Digital Currency X Technology Inc. (NASDAQ:DCX), a company focused on digital asset treasury management, experienced a significant stock price drop of 13.7% in after-hours trading on Friday. This decline followed the company's disclosure that it has received an official delisting notice from Nasdaq, attributable to not meeting the exchange's minimum bid price minimum.
The notice, delivered on January 20, 2026, states that DCX's shares have closed below the required $1.00 per share mark for a continuous span of 30 business days, specifically from December 4, 2025, through January 16, 2026. The Nasdaq rule mandates maintaining a minimum closing bid price of $1.00 for listing eligibility.
Typically, companies have a 180-day window to correct such deficiencies. However, DCX is ineligible for this relief period because the company has conducted one or multiple reverse stock splits within the previous two years with a cumulative ratio of 250 shares for one share or greater.
Per Nasdaq's determination, unless DCX appeals successfully, its securities will be delisted from the Nasdaq Capital Market and trading will be suspended effective market open on January 29, 2026. The deadline to file an appeal request is January 27.
In response, DCX has announced its intent to seek a hearing before the Nasdaq Hearings Panel. Recently, the company completed a 12-for-1 reverse stock split effective January 22, 2026 as a strategic measure to restore compliance with the minimum bid price requirement.
Despite this consolidation effort, DCX acknowledges that it cannot guarantee regaining or sustaining listing standards compliance or the success of its appeal to prevent delisting.
Operating in the digital asset sector, Digital Currency X Technology provides cryptocurrency custody and storage services, managing a digital asset treasury reportedly valued over $1.4 billion.