Hindsight Markets Recaps Small-cap stocks on August 19, 2026
BTOG, August 19: a reverse-split headline, a 56,352-share float, and $1.11
BTOG opened near its previous close after news, then ran to $1.11 during the session.
News via Stock News API
What happened
Draft for review. Not published.
A split headline, no jump
The reverse-split news did not move BTOG. The 1-for-5 split came out at 8:30 a.m., and the stock sat near $0.76 into the open. Its float is just 56,352 shares.
The 3:15 burst
The quiet day ended at 3:14 p.m. The price was $0.88. The 3:15 minute traded 35K shares, more than half the float.
Stop It's 3:17. BTOG is at $0.96. Three minutes ago it was $0.88, and the 3:15 minute alone traded 34,540 shares, more than half the float. Would you buy here?
Press play: the real Level 2, tape and chart run from 3:14 p.m. and stop at 3:17 p.m. ET for your call.
Buyers kept coming. The 3:17 minute ran to $1.06 on 119K shares, despite a 22K-share sell at the bid. At 3:18:17 an ask wall appeared at $1.35.
Stop It's 3:19. BTOG is at $1.04, up from $0.88 five minutes ago. The last two minutes traded about 281,000 shares. Would you chase it here?
Press play: the real Level 2, tape and chart run from 3:16 p.m. and stop at 3:19 p.m. ET for your call.
Top and fade
That was the top. The high, $1.11, came in the 3:19 minute.
A 3:22 push stopped lower at $1.06. Sellers swept the bid down, and it closed at $0.87, 21% below the high.
What to take from it: In a book this thin, the top cost more than the screen showed.
Replay BTOG's day
It starts at 3:03 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 3:06 p.m. and asks what you would do. Or press Play on any moment in How it traded.
The details
How it traded, step by step
Intraday run. It opened down 2.6% at $0.755, then ran from the open to the high of $1.11 in 349 minutes.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 5:25 a.m. | Pre-market high, $0.77 | |
| 8:30 a.m. | News (GlobeNewsWire): Bit Origin Ltd Announces 1-for-5 Reverse Stock Split Effective August 21, 2026 | |
| 9:30 a.m. | The open: $0.755, down 2.6% from the previous close | |
| 3:15 p.m. | First trade 20% above the previous close of $0.7749 | |
| 3:19 p.m. | High of the day to the close, $1.11 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $0.8734, 21.3% below the high |
The shape's name comes from a fixed rule, not a judgement (how shapes are named). Halts are in the halt table below.
The day in numbers
- Previous close
- $0.7749
- Open, 9:30 a.m.
- $0.755
- Gap at the open
- −2.6%
- Pre-market high
- $0.77 at 5:25 a.m.
- High, 4 a.m. to 4 p.m.
- $1.11 at 3:19 p.m.
- Low, 4 a.m. to 4 p.m.
- $0.73
- Close, 4 p.m.
- $0.8734
- Change at 4 p.m.
- +12.7%
- After-hours high, 4 p.m. to 8 p.m.
- $1.37 at 6:31 p.m.
- Volume, 4 a.m. to 4 p.m.
- 1.18 million
- Volume after hours, 4 p.m. to 8 p.m.
- 4.55 million
- Relative volume by 8 p.m.
- 33.9×
- Float
- not available
- Shares outstanding
- not available
- From news to the move: the first trade 20% above the previous close came 6 hours 45 minutes after the latest news item before it (GlobeNewsWire, 8:30 a.m.).
- Volume, from the one-minute bars: 4,182 shares before the 9:30 a.m. open (0%), 8,001 in the first 30 minutes (0%), and 5.72 million in the rest of the day to 8 p.m. (100%).
- Other days BTOG met the small-cap rule in our recaps: 2, the latest on September 3, 2026.
On the day's lists: the intraday runners. It is here because it was in play on the intraday runners: up 30% or more on $3 million or more really traded, outside the small-cap rule's price, relative volume or float, its high reached $1 or more and it started the day at $20 or under (the rule every page uses).
Halts (none)
The exchange's halt feed shows no halts for BTOG that day.
Halt bands that day: the LULD plan's Amendment 18 rules (what that means, LULD calculator).
How we read the data, name a day's shape and pick the stocks: methodology.
Trade this day
Replay BTOG on August 19, 2026 in Hindsight Markets: the real tape, the order book and the halts, on a clock you control, and see where your orders would have filled.