 billion shares at the higher par value. A third would reorganize the authorized share capital back to $0.0001 per share. Shareholders had approved the 3 billion-share authorization on May 13, according to a <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1957413\/000149315226023278\/form6-k.htm\">May filing<\/a>.<\/p>\n<p>Authorized shares are capacity, rather than stock already issued. The resolutions would not themselves issue shares or prove immediate dilution, but they would leave the company able to issue far more shares after the consolidation than the 18.75 million-share ceiling created by the first step alone.<\/p>\n<p><a href=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/08\/exec-3b5ec7eb-7abd-45b0-9751-be990720d704.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-557194\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/08\/exec-3b5ec7eb-7abd-45b0-9751-be990720d704.png\" alt=\"Infographic showing Digital Currency X's proposed 160-for-1 reverse stock split, four-step authorized-share reset, and September voting deadlines.\" width=\"720\" height=\"1402\" \/><\/a><br \/>\n\n<div class=\"cs-article-embed\">\n    <a href=\"https:\/\/cryptoslate.com\/zero-mining-revenue-98-cash-collapse-and-2m-mysterious-shares-set-the-stage-for-miners-7-billion-share-survival-play\/\" class=\"cs-article-embed__link\">\n        <div class=\"cs-article-embed__body\">\n            <span class=\"cs-article-embed__related-reading\">Related Reading<\/span>\n            <h3 class=\"cs-article-embed__title\">Zero mining revenue, 98% cash collapse, 2 million mysterious shares sets up miner's 7 billion share survival play<\/h3>\n        <\/div>\n        <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\">\n            <i class=\"fa-light fa-arrow-up-right\"><\/i>\n        <\/span>\n    <\/a>\n<\/div>\n<\/p>\n<h2>Share base and voting timeline<\/h2>\n<p>The disclosed issued-share figures come from two earlier dates and establish only a floor. Digital Currency X\u2019s <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1957413\/000149315226020595\/form20-f.htm\">annual report<\/a> listed 19,823,627 Class A shares and 1,334 Class B shares outstanding as of April 20. A <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1957413\/000149315226032338\/form6-k.htm\">July 7 filing<\/a> then said the company issued 331,753,557 units, each including one Class A share and warrants, at a July 3 private-placement closing. Together, those disclosures establish at least 351,577,184 Class A shares plus 1,334 Class B shares before any later warrant exercise or other issuance.<\/p>\n<p>Class A shares carry one vote each on general-meeting matters, while Class B shares carry 20. On the April counts, the Class B class represented 26,680 votes against more than 19.8 million Class A votes. The July issuance added Class A shares, but the materials do not establish current holder-by-holder control for the September vote.<\/p>\n<p>The company <a href=\"https:\/\/www.nasdaq.com\/press-release\/digital-currency-x-technology-inc-announces-12-1-share-consolidation-2026-01-20\">said it intended January\u2019s consolidation<\/a> to help regain Nasdaq minimum bid-price compliance. By contrast, the August meeting notice does not identify a compliance, financing, or offering rationale for the proposed 160-for-1 reverse stock split and capital reorganization. Intervening issuance also changed the share base, so the two ratios do not describe one continuous holder-level reduction.<\/p>\n\n<div class=\"cs-article-embed\">\n    <a href=\"https:\/\/cryptoslate.com\/us-bitcoin-treasury-company-just-sold-every-btc-as-debt-and-nasdaq-pressure-closed-in\/\" class=\"cs-article-embed__link\">\n        <div class=\"cs-article-embed__body\">\n            <span class=\"cs-article-embed__related-reading\">Related Reading<\/span>\n            <h3 class=\"cs-article-embed__title\">A US Bitcoin treasury company sold every BTC because debt and Nasdaq pressure just closed in<\/h3>\n        <\/div>\n        <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\">\n            <i class=\"fa-light fa-arrow-up-right\"><\/i>\n        <\/span>\n    <\/a>\n<\/div>\n\n<p>The Zoom-only meeting is scheduled for 10:00 a.m. Hong Kong time on September 3. Internet and phone voting closes at 11:59 p.m. Eastern time on September 2, while proxy forms have a separate deadline no later than 48 hours before the meeting.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A September 3 vote would cut holder balances 160-for-1, then return authorized capacity to 3 billion shares.<\/p>\n","protected":false},"author":1264,"featured_media":557341,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[78326,77968,79312],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Reverse stock split: Digital Currency X proposes 160-for-1<\/title>\n<meta name=\"description\" content=\"Digital Currency X shareholders will vote Sept. 3 on a 160-for-1 reverse stock split and a reset to 3 billion authorized shares.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"$400M AI crypto treasury firm seeks second reverse split while restoring capacity for 3 billion shares\" \/>\n<meta property=\"og:description\" content=\"Digital Currency X shareholders will vote Sept. 3 on a 160-for-1 reverse stock split and a reset to 3 billion authorized shares.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-24T11:10:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-08-24T08:36:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/08\/reverse-split-shredder.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Liam &#039;Akiba&#039; Wright\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@akibablade\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Liam 'Akiba' Wright\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/#person\",\"name\":\"Liam 'Akiba' Wright\",\"url\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam.jpg\",\"caption\":\"Liam 'Akiba' Wright\"},\"jobTitle\":\"Editor-in-Chief\",\"description\":\"Liam \u201cAkiba\u201d Wright is CryptoSlate\u2019s Editor-in-Chief, reporter and podcast producer, focused on decentralized tech\u2019s positive impact.\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/www.akiba.gg\",\"https:\/\/x.com\/akibablade\",\"https:\/\/www.linkedin.com\/in\/liamandrewwright\",\"https:\/\/muckrack.com\/liam-wright\/articles\"]},\"headline\":\"$400M AI crypto treasury firm seeks second reverse split while restoring capacity for 3 billion shares\",\"datePublished\":\"2026-08-24T11:10:34+00:00\",\"dateModified\":\"2026-08-24T11:10:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares\/\"},\"wordCount\":570,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"articleSection\":[\"AI\",\"Featured\",\"Market\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2026\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares\/\",\"url\":\"https:\/\/cryptoslate.com\/400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares\/\",\"name\":\"Reverse stock split: Digital Currency X proposes 160-for-1\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2026-08-24T11:10:34+00:00\",\"dateModified\":\"2026-08-24T11:10:34+00:00\",\"description\":\"Digital Currency X shareholders will vote Sept. 3 on a 160-for-1 reverse stock split and a reset to 3 billion authorized shares.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"$400M AI crypto treasury firm seeks second reverse split while restoring capacity for 3 billion shares\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/cryptoslate.substack.com\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/advertising\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/ea2b02b41a7478e18d903ca8eec4979e\",\"name\":\"Liam 'Akiba' Wright\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam-150x150.jpg\",\"caption\":\"Liam 'Akiba' Wright\"},\"description\":\"Also known as \\\"Akiba,\\\" Liam Wright is the Editor-in-Chief at CryptoSlate and host of the SlateCast. He believes that together decentralized blockchain and AI technology have the potential to make widespread positive change.\",\"sameAs\":[\"https:\/\/www.akiba.gg\",\"https:\/\/www.instagram.com\/akibablade\",\"https:\/\/twitter.com\/akibablade\"],\"award\":[\"Most improved footballer - 1992\"],\"knowsAbout\":[\"Python\",\"Javascript\",\"PHP\",\"HTML\",\"Agentic Software\",\"Machine Learning\",\"2000s emo music\",\"Manchester United\"],\"knowsLanguage\":[\"English\",\"Spanish\"],\"url\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Reverse stock split: Digital Currency X proposes 160-for-1","description":"Digital Currency X shareholders will vote Sept. 3 on a 160-for-1 reverse stock split and a reset to 3 billion authorized shares.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares\/","og_locale":"en_US","og_type":"article","og_title":"$400M AI crypto treasury firm seeks second reverse split while restoring capacity for 3 billion shares","og_description":"Digital Currency X shareholders will vote Sept. 3 on a 160-for-1 reverse stock split and a reset to 3 billion authorized shares.","og_url":"https:\/\/cryptoslate.com\/400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares\/","og_site_name":"CryptoSlate","article_published_time":"2026-08-24T11:10:34+00:00","article_modified_time":"2026-08-24T08:36:09+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/08\/reverse-split-shredder.jpg","type":"image\/jpeg"}],"author":"Liam 'Akiba' Wright","twitter_card":"summary_large_image","twitter_creator":"@akibablade","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Liam 'Akiba' Wright","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/#person","name":"Liam 'Akiba' Wright","url":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam.jpg","caption":"Liam 'Akiba' Wright"},"jobTitle":"Editor-in-Chief","description":"Liam \u201cAkiba\u201d Wright is CryptoSlate\u2019s Editor-in-Chief, reporter and podcast producer, focused on decentralized tech\u2019s positive impact.","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/www.akiba.gg","https:\/\/x.com\/akibablade","https:\/\/www.linkedin.com\/in\/liamandrewwright","https:\/\/muckrack.com\/liam-wright\/articles"]},"headline":"$400M AI crypto treasury firm seeks second reverse split while restoring capacity for 3 billion shares","datePublished":"2026-08-24T11:10:34+00:00","dateModified":"2026-08-24T11:10:34+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares\/"},"wordCount":570,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"articleSection":["AI","Featured","Market"],"inLanguage":"en-US","copyrightYear":"2026","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares\/","url":"https:\/\/cryptoslate.com\/400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares\/","name":"Reverse stock split: Digital Currency X proposes 160-for-1","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2026-08-24T11:10:34+00:00","dateModified":"2026-08-24T11:10:34+00:00","description":"Digital Currency X shareholders will vote Sept. 3 on a 160-for-1 reverse stock split and a reset to 3 billion authorized shares.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/400m-ai-crypto-treasury-firm-seeks-second-reverse-split-while-restoring-capacity-for-3-billion-shares\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"$400M AI crypto treasury firm seeks second reverse split while restoring capacity for 3 billion shares"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/cryptoslate.substack.com","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/advertising\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/ea2b02b41a7478e18d903ca8eec4979e","name":"Liam 'Akiba' Wright","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam-150x150.jpg","caption":"Liam 'Akiba' Wright"},"description":"Also known as \"Akiba,\" Liam Wright is the Editor-in-Chief at CryptoSlate and host of the SlateCast. He believes that together decentralized blockchain and AI technology have the potential to make widespread positive change.","sameAs":["https:\/\/www.akiba.gg","https:\/\/www.instagram.com\/akibablade","https:\/\/twitter.com\/akibablade"],"award":["Most improved footballer - 1992"],"knowsAbout":["Python","Javascript","PHP","HTML","Agentic Software","Machine Learning","2000s emo music","Manchester United"],"knowsLanguage":["English","Spanish"],"url":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/557185"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/1264"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=557185"}],"version-history":[{"count":8,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/557185\/revisions"}],"predecessor-version":[{"id":557511,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/557185\/revisions\/557511"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/557341"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=557185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=557185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=557185"},{"taxonomy":"prediction_market_topic","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/prediction_market_topic?post=557185"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=557185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}