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.

CHANGSHA, China , Feb. 14, 2023 /PRNewswire/ -- Bit 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.

BTB to Release Video Conference with Mark Hunter on the Topic of Naked Short Selling

CHANGSHA, China , Feb. 8, 2023 /PRNewswire/ -- Bit 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 and ChatGPT, cooperating with relevant scientific research institutions and conducting in-depth research in related technologies.

Bit Brother: Optimizing Tea Chain Business with AIGC and ChatGPT Technologies

CHANGSHA, China , Feb. 7, 2023 /PRNewswire/ -- Bit 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.

Bit Brother Announces Delivery of Another 400 S19J Pro Mining Servers

CHANGSHA, China , Jan. 30, 2023 /PRNewswire/ -- Bit 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.

Bit Brother's Retained a former SEC Enforcement Attorney to Further Explore Counteractions Against the Suspected Illegal Shorting

CHANGSHA, China , Jan. 27, 2023 /PRNewswire/ -- Bit 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.

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/S

CHANGSHA, China , Jan. 25, 2023 /PRNewswire/ -- Bit 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. Blockworx1 is offering to sell 2-acre tract of land zoned for industrial use located at 5418 Lockheed Way, Abilene, TX 79603 ("property") that includes 5 MW of existing electrical load capacity with a potential to be scaled up to 10 MW of total electrical load capacity.

Bit Brother Reached Potential Collaboration with Blockworx1 for a Sell Price of $1,200,000

CHANGSHA, China , Jan. 24, 2023 /PRNewswire/ -- Bit 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: Started collecting evidence and may seek help from regulatory authorities. Reached out legal counsels and shareholder intelligence service firms about engagement of these professionals.

Bit Brother Special Task Force Took Further Actions to Address Suspected Illegal Shorting

CHANGSHA, China , Jan. 23, 2023 /PRNewswire/ -- Bit Brother Limited (the "Company," "we", "BTB" or "Bit Brother") (NASDAQ: BTB) is pleased to announce till the time this Press Release is published, all 1,400 S19J Pro cryptocurrency mining servers have been operating with the total hash rate of 140,000 TH/S in Texas mining farm, which is owned by BTB's subsidiary Bit Brother New York Inc ("BTB NY"). And 2.39 Bitcoin has been mined.

Bit Brother Announced 2.39 Bitcoin has been Mined

CHANGSHA, China , Jan. 20, 2023 /PRNewswire/ -- Bit Brother Limited ("Bit Brother," "We" or the "Company") (NASDAQ: BTB), announced today the closing on January 20, 2023 of its previously announced registered direct offering of 1,569,444 Class A ordinary shares and warrants to purchase 2,354,166 Class A ordinary shares at a purchase price of $4.50 per share for gross proceeds of $7.1 million. The warrants are exercisable immediately upon the date of issuance and have an exercise price of $4.50.

Bit Brother Limited Closes Previously Announced $7.1 Million Registered Direct Offering

CHANGSHA, China , Jan. 20, 2023 /PRNewswire/ -- Bit Brother Limited ("Bit Brother", "BTB", "We" or the "Company") (NASDAQ: BTB) announced today that its Board of Directors has approved the formation of a Special Task Force to address suspected illegal shorting of its stock. The Special Task Force plans to engage competent counsel and/or investigation professionals and to take all possible actions to identify and prosecute those involved in the market manipulation of BTB's stock, especially the institutions or individuals involved in illegal naked short selling.

Bit Brother's Board of Directors Forms a Special Task Force to Investigate Suspected Illegal Short of its Stock

CHANGSHA, China , Jan. 18, 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 $7.1 million of its ordinary shares and warrants in a registered direct offering. Under the terms of the securities purchase agreement, Bit Brother has agreed to sell 1,569,444  ordinary shares and warrants to purchase 2,354,166  ordinary shares.

Bit Brother Limited Announces Pricing of $7.1 Million Registered Direct Offering

CHANGSHA, China , Jan. 17, 2023 /PRNewswire/ -- On December 22, 2022, Bit Brother Limited (the "Company," "we", "BTB" or "Bit Brother") (NASDAQ: BTB), through its subsidiary Bit Brother New York Inc ("BTB NY"), purchased 1,400 S19J Pro cryptocurrency mining servers from Grand Flourish Inc. for an aggregate purchase price of US$2,329,600. Each server has a hash rate of approximate 100 TH/S.

Bit Brother Received 1,400 Mining Machines and Expect to Generate Approximate 14.15 BTC Per Month

CHANGSHA, China , Jan. 9, 2023 /PRNewswire/ -- Bit Brother Limited (the "Company," "we" or "Bit Brother") (NASDAQ: BTB), is pleased to announce that on December 30, 2022, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC ("Nasdaq") notifying the Company that it has regained compliance with the Nasdaq's minimum bid price requirement and the matter is closed. On January 4, 2022, the Company was first notified by Nasdaq its failure to maintain a minimum bid price of $1.00 per share for 30 consecutive business days under Nasdaq Listing Rules 5550(a)(2) and 5810(c)(3)(A), and was given its first 180-day extension, or until July 5, 2022 to regain compliance.

Bit Brother Ltd. Regains Compliance with Nasdaq Minimum Bid Price Requirements for Continued Listing

CHANGSHA, China , Jan. 4, 2023 /PRNewswire/ -- Bit Brother Limited (the "Company," "we" or "Bit Brother") (NASDAQ: BTB) announces execution of a series of agreements marking launch of its crypto mining business in the U.S. On December 13, 2022, our wholly owned subsidiary, Bit Brother New York Inc. ("BTB NY"), entered into a retail power sales agreement with Pumpjack Power, LLC, ("Pumpjack") for the supply of electrical energy to BTB NY to operate its facilities in the Texas ERCOT region. Pumpjack, an Option 2 Retail Electric Provider ("REP"), is engaged in the retail marketing of electric energy in the Texas ERCOT market.

Bit Brother's Crypto Mining Projects Achievements in Texas

A 1-for-15 reverse split of Bit Brother (BTB) stock has gone into effect. These are the details.

Bit Brother (BTB) Stock: 1-For-15 Reverse Split Goes Into Effect

CHANGSHA, China , Dec. 14, 2022 /PRNewswire/ -- Bit Brother Limited (the "Company," "we" or "Bit Brother") (NASDAQ: BTB), today announced that a 1 for 15 reverse split of its Class A ordinary shares was approved by the Company's board of directors on September 29, 2022 and is expected to become effective on or around December 15, 2022. Upon the effectiveness of the reverse share split, Bit Brother shareholders will receive one new Class A ordinary share of Bit Brother for every fifteen shares they hold.

Bit Brother Announces 1 for 15 Reverse Share Split

BTB Real Estate Investment Trust (OTC:BTBIF) Q2 2022 Results Earnings Conference Call August 9, 2022 10:00 AM ET Company Participants Michel Léonard - President and Chief Executive Officer Peter Picciola - Vice President and Chief Investment Officer Mathieu Bolté - Vice President and Chief Financial Officer Conference Call Participants Tom Callaghan - RBC Capital Markets Matt Kornack - National Bank Gaurav Mathur - iA Capital Chris Koutsikaloudis - Canaccord Operator Good morning. My name is Sylvie, and I will be your conference facilitator today.

BTB Real Estate Investment Trust (BTBIF) CEO Michel Léonard on Q2 2022 Results - Earnings Call Transcript

CHANGSHA, China, Aug. 10, 2022 /PRNewswire/ -- Bit Brother Limited (the "Company," "we" or "Bit Brother") (NASDAQ: BTB), through its subsidiary in New York, Bit Brother New York Inc., entered into a lease agreement with Petawatt Properties LLC, a Wyoming limited liability company ("Petawatt"), which marks the initial step for the parties to jointly develop the cryptocurrency and blockchain business in North America. On August 2, 2022, Bit Brother New York and Petawatt entered into a lease agreement for a 22-acre plant in Carthage New York.

Bit Brother New York Signs Lease Agreement with Access to 62.5MW of Green Power: Substantial First Step in Blockchain Transformation

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News for Bit Brother Ltd Stock (BTB)