With due respect... The Company agreed to effectuate a reverse split in the event the closing bid price of the Class A ordinary share trades below $0.01 (closing price) for five consecutive trading days.
They could still come into compliance organically on good news.
They could also drive and hold the price below $0.01 for five (5) consecutive days to force the reverse split.
Caution is warranted but I am in and holding regardless as BTC will see new highs in 2024 and $BETS will be ramping up their mining operations by 130% in January.