Bit Brother Ltd

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CHANGSHA, China , June 19, 2024 /PRNewswire/ -- Bit Brother Limited (the "Company," "we", or "Bit Brother") (OTC Pink: BETSF) is pleased to announce that our second cryptocurrency mining farm in Abilene, Texas has been launched. With the unremitting efforts of the operation team, we overcome all difficulties and keep moving forward.

BETSF Announces Commencement of Operations of the Second Mining Farm

CHANGSHA, China , March 11, 2024 /PRNewswire/ -- Bit Brother Limited ("Bit Brother, " "We" or the "Company") (OTC Pink: BETSF), today announced its intention to appeal the recent delisting decision issued by the Hearing Panel of Nasdaq Stock Market ("Nasdaq"). We have recently received correspondence from shareholders across the globe who indicted that that they believe BETSF's recent financing activities have not harmed their interests.

Bit Brother Limited Plans to Appeal Delisting Determination by Nasdaq Hearing Panel

Bit Brother (NASDAQ: BETS) stock price staged a major comeback on Wednesday, becoming one of the top gainers. It jumped by more than 71% in an extremely high-volume environment even as the company made no headlines.

Here's why the Bit Brother (BETS) stock staged a comeback

Obscure and highly speculative blockchain venture Bit Brother (NASDAQ: BETS ) is finally in the news for a good reason. During the midweek session, BETS stock is soaring as the underlying benchmark cryptocurrency asset nears an all-time high.

What Is Going on With Bit Brother (BETS) Stock Today?

Bit Brother (BETS) stock short sellers have prevailed as the company faces delisting from the Nasdaq exchange. The stock has already plunged by more than 74% this year, making it one of the worst performers in Wall Street.

Bit Brother (BETS) short sellers prevail as the stock turns worthless

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Bit Brother (BETS), Phunware (PHUN), and Mullen Automotive (MULN) are troubled companies whose stocks have plunged by over 90% from their all-time highs. They are penny stocks with little institutional investor ownership.

Here's why PHUN, BETS, and MULN stocks are so popular

CHANGSHA, China, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Bit Brother Limited ("Bit Brother, " "We" or the "Company") (Nasdaq:  BETS ), today announced that it has received a notice (the “Notice”) from the Nasdaq Stock Market (“Nasdaq”) on January 30, 2024 notifying the Company that the Nasdaq Staff (“Staff”) had determined to delist the Company's securities from Nasdaq in accordance with its authority under Nasdaq Listing Rule 5101. Nasdaq based its determination upon concerns raised by the issuance of certain warrants with cashless exercise provisions in two registered offerings by the Company on October 25, 2023 and December 5, 2023 and the associated public interest concerns raised by such transactions.

Bit Brother Limited Receives Notice of Delisting from Nasdaq

CHANGSHA, China , Jan. 25, 2024 /PRNewswire/ -- Bit Brother Limited (the "Company," "we", or "Bit Brother") (NASDAQ: BETS) is pleased to announce that all equipment for the operation of our second cryptocurrency mining farm have been delivered. Due to the extremely cold weather in mid-January in Texas some of the equipment delivery which were expected to be delivered before January 10, 2024 were not delivered until January 19, 2024.

BETS Announces Delivery of the All Equipment at the Second Mining Farm

CHANGSHA, China , Jan. 15, 2024 /PRNewswire/ -- Bit Brother Limited (the "Company," "we", or "Bit Brother") (NASDAQ: BETS) announced its unaudited mining farm operation results for the calendar year 2023 ended December 31, 2023. The Company currently operates two mining farms in the U.S. Site 1 at Clyde Texas started operations on January 17, 2023 and reached full 6MW capacity in last May after installing 1.5 MW miner servers.

BETS Announces Calendar Year 2023 Mining Operation Results

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Bitcoin mining stocks are in a freefall. Marathon Digital (MARA) stick price is on track for the third straight weekly decline even after the SEC approved a spot Bitcoin ETF.

Here's why are MARA, BETS, RIOT, HUT stocks plunging

Bit Brother (NASDAQ: BETS) stock price has been in a freefall even as its popularity among day traders has risen. While the shares jumped by 13% on Monday, they remain near their record low.

Bit Brother: What is the future of BETS stock price?

CHANGSHA, China , Jan. 2, 2024 /PRNewswire/ -- Bit Brother Limited (the "Company," "we", or "Bit Brother") (NASDAQ: BETS) announced the execution of a consulting agreement with Cruxforce, LLC, aiming to find a mining farm with sufficient power supply for the third site. In December 2023, Bitcoin once again sparked a remarkable surge, surpassing $45,000 per coin.

BETS Seeks for New Investment and Expansion Opportunities

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The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

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CHANGSHA, China , Dec. 6, 2023 /PRNewswire/ -- Bit Brother Limited (the "Company," "we", or "Bit Brother") (NASDAQ: BETS) is pleased to announce that its 2-acre cryptocurrency mining farm site located in Abilene, Texas received a Certificate of Occupancy and is scheduled to commence operations by early 2024. In the application and preparation process, the Company's operation team has adjusted a clear distinction between the industrial operations and the residential area in its mining farm in Abilene, Texas in accordance with the Abilene City code.

BETS Abilene TX Mining Farm Received a Certificate of Occupancy and is Scheduled to Commence Operations in Early 2024

Bit Brother (NASDAQ: BETS) stock price has collapsed amid continuing going concern issues about the company. The shares surged to a high of $415.32 in 2019 and have plunged to a low of $0.033.

News for Bit Brother Ltd Stock (BETS)