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This important capital structure adjustment measure is expected to take effect officially after market close on April 24, 2026. After the reverse stock split is implemented, the number of outstanding common shares will be significantly reduced proportionally, and the par value per share will be adjusted accordingly. This move is usually aimed at increasing the per-share price in order to meet exchange continued listing standards and may also improve the stock's appeal to a broader range of institutional investors. Market participants should pay close attention to the direct impact of this reverse stock split on the number of shares held and the per-share valuation.

According to Odaily, Bitcoin is approaching the key resistance level of 75,000 US dollars. Several analysts have noted that this level may serve as the dividing line for the market to shift from consolidation to a new upward trend. Mati Greenspan, founder of Quantum Economics, pointed out that if BTC can effectively remain above 75,000 US dollars, it would signal a structural breakout and could attract new capital to enter; however, if it cannot hold above this level, it may result in a "bull trap." Nevertheless, there is still strong support around 65,000 US dollars below. Kevin Murcko, CEO of an exchange, stated that integer thresholds such as 75,000 US dollars are usually hotspots for trader competition, making profit-taking and differences in buying and selling more likely. Analysts further indicated that, if a breakout is confirmed, BTC could reach the 85,000 US dollars range, but the extent of the rise still depends on factors such as the macro environment, ETF capital inflows, and market liquidity. Meanwhile, some opinions suggest that 75,000 US dollars is more of a psychological threshold, and real structural confirmation might require holding above an even higher level. (CoinDesk)

Odaily reported that Bitcoin treasury company Strategy announced it will release its financial results for the first quarter of 2026 after the close of the US stock market on May 5, 2026, and will hold a webcast to discuss the results at 17:00 Eastern Time on the same day. (Businesswire)