$$$$$$$
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From red to green?
81's up & getting hit! $BETS
80's falling fast!
Hard to get filled at bid right now... Sellers done already?
How many 79's left or sold out already too?
77's & 78's gone also?
Cuz of that, lucky me waited to add more. 75s & 76s gone already?
Yum Yum! Those 74s tastes even better, thank you very much.
More bids are waiting to be executed at lower PPS fyi. TIA~
$BETS >>> All PRs & updated DD! $$$$$$$$
(1. & 2. = 2024!)
1. 14 February 2023
Mr. Ralph Jones, CEO of the subsidiary Bit Brother New York Inc, held a video
conference with Mr. Mark Hunter, a former SEC enforcement lawyer, to discuss
specific details of countering naked short selling. The Company's Special Task Forcewill continual to fight back against short sales .
2. 8 February 2023
Subsequently, we plan to increase its investment in AIGC and ChatGPT, cooperatingwith relevant scientific research institutions and conducting in-depth research in
related technologies. We expect that through the application of ChatGPT technologyin our business, we could further enrich product-related text and video content, product selling point descriptions, etc. and significantly improve its conversion rate.
3. 7 February 2023
is pleased to announce that additional 400 S19J Pro Mining Servers purchased fromBlockworx1 LLC were delivered to the Company's Texas mining farmon February3, 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. With the
additional 400 servers, an aggregate hash rate of 180,000 TH/S will be reached, assuming all the rigs operate as expected.
4. 30 January 2023
announced the Special Task Force of the Company engaged Mark David Hunter, Esqin 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.
5. 27 January 2023
through its subsidiary Bit Brother New York Inc ("BTB NY"), entered into brokerageagreement with Blockworx1, LLC to purchase 400 S19J Pro cryptocurrency miningservers . All 400 servers are expected to be delivered within 21 days. Each server has
a hash rate of approximate 100 TH/S. As of today, BTB NY has 1,400 S19J Pro inoperation. With the additional 400 servers, by using the data from Ultimuspool, a
mining pool solution provider, and the settlement method of Full Pay Per Share
(FPPS), we estimate that our servers can generate a total value of 0.6065 BTCper day, and thus approximately 18.19 BTC per month, assuming all these machines operate as
expected.
6. 25 January 2023
through its subsidiary Bit Brother New York Inc ("BTB NY"), signed an LOI withBlockworx1 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 locatedat
5418 Lockheed Way, Abilene, TX 79603 ("property") that includes 5 MWof existingelectrical load capacity with a potential to be scaled up to 10 MWof total electrical
load capacity. Blockworx1 will also Development services to complete the build out
of the aforementioned property for the purpose of cryptocurrency mining, includingsite design, selection and oversight of contractors, coordination in obtaining project
approval and final inspection sign-off, negotiation and procurement of power
purchase agreement(s) for 5 MW of electrical load, advisory and support
for cryptocurrency mining hardware, and post-electrification site management to
operationalize 5 MW of mining capacity
7. 24 January 2023
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.
- conducted preliminary analysis of potential corporate actions including but not
limited to share repurchase, special dividend, and dual listing.
8. 23 January 2023
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 hashrateof140,000 TH/S in Texas mining farm, which is owned by BTB's subsidiaryBit
Brother New York Inc ("BTB NY"). And 2.39 Bitcoin has been mined.
9. 20 January 2023
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 2,354,166Class 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. The warrants will expire five years fromthe dateof issuance.
10. 18 January 2023
announced today that it has entered into a securities purchase agreement with certainaccredited 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. The
warrants will be exercisable immediately upon the date of issuance and have an
exercise price of $4.50. The warrants will expire five years from the date of issuance. The purchase price for one ordinary share and one corresponding warrant will
be $4.50. The gross proceeds to Bit Brother are estimated to be $7.1 million before
deducting the placement agent fees and other estimated offering expenses. The registered direct offering is expected to close on or about January 20, 2023, subject to the satisfaction of customary closing conditions.
11. 17 January 2023
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. All servers are new with a warranty of 6 months. As of today all 1,400 servers
have been delivered. BTB started operating these servers. By using the datafromUltimuspool, a mining pool solution, and the settlement method of Full PayPer
Share
(FPPS), we estimate that our servers can generate a total value of 0.4717 BTCper day, and thus approximately 14.15 BTC per month, assuming all these machine operate as
expected.
12. 9 January 2023
is pleased to announce that on December 30, 2022, the Company received a
notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQStock Market LLC ("Nasdaq") notifying the Company that it has regained compliancewith 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 maintaina 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-dayextension, or until July 5, 2022 to regain compliance. On July 7, 2022, the Companyreceived a second 180-day extension from Nasdaq or until January 2, 2023 to regaincompliance. Effective December 15, 2022, the Company effected a fifteen-to-one
(15-to-1) reverse split of its Class A Ordinary Shares, which was reflected with
Nasdaq and in the marketplace at the opening of business on December 15, 2022.
13. 4 January 2023
announces execution of a series of agreements marking launch of its crypto miningbusiness 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 BTBNYto 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 theTexas ERCOT market. Pumpjack has proposed to supply BTB NY 4.5 MWof
capacity during January 1, 2023 to March 31, 2023, and 6 MWof capacity
during April 1, 2023 to December 31, 2027 for the contract price of $0.0525/kWh. BTB NY has agreed to purchase a minimum of 1 megawatt of capacity fromPumpjack and is expecting to use the maximum capacity Pumpjack can supply
14. 14 December 2022
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 expectedto become effective on or around December 15, 2022. Upon the effectiveness of the reverse share split, Bit Brother shareholders will receiveone new Class A ordinary share of Bit Brother for every fifteen shares they hold. Bit
Brother's Class A ordinary shares are expected to begin trading on a split-adjustedbasis when the market opens on December 15, 2022.
15. 10 August 2022
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 agreedtopay Petawatt an annual rent of $1 million for a term of ten years which could be
deducted from the purchase price if Bit Brother acquires majority equity interest of
Petawatt. Petawatt agreed to secure power supply agreements for 62.5MWof greenpower by September 1, 2022. Otherwise, Bit Brother New York may terminate the
lease and Petawatt shall return the $100,000 deposit it received If fully operational
with 62.5 MWs of power supply, the plant is expected to host 17,800 mining rigs withthe hash rate of 110TH assuming average hash power of 3.5kw/h per miner.
16. 7 January 2022
today that on January 4, 2022, the Company received a notification letter fromthe
Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC ("Nasdaq")
notifying the Company that the minimum bid price per share for its ordinary shares
has been below $1.00 for a period of 30 consecutive business days and the Companytherefore no longer meets the minimum bid price requirements set forth in NasdaqListing Rule 5550(a)(2)
17. 5 November 2021
is pleased to announce that it has regained compliance with Nasdaq's minimumbidprice requirement. On November 3, 2021, the Company received a written notification fromthe NasdaqStock Market Listing Qualifications Staff, indicating that the Company has regainedcompliance with the minimum bid price requirement for continued listing on The
Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) based on the
Company's closing bid price being $1.00 per share or greater for 10 consecutive
business days from October 20, 2021 to November 2, 2021.
today that on October 20, 2021, the Company received a notification letter fromtheNasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC("Nasdaq")
notifying the Company that the minimum bid price per share for its ordinary shares
has been below $1.00 for a period of 30 consecutive business days and the Companytherefore no longer meets the minimum bid price requirements set forth in NasdaqListing Rule 5550(a)(2).
19. 20 July 2021
today the closing on July 20, 2021 of its previously announced registered direct
offering of 15 million ordinary shares and warrants to purchase 15 million ordinaryshares at a purchase price of $1.50 per share for gross proceeds of $22.5 million. Thewarrants are exercisable immediately upon the date of issuance and have an exerciseprice of $1.50. The warrants will expire five years from the date of issuance. 20?16 July 2021
today that it has entered into a securities purchase agreement with certain accreditedinvestors to sell $22.5 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
15,000,000 ordinary shares and warrants to purchase 15,000,000 ordinary shares. Thewarrants will be exercisable immediately upon the date of issuance and have an
exercise price of $1.50. The warrants will expire five years from the date of issuance. The purchase price for one ordinary share and one corresponding warrant will be
$1.50. The gross proceeds to Bit Brother are estimated to be $22.5 million before
deducting the placement agent fees and other estimated offering expenses.
21. 13 July 2021
today announced it has entered into a non-binding letter of intent (the "LOI"), to
acquire 51% of Angelo's Pizza 1697 Inc., 1279 1st Avenue LLC, and 60th Street
Restaurant Corporation (collectively as "Angelo's Pizza"). Upon the completion of
the acquisition, all three chain restaurants will begin to accept cryptocurrency as a
form of payment.
22. 16 June 2021
is pleased to announce that effective on June 16, 2021, its name has changed fromUrban Tea Inc. to Bit Brother Limited, and its ticker symbol has changed fromMYTto BTB
Bit Brother New York Inc. ("Bit Brother NY"), has obtained the money services
business (MSB) license from the U.S. Financial Crimes Enforcement Network
(FinCEN) Department of the Treasury. The MSB license issued by FinCENallows
Bit Brother NY to act as a foreign exchange dealer, money transfer agent and seller of
money orders.
Link to $BETS' PDF: https://image.taobao.top/bitbrother/BTBPR.pdf
Mark David Hunter's Bio:
Just this alone keeps me optimistic that maybe they planned this all out as a trap for naked shorting. My theory.
1. They have shown interest and explored the battling of naked shorting in Q1 of 2023 (The Hope)
2. They release a stipulation of doing R/S if under .01 cents for over 5 days. (The Trap)
3. The stock of course gets attacked by greedy shorts that can't resist the opportunity. (The Greed)
4. Surprisingly Nasdaq allowed all of this and still no word on R/S, no suspensions or further delinquency notices. (The Unknown)
5. Instead we get an awesome PR on third location expansion plans and location 2 update pending. (The Sign)
6. All while The Company, The Attorneys and Nasdaq take note on all the criminal acts. (The Collaboration)
7. Finally, they release the explosive pr that destroys all naked shorts. Maybe extension, buyback, no rs, etc. (The Win)
Bullish
Ownership limitation matters not?
There's an anti mass-dilution protection imo.
Just check filings (6-K & SC_13G).
Cud be the perfect bear trap if there's an OL.
Happy cover. Better switch to long finally!?
Makes no sense to hold this back any longer.
$$$BETS$$$
$BETS >>> Coindesk: Bitcoin ETF Looks Very Likely Given These Bureaucratic SEC Steps
We see a 98% chance of approval in the next couple of weeks and the high likelihood of a
Bitcoin rally to follow. $BTCUSD
Link: https://www.coindesk.com/markets/2024/01/03/bitcoin-etf-looks-very-likely-given-these-bureaucratic-sec-steps/
$$$BETS$$$
Did anyone read today's news?
We're talking about a 200MW(!) $BTCUSD mine!
& MUCH MORE!!!
$BETS cud very well be the next #GAMESTOP!!!
New bottom in? Up-gap closed now.
Charts consolidated nicely.
Time for next up-leg already? $BETS
Pinkies? LOL! This is NASDAQ, dude.
Turning up here. Let's see $.02+ now. $BETS
$BETS @0.010101(!) > soon 0.101(!?!) > later 1.01(?)
..we will see soon enough.
I cud be wrong but 4sure possible imo. LFG!
$BTCUSD going much higher shortly I bet.
Prepare for up-leg #2, bro. $BETS
WOW! I like it. That's some huge news.
More to come... ;) Stay tuned!
Btw we have strong bid support @.01 range.
LFG $BETS! $$$$$$$$
News out! $BETS $$$$$$$$
$BETS >>> Santa_Claus_Trades @ST (Jan 01, 2024 2:14 AM):
I have all the Bill of Lading and Shipment details from each order they have received and future shipments coming. These are huge orders. Much, much more than for the 2nd Mine. 31 Shipments made so far to Texas.
I'll compile a list of every shipment, from who and where, and what was shipped, over the rest of the weekend, or better yet.....
Do your own DD at https://www.importgenius.com/
Put Bit Brother in search. You don't have to log in.
Something tells me they are moving quickly, setting up more mines. Looks like enough equipment to set up 2-3 more plants. 🤞
Bullish
$$$BETS$$$ $$$BTCUSD$$$
DT still shows $BETS' with an O/S @623.26m only, as of 12/31/2023 & as of current!?
Link: https://dilutiontracker.com/app/search/BETS
If O/S should be higher that would equal (even) more cash for Bit Brother.
So, if ya count with 800m+ ya need to add more cash to your calculation, bro.
Btw there cud be a 9.99% ownership limitation included to protect stock against mass-dilution?
So, it cud be the case that warrants not allowed to get execised above that mark?
I cud be wrong with that, anyone knows for sure?
Anyone here can confirm an ownership limitation or bring a proof that it's otherwise if not true?
$$$BETS$$$ $$$BTCUSD$$$
$BETS' Bitcoin live wallet has surpassed the $6m mark! Very nice. $$$$$$$$
Link to Bit Brother's $BTCUSD live wallet:
https://www.blockchain.com/de/explorer/addresses/btc/37frzvqQeAzf6hWj4J9zrEzZf4WJoo3sRR
$$$BETS$$$