Quantum Blockchain Technologies PLC (GB:QBT) has released an update.
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Quantum Blockchain Technologies Plc (QBT) has announced its final results for 2023, emphasizing its aggressive R&D efforts in Bitcoin mining technologies, including AI, Quantum Computing, and ASIC chip design. Despite a comprehensive loss, the company is positive about the future, with promising internal test results for proprietary Bitcoin mining methods and ongoing legal settlements expected to monetize legacy assets. QBT has also successfully raised capital through share issuances and extended the maturity of its zero-coupon bond, positioning itself for potentially transformative impacts on the cryptocurrency mining industry.
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