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Blue Hat Announces Reverse Stock Split Amid Strategic Shift

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Blue Hat Announces Reverse Stock Split Amid Strategic Shift

An announcement from Blue Hat Interactive Entertainment Technology ( (BHAT) ) is now available.

On March 12, 2025, Blue Hat Interactive Entertainment Technology announced a 1-for-100 reverse stock split of its ordinary shares, effective March 17, 2025. This move, approved by the company’s board and shareholders, is expected to streamline the company’s share structure without affecting individual shareholder percentages, except for adjustments due to fractional shares. The reverse stock split reflects Blue Hat’s strategic efforts to enhance its market positioning as it transitions into the commodity trading industry.

More about Blue Hat Interactive Entertainment Technology

Blue Hat Interactive Entertainment Technology, originally a provider of communication services and AR interactive entertainment products in China, is now expanding into the commodity trading sector. The company aims to leverage its technological expertise to become a leading intelligent commodity trader globally.

YTD Price Performance: -73.33%

Average Trading Volume: 114,300,219

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $10.03M

See more insights into BHAT stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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