Hut 8-Backed American Bitcoin To Slash Share Count By More Than 90% In Reverse Split - Stocktwits

Published 12 Sep 2026, 01:15 UTC. Updated 20 Sep 2026, 02:46 UTC.

Hut 8-Backed American Bitcoin To Slash Share Count By More Than 90% In Reverse Split Stocktwits

Directly affected

ABTC American Bitcoin
Named in this report.

Indirectly affected

IBIT iShares Bitcoin Trust
This price moves with the crypto market
COIN Coinbase
The crypto exchange moves with trading volumes
MSTR Strategy
This company's value is tied to its bitcoin holdings
MARA MARA Holdings
Bitcoin miners move with the bitcoin price
RIOT Riot Platforms
Bitcoin miners move with the bitcoin price
HOOD Robinhood
Retail trading apps move with crypto volumes
BITB BITWISE BITCOIN ETF TR
GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
BITU PROSHARES ULTRA BITCOIN ETF
GA selected BITU as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
BITX 2X BITCOIN STRATEGY ETF
GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
GBTC GRAYSCALE BITCOIN TRUST ETF
GA selected GBTC as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

Ticker	T-5	T-3	T-1	T0	T+1	T+2	T+3
ABTC	—	—	—	—	—	—	—
IBIT	—	—	—	—	—	—	—
COIN	—	—	—	—	—	—	—
MSTR	—	—	—	—	—	—	—
MARA	—	—	—	—	—	—	—
RIOT	—	—	—	—	—	—	—
HOOD	—	—	—	—	—	—	—
BITB	—	—	—	—	—	—	—
BITU	—	—	—	—	—	—	—
BITX	—	—	—	—	—	—	—
GBTC	—	—	—	—	—	—	—

Hut 8-Backed American Bitcoin To Slash Share Count By More Than 90% In Reverse Split Stocktwits

Source: Stocktwits

Price since this story was published: Bitwise Bitcoin ETF (BITB)

Since the first closing price after “Hut 8-Backed American Bitcoin To Slash Share Count By More Than 90% In Reverse Split - Stocktwits,” Bitwise Bitcoin ETF (BITB) is +7.52%. The S&P 500 fund (SPY) is +0.77% over the same days, a +6.75% difference versus the market.

BITB

SPY

Who gains and who loses around Bitwise Bitcoin ETF (BITB)

Companies carried with this story

BITB Bitwise Bitcoin ETF
Bitwise Bitcoin ETF (BITB) is linked, with no stored direction, medium confidence in the 12 Sep 2026 story “Hut 8-Backed American Bitcoin To Slash Share Count By More Than 90% In Reverse Split - Stocktwits.” Reason on file: GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
BITU Proshares Ultra Bitcoin Etf
For “Hut 8-Backed American Bitcoin To Slash Share Count By More Than 90% In Reverse Split - Stocktwits,” Proshares Ultra Bitcoin Etf (BITU) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITU as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
BITX 2X Bitcoin Strategy Etf
2X Bitcoin Strategy Etf (BITX) is linked, with no stored direction, medium confidence in the 12 Sep 2026 story “Hut 8-Backed American Bitcoin To Slash Share Count By More Than 90% In Reverse Split - Stocktwits.” Reason on file: GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
GBTC Grayscale Bitcoin Trust ETF
For “Hut 8-Backed American Bitcoin To Slash Share Count By More Than 90% In Reverse Split - Stocktwits,” Grayscale Bitcoin Trust ETF (GBTC) is linked, with no stored direction, medium confidence. Reason on file: GA selected GBTC as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
HSAI Hesai Group
Hesai Group (HSAI) is linked, with no stored direction, medium confidence in the 12 Sep 2026 story “Hut 8-Backed American Bitcoin To Slash Share Count By More Than 90% In Reverse Split - Stocktwits.” Reason on file: GA selected HSAI as a RELATED security because its canonical security name directly matches this event's themes: american, share. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
ABTC American Bitcoin
In “Hut 8-Backed American Bitcoin To Slash Share Count By More Than 90% In Reverse Split - Stocktwits,” American Bitcoin (ABTC) is linked, with no stored direction, medium confidence. Reason on file: GA selected ABTC as a RELATED security because its canonical security name directly matches this event's themes: american, bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Bitwise Bitcoin ETF (BITB)

The 12 Sep 2026 story “Hut 8-Backed American Bitcoin To Slash Share Count By More Than 90% In Reverse Split - Stocktwits” names Bitwise Bitcoin ETF (BITB) because of this story.

What ties Bitwise Bitcoin ETF (BITB) to the headline is this: GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Also listed, Proshares Ultra Bitcoin Etf (BITU): GA selected BITU as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates and price levels for Bitwise Bitcoin ETF (BITB)

BITB traded between 43.26 and 47.30 across 20 sessions. The latest close on file is 44.34. BITU traded between 13.70 and 16.49 across 20 sessions. The latest close on file is 14.38. BITX traded between 17.70 and 21.33 across 20 sessions. The latest close on file is 18.59.

A simple score for Bitwise Bitcoin ETF (BITB)

46 out of 100

“Hut 8-Backed American Bitcoin To Slash Share Count By More Than 90% In Reverse Split - Stocktwits” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.