Key Highlights

  • The stock was down 12.64 percent to USD 0.6408 in pre-market trading on November 2, 2026.
  • No company announcement dated late October or November 2, 2026 was identified as the trigger.
  • A company release dated October 16, 2026 set delivery of 128 Blackwell B300 GPUs for the week of November 3, 2026.
  • The GPU purchase was described as an Acquisition of approximately USD 11 million.
  • The company sold 3 million Dogecoin on September 7, 2026 for about USD 267,665 in gross proceeds.

What moved Sangrix shares in pre-market trading?

Sangrix (NASDAQ:SGRX) was down 12.64 percent to USD 0.6408 in pre-market trading on November 2, 2026. The stock is a Penny Stock with a very small market value.

No company announcement dated late October or November 2, 2026 was found. The move comes just ahead of a scheduled equipment delivery and follows a sharp gain tied to the October 16, 2026 release, so profit taking is one possible explanation, though unconfirmed.

What did the company say about the GPU delivery?

According to a company press release dated October 16, 2026, 16 servers containing 128 Blackwell B300 GPUs are expected to arrive the week of November 3, 2026, replacing an earlier third quarter 2026 expectation. The company said inspection, racking and testing should take about one more week.

The equipment is intended for a Malaysian Data Center under previously executed hosting arrangements. The purchase, first announced June 29, 2026, was described as an acquisition of approximately USD 11 million.

What is Sangrix and how has it changed?

Sangrix, formerly Bit Origin, is a Singapore based company focused on digital asset treasury management and AI computing infrastructure. Its ticker changed from BTOG to SGRX on September 4, 2026, and a new website launched on September 15, 2026.

The company effected a 1-for-60 reverse split on January 20, 2026 and a 1-for-5 reverse split on August 21, 2026. On September 9, 2026, it said it sold 3 million Dogecoin at an average of about USD 0.089 per coin for Working Capital and AI infrastructure.

What are the Balance Sheet and risks?

Public data shows a Market Value of about USD 2.67 million and a float of roughly 3.55 million shares, which is small. Such a profile can mean wide price swings and thin liquidity.

The company has said it may dispose of more Dogecoin depending on market conditions, and small companies funding hardware often raise equity, which can dilute holders. The company did not provide Revenue timing from the new GPU assets.

What should investors watch next?

The arrival and testing of the GPU servers in the weeks after November 3, 2026 is the main near term event. Any announcement of customer contracts or revenue from the hosting arrangements would be closely followed.

Financing disclosures, further reverse splits or Nasdaq listing notices would also matter given the low share price.