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Thanks for posting what the RSI was. It was your posts that I used my friend.
Thanks to everyone who’s posted bits and pieces of information in this post that I have used.
This is a great board and I’m enjoying reading the posts here. Thank you for everyone’s help in filling in the gaps in my knowledge about the stock.
It is appreciated!
BITCOIN HAS JUST PASED $40,000.00
Liking this a lot.
Folks will looking at BETS with a lot more interest overnight.
$BETS is a Bitcoin mining stock. As $BTC Bitcoin fast approaches $39K. $BETS has bought 3000 S19 mining rigs making 3300 in total.
$BETS I think someone on StockTwits said that the RSI is still only about 15 and that’s after a 50% move upwards today!
Tonight Bitcoin is fast approaching $39K so this purchase by company clearly puts them into the top tier of Bitcoin miners!
I’ve read that they also have $50m cash on hand so there’s very little chance of another offering.
The previous offering a couple of months ago was at 30c. So plenty of room to move back up.
52 week high is $12.00.
Here’s the press release!
https://www.otcmarkets.com/stock/BETS/news/story?e&id=2706184
$BETS is a Bitcoin mining stock. As $BTC Bitcoin fast approaches $39K. $BETS has bought 3000 S19 mining rigs making 3300 in total.
$BETS I think someone on StockTwits said that the RSI is still only about 15 and that’s after a 50% move upwards today!
Tonight Bitcoin is fast approaching $39K so this purchase by company clearly puts them into the top tier of Bitcoin miners!
I’ve read that they also have $50m cash on hand so there’s very little chance of another offering.
The previous offering a couple of months ago was at 30c. So plenty of room to move back up.
52 week high is $12.00.
Here’s the press release!
https://www.otcmarkets.com/stock/BETS/news/story?e&id=2706184
$BETS Bitcoin Mining stock. Due Diligence Post. Worth
This post gives a good outline of the potential for the stock.
Bit Brother Ltd is a multifaceted corporation with operations spanning business management in China and blockchain and cryptocurrency ventures in the United States. Within the U.S. jurisdiction, the company strategically manages and integrates cryptocurrency mining facilities. With a dedicated team of specialists, company has successfully expanded two mining ventures and is committed to further growth. For more information, please visit: www.bitbrother.com.
$BETS on Friday the company put out a press release stating that they had ordered another 3300 Ant S19 Bitcoin mining rigs.
I have seen other posts from people who have looked into this more carefully and they state that the company now has 5000 Bitcoin mining rigs.
Here’s a link to the pres release:
https://www.otcmarkets.com/stock/BETS/news/story?e&id=2706184
Link to the company website:
https://web.bitbrother.com/
This is a Nasdaq stock bouncing off 52 week lows last week.
The 52 week high is $12.00.
The RSI is 19 at the moment.
The recent offering was at 30c. The company now has $50m cash on hand which is 10X the current market capitalisation.
BETS has mined over 120 BTC, and the second site is about to launch.
Here’s the press release:
https://www.otcmarkets.com/stock/BETS/news/story?e&id=2703602
Insiders have recently been buying and substantially increasing their holdings in the stock
Matthew J Ruck now owns 14.6m shares.
https://www.otcmarkets.com/filing/html?id=17088945&guid=SmJ-keSyii5PB3h
As always, everyone should do their own research.
Once again please note that the stock is a Nasdaq stock so it will trade from 4am EST until 8pm EST.
$BETS Due Diligence Post.
This post gives a good outline of the potential for the stock.
Bit Brother Ltd is a multifaceted corporation with operations spanning business management in China and blockchain and cryptocurrency ventures in the United States. Within the U.S. jurisdiction, the company strategically manages and integrates cryptocurrency mining facilities. With a dedicated team of specialists, company has successfully expanded two mining ventures and is committed to further growth. For more information, please visit: www.bitbrother.com.
$BETS on Friday the company put out a press release stating that they had ordered another 3300 Ant S19 Bitcoin mining rigs.
I have seen other posts from people who have looked into this more carefully and they state that the company now has 5000 Bitcoin mining rigs.
Here’s a link to the pres release:
https://www.otcmarkets.com/stock/BETS/news/story?e&id=2706184
Link to the company website:
https://web.bitbrother.com/
This is a Nasdaq stock bouncing off 52 week lows last week.
The 52 week high is $12.00.
The RSI is 19 at the moment.
The recent offering was at 30c. The company now has $50m cash on hand which is 10X the current market capitalisation.
BETS has mined over 120 BTC, and the second site is about to launch.
Here’s the press release:
https://www.otcmarkets.com/stock/BETS/news/story?e&id=2703602
Insiders have recently been buying and substantially increasing their holdings in the stock
Matthew J Ruck now owns 14.6m shares.
https://www.otcmarkets.com/filing/html?id=17088945&guid=SmJ-keSyii5PB3h
As always, everyone should do their own research.
Looks like another cup and handle formed on the chart possible close over 5c is possible with sustained buying pressure still into the final hour of after hours trading on a Friday night the week after Thanksgiving.
Well December sure got off to a great start!
Someone posted on StockTwits that they now have 5000 mining rigs. If that’s correct their annual revenues will be knocked well out of the park!
Amazing. Makes perfect sense! That’s the trifecta then?
1) Trending on StockTwits
2) Number one on the Breakout Boards on IHub
3) Wall Street Bets has also taken an interest! It
Yup perfect storm brewing.
See the press release for yourselves folks.
https://www.otcmarkets.com/stock/BETS/news/story?e&id=2706184
BETS Announces Purchase of 3300 units of S19 Miners
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. The Company's technical team, through relentless efforts, optimized the performance of the mining machines, enhancing mining efficiency to generate more substantial returns for investors.
Mr. Jack Wu, CEO of Bit Brother stated, "We are incredibly proud of the achievement we have made. This marks a significant success in our strategic expansion in the Bitcoin mining sector. The acquisition of Antminer S19 miners is part of our ongoing efforts to ensure our mining operations remain highly competitive."
About Bit Brother Limited
Bit Brother Ltd is a multifaceted corporation with operations spanning business management in China and blockchain and cryptocurrency ventures in the United States. Within the U.S. jurisdiction, the company strategically manages and integrates cryptocurrency mining facilities. With a dedicated team of specialists, company has successfully expanded two mining ventures and is committed to further growth. For more information, please visit: www.bitbrother.com.
Forward-Looking Statements
Gap to fill at 45c. Nobody here will be complaining when it fills!
Setting up nicely for 5c break and hold. Looks like it broke out from the descending wedge pattern! Never fails.
Wanted to buy that one at 0.004444 but couldn’t find an exchange to buy from that didn’t want you to buy with Bitcoin.
Instead, now I just mine free coins of which some will be going live on the Mainet next year.
Once those come in I’ll probably buy a big chunk of XRP as well to buy set and forget and wait for the day when that one replaces the SWIFY system which is what I believe they’re working towards. Then I won’t have to pay extortionate fees to send money internationally and it will be almost instant. Finally.
Looks like a descending wedge pattern forming on the chart. Once the point forms it can break out strongly to the upside.
Yup the RSI is just ridiculously low even at that level.
Plenty of room to move upwards!
It’s trending on StockTwits and has 15,000 followers over there so it will get a lot of attention this weekend as people find the press release.
https://www.otcmarkets.com/stock/BETS/news/story?e&id=2706184
Good to see you too my friend. Looking good here.
$BETS Bitcoin mining stock. As $BTC Bitcoin fast approaches $39K. $BETS has bought 3000 S19 mining rigs making 3300 in total.
$BETS I think someone on StockTwits said that the RSI is still only about 15 and that’s after a 50% move upwards today!
Tonight Bitcoin is fast approaching $39K so this purchase by company clearly puts them into the top tier of Bitcoin miners!
I’ve read that they also have $50m cash on hand so there’s very little chance of another offering.
The previous offering a couple of months ago was at 30c. So plenty of room to move back up.
52 week high is $12.00.
Here’s the press release!
https://www.otcmarkets.com/stock/BETS/news/story?e&id=2706184
As $BTC Bitcoin fast approaches $39K. $BETS has bought 3000 S19 mining rigs making 3300 in total.
$BETS I think someone on StockTwits said that the RSI is still only about 15 and that’s after a 50% move upwards today!
Tonight Bitcoin is fast approaching $39K so this purchase by company clearly puts them into the top tier of Bitcoin miners!
I’ve read that they also have $50m cash on hand so there’s very little chance of another offering.
The previous offering a couple of months ago was at 30c. So plenty of room to move back up.
52 week high is $12.00.
Here’s the press release!
https://www.otcmarkets.com/stock/BETS/news/story?e&id=2706184
As $BTC Bitcoin fast approaches $39K. $BETS has bought 3000 S19 mining rigs making 3300 in total.
$BETS I think someone on StockTwits said that the RSI is still only about 15 and that’s after a 50% move upwards today!
Tonight Bitcoin is fast approaching $39K so this purchase by company clearly puts them into the top tier of Bitcoin miners!
I’ve read that they also have $50m cash on hand so there’s very little chance of another offering.
The previous offering a couple of months ago was at 30c. So plenty of room to move back up.
52 week high is $12.00.
Here’s the press release!
https://www.otcmarkets.com/stock/BETS/news/story?e&id=2706184
$BETS I think someone on StockTwits said that the RSI is still only about 15 and that’s after a 50% move upwards today!
As Bitcoin is fast approaching $39K right now the company has just bought 3000 S19 mining rigs and already owned 300!
I’ve read that they also have $50m cash on hand so there’s very little chance of another offering.
The previous offering a couple of months ago was at 30c. So plenty of room to move back up.
52 week high is $12.00.
Here’s the press release!
https://www.otcmarkets.com/stock/BETS/news/story?e&id=2706184
Just patiently waiting until Sid stops dealing with ING and probably carries on the court action.
He’s still got to take HSBC to court for destroying one of the bonds!
Oh dearee me this didn’t age well!
When I looked at his twitter account. I tweeted him to put the $BLEG ticker on his bio so people would also find his account and follow him. He changed it as soon as I suggested.
So I’m sure he’s reading a lot of stuff to keep his pulse on market sentiment.
Well if this is the lunch time tip better buckle up into power hour!
Well the CEO just liked this tweet below so it looks like they have a few pleasant surprises in store for their shareholders.
“$BLEG Looks like there’s still a lot of exciting events in the pipeline and maybe a few very pleasant surprises hidden amongst them.”
There is no gap to fill. The chart already covered the area that the farty old basher wants you to believe needs to be filled!
Hilariously funny.
There is no gap! Now run along sonny and find something to play with!
Everyone should note that the person who’s trashing this company non stop is also trading this stock.
That’s all you need to know to understand what he actually thinks about the company.
Notice how when it’s quiet folks the creepy folks show up desperately trying to create selling pressure so they can swing the stock again! Too funny.
Investors here know what they own. They aren’t going to engage with someone talking rubbish. The chart and accumulation says everything we need to know.
44’s are already on deck already. Doesn’t take much buying pressure to move this back up and the higher it goes the thinner it gets.
CEO Dave Oswald is actively monitoring Twitter. He liked one of my posts shortly after I posted it. He’s interested to see what traders reaction is to the news.
Don’t trip and break your neck on the way out!
Hardly anything on the ask! This is getting thinner and thinner the higher it goes.
Moving up to fair value with even greater catalysts to come.
We still have news about the $6m revenues acquisition to come as well! Looks like the market likes the news as much as we do!
$BLEG Another 700m shares to be retired from the outstanding share count as well.
See paragraph 3
“In conjunction with this significant retirement, Branded Legacy is on track to continue the retirement of an additional 700 million restricted Common shares. This action is a clear demonstration of the company's commitment to reducing its share count and thereby increasing the intrinsic value of its stock.”
https://ih.advfn.com/stock-market/USOTC/branded-legacy-pk-BLEG/stock-news/92666675/branded-legacy-commences-buyback-of-1-000-000-pref
This company has wisely released its news on ADVN Newswire service where it will get seen!
Good to see you back as well dude. I thought Covid had got you it’s been so long!
What happened to Gonzilee did he change his name
You’d best see my message on your favorite stock of the moment. If CJ shows up there you’re in trouble.
Not if you are on it. It’ll get flipped into the ground by you. Trash my stock and I’ll bring the team over to trash this one.