BitMart is exploring a restructuring plan that could combine creditor distributions with a phased restart of certain operations, the company said on August 22. The exchange hired White & Case as its restructuring counsel and expects to publish a detailed roadmap by September 9. The proposal follows the July 26 announcement that BitMart would shut down, citing market conditions and strategic considerations. In that notice the exchange said it would halt new registrations, deposits and trading, move futures accounts into reduce‑only mode and end platform operations on January 31, 2027 while keeping withdrawals available after additional compliance checks. The shutdown triggered a roughly 58 percent drop in the price of BitMart’s BMX token within 24 hours, extending its year‑to‑date decline to about 83 percent. If implemented, the plan would allow creditors to receive payments as the exchange resumes limited services. The timeline and final outcomes remain uncertain.