Bit Brother Limited
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Xianlong Wu
- Full Time Employees
- 67
- Sector
- Consumer Cyclical
- Industry
- Restaurants
- Address
- Building 1, Huitong Building Changsha People's Republic of China
- IPO Date
- Jun 1, 2015
- CIK
- 0001543268
- Website
- h-n-myt.com
- Similar Companies
- Business
- Bit Brother Limited (NASDAQ:BTB; OTC:BETSF) operates as a holding company primarily engaged in the retail and distribution of specialty tea products in China alongside cryptocurrency mining and blockchain ventures in the United States. The company offers tea-based beverages including fresh milk tea, fruit tea and milk cap tea; light meals comprising salads, sandwiches, pasta, steak, burritos and other healthy options; pastries such as fresh baked bread, fresh baked cakes and frosting cakes; as well as business management services and trademark licensing to retail store owners. Bit Brother maintains operations through tea shop chains in Hunan province, China, and digital asset mining facilities featuring high-performance S19 miners. Founded in 2011 and headquartered in Changsha, China, the company, incorporated under the laws of the British Virgin Islands, changed its name from Urban Tea, Inc. to Bit Brother Limited in May 2021 to reflect its pivot toward blockchain activities. In recent developments, Bit Brother launched its second cryptocurrency mining farm in Abilene, Texas, in June 2024 with 1368 S19 miners expected to produce 3 BTC monthly alongside the first site for combined output of 7 BTC; delisted from NASDAQ to OTC markets in March 2024; and conducted a $5.04 million registered direct offering in October 2023.
Company News
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Bit Brother Announces 1 for 1,000 Reverse Share Split
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Bit Brother Limited Announces Pricing of $12.0 Million Registered Direct Offering
BETS Announces Purchase of 3300 units of S19 Miners
BETS has mined over 120 BTC, and the second site is about to launch