Posted 12/6/2023, 4:18:07 PM
Bit Brother Stock Jumps on $12M Offering and Mining Farm Progress
- Bit Brother (BETS) shares jumped 16.7% to $0.039 after announcing a $12M registered direct offering of shares and warrants
- The offering includes 184M Class A shares at $0.065/share plus Class D and E warrants
- Bit Brother secured a Certificate of Occupancy for its upcoming 2-acre crypto mining farm in Texas
- The mining farm will have an initial $5M investment in mining servers, targeting 12 Bitcoin per month
- Bit Brother stock has ranged from $0.021 to $0.66 over the past 52 weeks