Bit Brother Ltd

Bit Brother Ltd. Is a holding company, which engages in the supply and distribution of tea beverages and related products. The company was founded on November 28, 2011 and is headquartered in Changsha, China.

Bit Brother Ltd. Is a holding company, which engages in the supply and distribution of tea beverages and related products. It operates through the Tea Shop Chains, and Block Chain and Digital Asset Mining segments. The company was founded on November 28, 2011, and is headquartered in Changsha, China.

BTB REIT's third quarter showed continued strength in the office sector, but a new industrial vacancy dragged overall occupancy levels. Refinancing the convertible debentures via additional mortgages on existing properties helped the bull case. We examined the numbers and tell you why this REIT is forcing us to raise our "buy-under" price.

BTB REIT: High Yielder Is Convincing Skeptics

BTB Real Estate Investment Trust (OTC:BTBIF) Q3 2024 Earnings Conference Call November 5, 2024 9:00 AM ET Company Participants Michel Léonard - President and CEO Marc-Andre Lefebvre - VP, CFO Stephanie Leonard - Senior Director of Leasing Charles Dorais Bédard - Senior Director-Finance Conference Call Participants Matt Kornack - National Bank Financial Sumayya Syed - CIBC Operator Good morning. My name is Eric, and I will be your conference call facilitator today.

BTB Real Estate Investment Trust (BTBIF) Q3 2024 Earnings Call Transcript

BTB Real Estate Investment Trust (OTC:BTBIF) Q1 2024 Earnings Conference Call May 7, 2024 9:00 AM ET Company Participants Michel Leonard - President and CEO Bruno Meunier - Vice President of Operations Charles Dorais Bedard - Senior Finance Director Stephanie Leonard - Head of Leasing for BTB Conference Call Participants Matt Kornack - National Bank Financial Sumaya Syed - CIBC Operator Good morning. My name is Julie and I will be your conference call facilitator today.

BTB Real Estate Investment Trust (BTBIF) Q1 2024 Earnings Call Transcript

Since our last coverage, BTB Real Estate Investment Trust has done well and has also outperformed H&R REIT by a margin of 14.6%. Q4 2023 showed steady results and the company reported higher AFFO and FFO. We look at the risk factors and tell you why we think there is some more upside here.

BTB REIT: 10% Yield And Modest Upside

BTB Real Estate Investment Trust (BTBIF) Q4 2023 Earnings Call Transcript

CHANGSHA, China , Jan. 8, 2024 /PRNewswire/ -- Bit Brother Limited (the "Company," "we" or "Bit Brother") (NASDAQ: BTB), today announced that a 1 for 1,000 reverse split of its Class A ordinary shares and Class B ordinary shares was approved by the Company's board of directors on November 14, 2023 and is expected to become effective on or around January 10, 2024. Upon the effectiveness of the reverse share split, Bit Brother shareholders will receive one new Class A ordinary share of Bit Brother for every thousand shares they hold.

Bit Brother Announces 1 for 1,000 Reverse Share Split

CHANGSHA, China , Dec. 5, 2023 /PRNewswire/ -- Bit Brother Limited ("Bit Brother, " "We" or the "Company") (NASDAQ: BETS), announced today that it has entered into a securities purchase agreement with certain accredited investors to sell $12.0 million of its Class A ordinary shares, Class D warrants, and Class E warrants in a registered direct offering. Under the terms of the securities purchase agreement, Bit Brother has agreed to sell 184,615,385  Class A ordinary shares, Class D warrants to purchase 184,615,385 Class A ordinary shares, and Class E warrants to purchase 184,615,385 Class A ordinary shares at a combined purchase price of $0.065 per Class A ordinary share and associated warrants.

Bit Brother Limited Announces Pricing of $12.0 Million Registered Direct Offering

CHANGSHA, China , Dec. 1, 2023 /PRNewswire/ -- Bit Brother Limited (the "Company," "we", or "Bit Brother") (NASDAQ: BETS) is pleased to announce it purchased 3300 units of Antminer S19 miners, injecting powerful momentum into its Bitcoin mining operations. This substantial investment is expected to propelled Bit Brother's total hash rate to 400,000 TH/s assuming the 3300 units are fully functioning, further solidifying its emerging position in the cryptocurrency mining arena.

BETS Announces Purchase of 3300 units of S19 Miners

CHANGSHA, China , Nov. 29, 2023 /PRNewswire/ -- Bit Brother Limited (the "Company," "we", or "Bit Brother") (NASDAQ: BETS) is pleased to announce significant achievements regarding its 6MW mining farm at 1968 N Access Rd, Clyde, TX 79510. Over the past 11 months, the facility has generated a total value exceeding 120 BTC.

BETS has mined over 120 BTC, and the second site is about to launch

CHANGSHA, China , Nov. 15, 2023 /PRNewswire/ -- 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") notifying the Company that the Nasdaq Staff ("Staff") had determined to delist the Company's securities from Nasdaq based upon the Company's non-compliance with Nasdaq Listing Rule 5550(a)(2) and 5810(c)(3)(A)(iii), as the Company's securities had a closing bid price of $0.10 or less for 11 consecutive trading days from October 26 through November 9, 2023.  The notice has no immediate impact on the Company's listing and trading, as the Company intends to request a hearing before the Panel by November 17, 2023.

Bit Brother Limited Received Nasdaq Delisting Letter Regarding Bid Price Deficiency

BTB Real Estate Investment Trust (OTC:BTBIF) Q3 2023 Earnings Conference Call November 7, 2023 9:00 AM ET Company Participants Michel Leonard - President and CEO Mathieu Bolte - EVP, COO and CFO Conference Call Participants Tom Callaghan - RBC Capital Markets Matt Kornack - National Bank Mark Rothschild - Canaccord Genuity Gaurav Mathur - Laurentian Bank Operator Good morning. My name is Jewel, and I will be your conference facilitator today.

BTB Real Estate Investment Trust (BTBIF) Q3 2023 Earnings Call Transcript

CHANGSHA, China , Oct. 26, 2023 /PRNewswire/ -- Bit Brother Limited ("Bit Brother, " "We" or the "Company") (NASDAQ: BETS), announced today that it has entered into a securities purchase agreement with certain accredited investors to sell $5.04 million of its Class A ordinary shares, Class B warrants and Class C warrants in a registered direct offering. Under the terms of the securities purchase agreement, Bit Brother has agreed to sell 14,000,000 Class A ordinary shares, Class B warrants to purchase 14,000,000 Class A ordinary shares, and Class C warrants to purchase 14,000,000 Class A ordinary shares at a combined purchase price of $0.36 per Class A ordinary share and associated warrants.

Bit Brother Limited Announces Pricing of $5.04 Million Registered Direct Offering

CHANGSHA, China , Sept. 12, 2023 /PRNewswire/ -- In December 2022, Bit Brother Limited (the "Company," "we" or "Bit Brother") (NASDAQ: BTB), through its subsidiary in New York, Bit Brother New York Inc. ("BTB NY"), entered into a "Hedged Electricity Price" power supply agreement with a retail electricity provider (REP) within the jurisdiction of the Electric Reliability Council of Texas (ERCOT) for a term of 5 years.

Bit Brother New York Saved $200,000 in Electricity Costs Through the "Hedged Electricity Price" Power Supply Agreement

CHANGSHA, China , Sept. 6, 2023 /PRNewswire/ -- Bit Brother Limited (the "Company," "we" or "Bit Brother") (NASDAQ: BTB), announced that the Company will be changing its ticker symbol from "BTB" to "BETS".

Bit Brother Limited Announces Nasdaq Ticker Symbol Change to "BETS"

BTB Real Estate Investment Trust (OTC:BTBIF) Q2 2023 Results Conference Call August 8, 2023 9:00 AM ET Company Participants Michel Léonard - President and CEO Mathieu Bolté - EVP, COO, and CFO Conference Call Participants Mark Rothschild - Canaccord Matt Kornack - National Bank Financial Gaurav Mathur - iA Capital Markets Operator Good morning. My name is Chanel, and I will be your conference call facilitator today.

BTB Real Estate Investment Trust (BTBIF) Q2 2023 Earnings Call Transcript

BTB REIT offers a yield of ~9% with an FFO payout ratio of ~60%. BTB REIT is undervalued relative to historical P/B ratios due to a high proportion of office properties. BTB REIT has office properties that are 'off downtown core' which have performed better than downtown office properties.

BTB REIT: Why The Market Is Wrong About This Value Play

CHANGSHA, China , July 14, 2023 /PRNewswire/ -- Bit Brother Limited ("Bit Brother, " "We" or the "Company") (NASDAQ: BTB), announced today that it has entered into a securities purchase agreement with certain accredited investors to sell $50 million of its Class A Ordinary Shares in a registered direct offering. Under the terms of the securities purchase agreement, Bit Brother has agreed to sell 2,000,000,000 Class A Ordinary Shares.

Bit Brother Limited Announces Pricing of $50 Million Registered Direct Offering

CHANGSHA, China , May 22, 2023 /PRNewswire/ -- Bit 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 Listing Rule 5550(a)(2). The notification received has no immediate effect on the listing of the Company's ordinary shares on Nasdaq.

Bit Brother Ltd. Received Nasdaq Notification Letter Regarding Bid Price Deficiency

BTB Real Estate Investment Trust (OTC:BTBIF) Q1 2023 Earnings Conference Call May 9, 2023 9:00 AM ET Company Participants Michel Léonard - President and CEO Mathieu Bolté - EVP, COO, and CFO Conference Call Participants Mark Rothschild - Canaccord Munish Garg - Laurentian Bank Gaurav Mathur - iA Capital Markets Tom Callaghan - RBC Capital Markets Matt Kornack - National Bank Financial Operator Good morning. My name is Julie, and I will be your conference call facilitator today.

BTB Real Estate Investment Trust (BTBIF) Q1 2023 Earnings Call Transcript

CHANGSHA, China , May 12, 2023 /PRNewswire/ -- Bit 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.

Bit Brother Announces First Fully Loaded Texas Mining Farm and Development of Second Mining Farm

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BTB Real Estate Investment Trust (OTC:BTBIF) Q4 2022 Results Conference Call February 28, 2023 9:00 AM ET Company Participants Michel Léonard - President and Chief Executive Officer Mathieu Bolté - Vice President and Chief Financial Officer Conference Call Participants Tom Callaghan - RBC Capital Markets Gaurav Mathur - iA Capital Markets Munish Garg - Laurentian Bank Anthony Bogdan - National Bank Operator Good morning. My name is Julie, and I will be your conference call facilitator today.

BTB Real Estate Investment Trust (BTBIF) Q4 2022 Earnings Call Transcript

CHANGSHA, China , Feb. 24, 2023 /PRNewswire/ -- Bit 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.

Bit Brother Generated over 15 Bitcoins from Texas Mining Farm Since Jan 17, 2023

BTB REIT focuses on industrial, office and retail assets. The monthly distribution of C$0.025 per share is well-covered thanks to the AFFO of in excess of C$0.40 per share.

News for Bit Brother Ltd Stock (BTB)