Company with Bitcoin treasury on brink of Nasdaq delisting

Nasdaq has warned ZOOZ Strategy, a company that holds bitcoins on its balance sheet, that it risks being delisted after its shares traded below 1 for more than a month, violating listing requirements. The company has until June 15, 2026, to restore its share price above 1 for at least 10 consecutive trading sessions.
ZOOZ is considering available options to regain compliance, including a reverse stock split. At the same time, the company s shares have plunged by more than 80 over the past year, despite ZOOZ holding 1,036 BTC 90 million . Weak financial results and rising expenses are further weighing on the stock.
The issue is not unique: similar Nasdaq notices have been sent to KindlyMD and Nakamoto, while ETHZilla has abandoned its crypto treasury strategy altogether, selling ETH to reduce debt. These cases highlight the growing pressure the equity market is placing on corporate crypto treasury models amid falling share prices.