BETS - Why Crypto-Related Stock Bit Brother Is Extremely Volatile Today | Benzinga
Bit Brother Ltd (NASDAQ: BETS) shares are trading lower by 37% to $0.022 Thursday morning. The stock is falling on continued volatility after the company on Tuesday announced a deal to sell $12.0 million worth of Class A ordinary shares, Class D warrants and Class E warrants to accredited investors through a registered direct offering.
The offering comprises 184,615,385 Class A ordinary shares along with associated Class D and Class E warrants. These shares are sold at $0.065 per share.
Investors can ...