Bit Brother Limited

Bit Brother Limited

BETS
Bit Brother LimitedUS flagNASDAQ Capital Market
2.78
USD
- -
- -
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Revenue

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Earnings Per Share

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Dividends Per Share

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Company Description

APIChat
CEO
Xianlong Wu
Full Time Employees
65
Sector
Financial Services
Industry
Financial - Capital Markets
Address
Kineer Business Centre Changsha People's Republic of China 410023
IPO Date
Jun 4, 2015
Business
Bit Brother Limited (OTC Pink: BETSF) is a British Virgin Islands holding company primarily engaged in cryptocurrency mining and blockchain operations in the United States, alongside business management services and legacy specialty tea product distribution in China. The company offers core products and services encompassing Bitcoin mining through self-managed facilities equipped with high-performance S19 miners, including operational sites in Abilene, Texas that collectively target monthly production of approximately 7 BTC; blockchain technology platforms for digital asset management and distribution; business management consulting and trademark licensing to retail operators; and tea-based beverages such as fresh milk tea, fruit tea, and milk cap tea, light meals including salads, sandwiches, pasta, steak, and burritos, as well as pastries like fresh baked bread and cakes. Founded in 2011 and headquartered at Kineer Business Centre, 15th Floor, Block A, Changsha, Hunan Province, China, Bit Brother conducts operations across China and the US, with subsidiaries including Bit Brother New York Inc. for mining ventures and variable interest entities such as Mingyuntang (Shanghai) Tea Co., Ltd. and Qingdao Ether Continent Digital Technology Co., Ltd. Recent developments include the June 2024 launch of its second cryptocurrency mining farm in Abilene, Texas with 1,368 S19 miners following certificate of occupancy approval; a strategic pivot to blockchain and mining since its May 2021 name change from Urban Tea, Inc.; receipt of a Nasdaq delisting notice with plans to appeal in early 2024; and prior equipment acquisitions such as 3,300 S19 miner units and a $5.04 million registered direct offering in late 2023 to support mining expansion.

Company News

APIChat
  • BETSF Announces Commencement of Operations of the Second Mining Farm

  • Bit Brother Limited Plans to Appeal Delisting Determination by Nasdaq Hearing Panel

  • What Is Going on With Bit Brother (BETS) Stock Today?

  • Bit Brother (BETS) short sellers prevail as the stock turns worthless

  • Here's why PHUN, BETS, and MULN stocks are so popular

  • Bit Brother Limited Receives Notice of Delisting from Nasdaq

  • BETS Announces Delivery of the All Equipment at the Second Mining Farm

  • BETS Announces Calendar Year 2023 Mining Operation Results

  • Here's why are MARA, BETS, RIOT, HUT stocks plunging

  • Bit Brother: What is the future of BETS stock price?

  • BETS Seeks for New Investment and Expansion Opportunities

  • BETS Abilene TX Mining Farm Received a Certificate of Occupancy and is Scheduled to Commence Operations in Early 2024

  • BETS Abilene TX Mining Farm Received a Certificate of Occupancy and is Scheduled to Commence Operations in Early 2024