Bit Brother Ltd (BETSF)

[BeamMeUpScotty]

$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.