Bit Brother Ltd. (BTB) News
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Latest BTB News From Around the Web
Below are the latest news stories about BIT BROTHER LTD that investors may wish to consider to help them evaluate BTB as an investment opportunity.
Bit Brother Ltd. Received Nasdaq Notification Letter Regarding Bid Price DeficiencyBit Brother Limited (the "Company," "we" or "Bit Brother") (NASDAQ: BTB), announced today that on May 16, 2023, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC ("Nasdaq") notifying the Company that the minimum bid price per share for its Class A ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set forth in Nasdaq List |
Bit Brother Announces First Fully Loaded Texas Mining Farm and Development of Second Mining FarmBit Brother Limited (the "Company," "we", "BTB" or "Bit Brother") (NASDAQ: BTB) is pleased to announce that the newly purchased 1.5MW mining servers installed in its first Texas mining farm are in full operation and are located at 1968 N Access Rd, Clyde, TX 79510. The total number of installed servers in the first mining farm has reached 1,750 with aggregated computing power of 175,000TH/S, thus reaching its fully loaded capacity of 6MW. We estimate that our servers can generate a total value o |
Bit Brother Generated over 15 Bitcoins from Texas Mining Farm Since Jan 17, 2023Bit Brother Limited (the "Company," "we", "BTB" or "Bit Brother") (NASDAQ: BTB) is pleased to announce that BTB's Texas mining farm has been operating as expected since it started operations on January 17, 2023. As of February 23, 2023, the mining server has mined over 15 bitcoins, generating approximately $370,000 in revenue based on the current bitcoin price. |
BTB to Release Video Conference with Mark Hunter on the Topic of Naked Short SellingBit Brother Limited (the "Company," "we", "BTB" or "Bit Brother") (NASDAQ: BTB) Mr. Ralph Jones, CEO of the subsidiary Bit Brother New York Inc, held a video conference with Mr. Mark Hunter, a former SEC enforcement lawyer, to discuss specific details of countering naked short selling. The Company's Special Task Force will continual to fight back against short sales . |
Bit Brother: Optimizing Tea Chain Business with AIGC and ChatGPT TechnologiesBit Brother Limited (the "Company," "we", "BTB" or "Bit Brother") (NASDAQ: BTB), a tea product and a crypto finance digital technology group, has been exploring the application of AI technology to digital technology and milk tea&coffee business scenarios, such as pre-sales customer communication and consultation, basic product information, including product names, selling points, risk control requirements, application requirements, etc. Subsequently, we plan to increase its investment in AIGC an |
Bit Brother Announces Delivery of Another 400 S19J Pro Mining ServersBit Brother Limited (the "Company," "we", "BTB" or "Bit Brother") (NASDAQ: BTB) is pleased to announce that additional 400 S19J Pro Mining Servers purchased from Blockworx1 LLC were delivered to the Company's Texas mining farm on February 3, 2023, and are expected to be fully installed and operating by April 2023. As of today, a total of 1,400 of the Company's S19J Pro servers are in operation. With the additional 400 servers, an aggregate hash rate of 180,000 TH/S will be reached, assuming all |
Bit Brother's Retained a former SEC Enforcement Attorney to Further Explore Counteractions Against the Suspected Illegal ShortingBit Brother Limited ("Bit Brother", "BTB", "We" or the "Company") (NASDAQ: BTB) announced the Special Task Force of the Company engaged Mark David Hunter, Esq in connection with referral to the U.S. Securities and Exchange Commission ("Commission") through its Whistleblower Program of potential violations of the laws by entities and individuals engaged in the naked short selling of BTB's stock. Mr. Hunter will be the lead partner in this matter. He plans to attend the next livestream BTB hosts o |
Bit Brother Increased Its Investment in Blockchain Field and Entered Brokerage Agreement to Purchase 400 Mining Rigs with Estimated Hash Rate of 40,000 TH/SBit Brother Limited (the "Company," "we", "BTB" or "Bit Brother") (NASDAQ: BTB), through its subsidiary Bit Brother New York Inc ("BTB NY"), entered into brokerage agreement with Blockworx1, LLC to purchase 400 S19J Pro cryptocurrency mining servers . All 400 servers are expected to be delivered within 21 days. Each server has a hash rate of approximate 100 TH/S. As of today, BTB NY has 1,400 S19J Pro in operation. With the additional 400 servers, by using the data from Ultimuspool, a mining poo |
Bit Brother Reached Potential Collaboration with Blockworx1 for a Sell Price of $1,200,000Bit Brother Limited (the "Company," "we", "BTB" or "Bit Brother") (NASDAQ: BTB), through its subsidiary Bit Brother New York Inc ("BTB NY"), signed an LOI with Blockworx1 LLC ("Blockworx1") for the potential sale of assets and services for total purchase price of $1,200,000. |
Bit Brother Special Task Force Took Further Actions to Address Suspected Illegal ShortingBit Brother Limited ("Bit Brother", "BTB", "We" or the "Company") (NASDAQ: BTB) announced today the Special Task Force has taken and plan to take following actions to address the suspected illegal shorting of its stock: |