$Bit Digital (BTBT.US)$ BTBT began announcing transformation...
$Bit Digital (BTBT.US)$ BTBT began announcing transformation mining in February 2020. On May 8, it raised 6.5 million shares at a stock price of 0.40 US dollars, raised 2.6 million US dollars, and raised another 21.5 million shares and raised 17.2 million US dollars at a stock price of 0.80 US dollars on July 6. Both rounds of financing were used to continuously acquire mining machines and stop bleeding in the original business. Simply put, they filled some holes (all disclosed in the quarterly reports). The most recent one was an increase of 4.3 million shares at 3.2 US dollars. The company bought 1003.5P's computing power with 13.9 million US dollars, which made the company acquire 1003.5P's computing power with 13.9 million US dollars, which enabled the company to acquire 1003.5P's computing power for 13.9 million US dollars. It has doubled its computing power. The latest company has a total of 2253P of computing power, accounting for about 1.4% of the total network. In addition to the increase in computing power, the company's stock price also increased an astonishing 100 times in 2020. Currently, the company's total share capital is more than 48 million shares, and the total market value is 800 to 900 million US dollars;
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
