The Block - 2026-07-01 ​
2 items collected.
1. Trump-backed American Bitcoin sets 1-for-15 reverse stock split in bid to maintain Nasdaq listing ​
Author: Kyle Baird
Published: 7/1/2026, 7:16:58 PM
Categories: Companies, Crypto Infrastructure, Markets, The Block, Mining Companies
American Bitcoin's reverse split will reduce outstanding shares from roughly 1.09 billion to about 73 million.
2. ‘We desperately need legislation that includes an agreement on ethics:’ Trump financial filing adds urgency to crypto bill negotiations ​
Author: Sarah Wynn
Published: 7/1/2026, 7:03:57 PM
Categories: People, Policy, Regulation, The Block, U.S. Policymaking, Cynthia Lummis, Donald Trump, Senate Banking Committee
Trump's financial disclosure, revealing millions in crypto-related income, is adding urgency to write ethics restrictions into a crypto bill.