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Quantum Blockchain Technologies PLC ( (GB:QBT) ) has shared an announcement.
Quantum Blockchain Technologies Plc announced an amendment to the Sale & Repurchase Agreement (REPO) involving its CEO, Professor Francesco Gardin, and MC Strategies AG. The repurchase date for 5,000,000 ordinary shares has been extended to 30 June 2025, with an adjusted repurchase price set at 3.568p per share, reflecting a 5% yearly interest rate on the initial purchase price. This agreement signifies continued confidence and strategic alignment within the company’s leadership, potentially enhancing shareholder value and stability in the company’s market positioning.
More about Quantum Blockchain Technologies PLC
Quantum Blockchain Technologies Plc (QBT) is an AIM-listed investment company that has recently shifted its strategic focus towards technology-related investments, particularly in Quantum computing, Blockchain, Cryptocurrencies, and Artificial Intelligence sectors. The company is actively pursuing research and development as well as investment opportunities in blockchain technology, including cryptocurrency mining and other advanced applications.
YTD Price Performance: 82.31%
Average Trading Volume: 23,940,513
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £15.3M
For a thorough assessment of QBT stock, go to TipRanks’ Stock Analysis page.
