Streetbeat News

BETS

Bit Brother Limited

CEO

Anatoly Danilitskiy

Industry

Paint and Coating Manufacturing

Open

N/A

Mkt cap

N/A

Volume

N/A

High

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P/E Ratio

N/A

52-wk high

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Low

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Div yield

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52-wk low

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Bit Brother has received a delisting notice from Nasdaq, indicating potential compliance issues or failure to meet the exchange's listing requirements. This development could significantly impact Bit Brother's stock visibility and investor confidence.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 9:07 pm

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 5:34 pm

Bit Brother Limited (BETS) has announced the delivery of all necessary equipment for its second cryptocurrency mining farm. The delivery, delayed due to extreme cold weather in Texas, includes approximately 1,400 miners and other essential equipment. The miners have been installed and tested, with the majority of other equipment assembly and testing completed. The company is now awaiting inspection by Abilene City and the issuance of a Certificate of Occupancy, anticipating the commencement of Site 2 in early February 2024.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 2:26 pm

Bit Brother shares have resumed trading. The article does not provide additional context or details regarding the reasons for the trading halt or the implications of the resumption.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 6:03 pm

United Airlines Holdings, Inc. (NASDAQ:UAL) shares rose by 6% in pre-market trading after reporting Q4 earnings of $2.00 per share, beating estimates of $1.70, and sales of $13.60 billion, above the expected $13.54 billion. However, the company anticipates a wider-than-expected loss for Q1. Other stocks also moved in pre-market trading, with notable gainers including vTv Therapeutics Inc. (VTVT) and losers such as Vroom, Inc. (VRM), which is discontinuing its ecommerce operations.

Portfolio Pulse from Avi Kapoor

January 23, 2024 | 12:55 pm

Bit Brother's stock price has increased following the company's request to withdraw its Registration Statement on Form F-3, which was initially filed with the SEC on January 16, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 9:23 pm

Bit Brother Ltd has filed a Form RW with the SEC, requesting the immediate withdrawal of its Form F-3 registration statement that was originally filed on January 16, 2024. Following this news, shares of Bit Brother spiked higher.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 9:14 pm

Bit Brother Limited (BETS) reported its 2023 mining operation results, with Site 1 mining approximately 136 bitcoins, generating about $6.2M in revenue. Site 1 also saved $1M in electricity through a special agreement. Site 2 in Texas is expected to start in January 2024, aiming for a monthly production of 12 BTC. BETS has partnered with Cruxforce, LLC to potentially develop a third site with a 40MW capacity. CEO Jack Wu anticipates further expansion and improved operations in 2024. The company emphasizes the complexity of accounting for cryptocurrency mining and warns investors not to rely solely on mining results.

Portfolio Pulse from Benzinga Newsdesk

January 15, 2024 | 11:30 pm

Wipro Limited (NYSE:WIT) shares surged over 16% after reporting Q3 results, guidance, and an interim dividend. Other stocks showed significant movement in Friday's mid-day session, with various gainers such as Charge Enterprises, Inc. (NASDAQ:CRGE) and losers like Genius Group Limited (NYSE:GNS). Notable movements included Flexsteel Industries, Inc. (NASDAQ:FLXS) rising after strong Q2 preliminary results and Delta Air Lines, Inc. (NYSE:DAL) falling post Q4 financial results and 2024 guidance.

Portfolio Pulse from Avi Kapoor

January 12, 2024 | 6:28 pm

VCI Global Limited (NASDAQ:VCIG) shares dropped approximately 30% in pre-market trading due to the announcement of a $2.75 million public offering. Other stocks experienced significant movements in pre-market trading, with notable gainers including Volcon, Inc. (NASDAQ:VLCN), Charge Enterprises, Inc. (NASDAQ:CRGE), and Flexsteel Industries, Inc. (NASDAQ:FLXS), which reported strong preliminary Q2 results. Conversely, SEALSQ Corp (NASDAQ:LAES) and Future FinTech Group Inc. (NASDAQ:FTFT) were among the pre-market losers, with FTFT's CEO being charged with fraud and disclosure failures by the SEC.

Portfolio Pulse from Avi Kapoor

January 12, 2024 | 12:52 pm

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