Bit Origin(BTOG)

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中概指数涨1.6%,B站涨约8%,京东和拼多多涨超1%,小鹏则跌将近4%
news flash· 2025-07-07 14:18
| 中概股 v | 当前价 ◆ | 涨跌幅 ◆ | 成交量 ◆ | 总市值 ◆ | 年初至今 # | 0 | | --- | --- | --- | --- | --- | --- | --- | | 云米科技 | 2.26 | +0.60 (+36.14%) 188.58万股 | | 1.54亿 | +54.79% | == | | us VIOT | | | | | | | | 新氧 | 4.25 | ↓ +1.00 (+30.77%) | 303.63万股 | | 4.26亿 +429.28% | ( ) ... | | us SY | | | | | | | | 比特起源 | 0.2149 | ↓ +0.0429 (+24.94%) | 1.27亿股 | 1267.46万 | -78.07% | n … | | us BTOG | | | | | | | | Bit Digital | 3.56 | ↓ +0.62 (+21.12%) 5899.64万股 | | 10.10亿 | +21.53% | [] ... | | us BTBT | | | | | | | | 新濠影汇 | 4.58 | +0 ...
Bit Origin Ltd Regains Compliance with Nasdaq Listing Requirements of Minimum Stockholders’ Equity
Globenewswire· 2025-07-03 13:00
NEW YORK, July 03, 2025 (GLOBE NEWSWIRE) -- Bit Origin Ltd (NASDAQ: BTOG) ("Bit Origin" or the "Company"), an emerging growth company engaged in the crypto mining business with diversified expansion strategies, today announced that it has received formal notice from The Nasdaq Stock Market LLC (“Nasdaq”) on July 1, 2025, confirming that the Company has regained compliance with the equity standard under Listing Rule 5550(b)(1), which requires listed companies to maintain a minimum of $2.5 million in stockhol ...
Bit Origin Ltd Announces Court Hearing on June 5, 2025, for Share Capital Reduction
Globenewswire· 2025-05-16 20:30
NEW YORK, May 16, 2025 (GLOBE NEWSWIRE) -- Bit Origin Ltd (NASDAQ: BTOG) ("Bit Origin" or the "Company"), an emerging growth company engaged in the crypto mining business with diversified expansion strategies, today announced that a court hearing will be held at 10:00 a.m. on June 5, 2025, before the Grand Court of the Cayman Islands to consider the confirmation of its proposed share capital reduction. As previously disclosed on the report on Form 6-K filed with the Securities and Exchange Commission on Mar ...
Bit Origin(BTOG) - 2025 Q2 - Quarterly Report
2025-04-07 20:33
Table of Contents Exhibit 99.2 BIT ORIGIN LTD AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS | | December 31, | | | June 30, | | --- | --- | --- | --- | --- | | | 2024 (unaudited) | | | 2024 | | ASSETS | | | | | | CURRENT ASSETS | | | | | | Cash and cash equivalents | $ | 29,756 | $ | 1,409,070 | | Cryptocurrencies | | 178,687 | | 178,687 | | Other receivables, net | | 935,365 | | 1,705,333 | | Prepayments, net | | 1,000,000 | | 21,333 | | Loans receivable, net | | 1,889,941 | | 3,370,322 | | Total current as ...
Bit Origin Ltd Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
Globenewswire· 2025-02-25 14:00
NEW YORK, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Bit Origin Ltd (NASDAQ: BTOG) ("Bit Origin" or the "Company"), an emerging growth company engaged in the crypto mining business with diversified expansion strategies, today announced that it has received a notification letter from the Nasdaq Stock Market LLC ("Nasdaq") on February 21, 2025, indicating that the Company is not in compliance with Nasdaq’s minimum bid price requirement. Nasdaq Listing Rule 5550(a)(2) requires that listed securities maintain a minimum ...
Bit Origin Ltd Announces Receipt of Nasdaq Notification of Minimum Stockholders’ Equity Non-Compliance
Globenewswire· 2025-01-08 14:00
NEW YORK, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Bit Origin Ltd (NASDAQ: BTOG) ("Bit Origin" or the "Company"), an emerging growth company engaged in the crypto mining business with diversified expansion strategies, today announced that it has received a written notification (the "Notification Letter") from the Listing Qualifications staff of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it is no longer in compliance with the minimum stockholders' equity requirement for continued listing on t ...
Bit Origin Ltd Announces Receipt of Nasdaq Notification of Minimum Stockholders' Equity Non-Compliance
Newsfilter· 2025-01-08 14:00
NEW YORK, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Bit Origin Ltd (NASDAQ:BTOG) ("Bit Origin" or the "Company"), an emerging growth company engaged in the crypto mining business with diversified expansion strategies, today announced that it has received a written notification (the "Notification Letter") from the Listing Qualifications staff of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it is no longer in compliance with the minimum stockholders' equity requirement for continued listing on th ...
Bit Origin(BTOG) - 2024 Q4 - Annual Report
2024-12-26 22:20
Regulatory Environment - The company is subject to extensive laws and regulations governing its operations, which may impose significant costs and liabilities, particularly in relation to environmental compliance and health and safety standards [38]. - New legislation, such as the Crypto-Asset Environmental Transparency Act, could require the company to report greenhouse gas emissions and obtain permits, potentially increasing operational costs [54]. - The SEC's evolving stance on digital assets may impact the company's ability to hold or trade certain assets, affecting liquidity and market value [56]. - The company faces regulatory scrutiny regarding the classification of its digital assets, which could lead to fines and penalties if deemed securities [50]. - Future climate change regulations could impose significant costs on the company and its suppliers, impacting competitiveness and operational viability [46]. - The lack of consistent climate legislation creates economic uncertainty for the company, particularly in the high-energy-demand Bitcoin mining sector [46]. - Regulatory changes related to electricity consumption by mining companies could adversely affect the company's operational results [49]. - There is uncertainty regarding the regulatory status of digital assets, which could lead to compliance costs and affect business operations [90]. - The ongoing regulatory developments may materially impact the treatment of digital assets, affecting the company's business and financial condition [99]. - Regulatory actions in various countries could severely restrict the ability to acquire, own, or use cryptocurrencies, affecting the company's operations [138]. - The CEA imposes requirements on certain Bitcoin transactions, which may lead to additional regulatory oversight by the CFTC [228]. Financial Performance and Risks - The company's Bitcoin mining operations require substantial power, and profitability is contingent on maintaining electricity costs lower than generated revenue [45]. - The company faces significant risks related to the fluctuation of Bitcoin prices, which are expected to impact operational results [81]. - The company’s Bitcoin holdings are less liquid than cash and cash equivalents, impacting liquidity [71]. - The market price of the company's ordinary shares has recently declined significantly, with potential risks of delisting from Nasdaq [100]. - Future financing may cause dilution in shareholder ownership or impose restrictions on operations [101]. - The company faces material weaknesses in internal control over financial reporting, which could adversely affect the accuracy of financial results [109]. - The company does not expect to pay dividends in the foreseeable future, relying on price appreciation for returns on investment [98]. - The company's ability to pay dividends may be limited by restrictions on its subsidiaries' ability to make dividend payments [175]. - Future sales of substantial amounts of ordinary shares could adversely affect the market price and the Company's ability to raise capital [199]. - The company may require additional capital to support business growth, which may not be available on acceptable terms [148]. Operational Challenges - The company temporarily ceased its Bitcoin mining operations in the United States due to high operating costs as of December 2023, with 1,112 Aethir Cloud rendering miners currently in operation [105]. - The company plans to enter into hosting service contracts for suitable miners' facilities, with potential risks if sufficient power supply is not secured [107]. - The company suspended operations in Georgia due to high energy prices and moved 1,490 miners to a facility in Indiana [183]. - The company entered into a service agreement with Ever Best Bit Limited to assist in finding data mining host services, with fees calculated at $0.020 per kWh [185]. - The average monthly fees for hosting services in Indiana from July 2022 to August 2023 were tracked, indicating ongoing operational costs [186]. - The company faces risks related to internet disruptions, which could adversely affect cryptocurrency prices and operations [121]. - The company may face increased competition for suitable mining locations, impacting its operational viability [136]. - The company pledged 55 Bitcoins as collateral for financings and short-term loans, with a significant decrease in Bitcoin value potentially leading to margin calls [163]. Bitcoin Market Dynamics - Bitcoin prices have fluctuated significantly, ranging from approximately $35,041 per coin in June 2021 to $30,477 in June 2023, and projected to be $62,678 in June 2024 [110]. - The Bitcoin mining reward will halve from 6.25 Bitcoin per block to 3.125 Bitcoin per block in April 2024, reducing daily rewards from approximately 900 Bitcoin to 450 Bitcoin [134]. - The upcoming Bitcoin halving events may not lead to a corresponding increase in Bitcoin prices, potentially decreasing revenue from mining operations [134]. - Bitcoin production in Marion, Indiana averaged 20.72 Bitcoins per month from July 2022 to July 2023, with a range from 3.75 to 30.04 Bitcoins [187]. - Bitcoin production in Cheyenne, Wyoming averaged 11.16 Bitcoins per month from September 2023 to December 2023, with a range from 4.88 to 14.34 Bitcoins [190]. - Miners earn money through transaction fees, with users competing for priority by adding fees to their transactions during high network usage [225]. Strategic Initiatives - The company may pursue additional opportunities to acquire complementary businesses, potentially increasing leverage and debt service requirements [80]. - The company intends to pursue additional opportunities for acquisitions, which could increase leverage and debt service requirements [142]. - The Company invested $3,000,000 in the MineOne Cloud Computing Investment I L.P. partnership, holding an 8.8235% interest [193]. - The Company sold 100% equity interest in WVM Inc. and China Silanchi Holding Limited for a total of $1,000,000 on April 27, 2022 [201]. - SonicHash US ceased operations in the Wyoming facility as of December 31, 2023, due to high operating costs [190].
Bit Origin Ltd Announces Strategic Partnership with Aethir to Become a Sales Representative, Entering the Field of AI Computing Power, GPU, and Edge Computing
Newsfilter· 2024-06-07 13:00
NEW YORK, June 07, 2024 (GLOBE NEWSWIRE) -- Bit Origin Ltd (NASDAQ:BTOG) ("Bit Origin" or the "Company"), an emerging growth company engaged in the crypto mining business with diversified expansion strategies, today announces that it has signed a strategic agreement to become a sales representative for Aethir, the premier enterprise-focused distributed graphics processing units ("GPU") cloud provider. Aethir: Redefining Global GPU Compute Aethir, a leader in decentralized GPU cloud infrastructure, has succe ...
Bit Origin Ltd Announces Strategic Partnership with Aethir to Become a Sales Representative, Entering the Field of AI Computing Power, GPU, and Edge Computing
GlobeNewswire News Room· 2024-06-07 13:00
NEW YORK, June 07, 2024 (GLOBE NEWSWIRE) -- Bit Origin Ltd (NASDAQ: BTOG) ("Bit Origin" or the "Company"), an emerging growth company engaged in the crypto mining business with diversified expansion strategies, today announces that it has signed a strategic agreement to become a sales representative for Aethir, the premier enterprise-focused distributed graphics processing units (“GPU”) cloud provider. Aethir: Redefining Global GPU Compute Aethir, a leader in decentralized GPU cloud infrastructure, has succ ...