BTC Digital Ltd
For the period ended Jun 30, 2024. Filed Aug 14, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 14, 2024
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2024-03-31; filed 2024-05-15.
0001213900-24-043645
Item 1A. Risk FactorsUnregistered Sales of Equity Securities and Use of ProceedsDefaults Upon Senior SecuritiesMine Safety DisclosuresOther InformationCurrent report: 10-Q
Period ended 2024-06-30; filed 2024-08-14.
0001213900-24-068952
Item 1A. Risk FactorsUnregistered Sales of Equity Securities and Use of ProceedsDefaults Upon Senior SecuritiesMine Safety DisclosuresOther InformationThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 7 previous paragraphs and 5 current paragraphs.
3 unchanged; 1 reworded; 1 added; 3 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (1)
Current report
On June 28, 2024, the Company and its wholly owned subsidiary, Meten Service USA Corp., entered into an acquisition and purchase agreement (“Agreement”) with MINE CRYPTO PRO INC. (the “Seller”) to acquire a wholly owned subsidiary of the Seller and its Bitcoin mining facility at a total consideration of $1.99 million. The details of this transaction and the Agreement was disclosed on Form 8-K filed with the SEC on July 3, 2024.
Removed paragraphs (3)
Previous report
On March 12, 2024, the Company entered into an agreement under which the Company will acquire a BTC mining facility located in North Carolina, equipped with a stable power load of 10 megavolts (MV). The total consideration for this acquisition amounts to $3.4 million.
Previous report
On March 27, 2024, the Company entered into an asset purchase agreement with an unaffiliated third party to acquire 200 units of Antminer L7 Bitcoin mining machines, with the total consideration for the agreement amounting to $980,000.
Previous report
The details of the two agreements were disclosed in the Company’s Annual Report on Form 10-K for 2023.
Reworded paragraphs (1)
Previous wording
No director or officer adopted orterminated any Rule 10b5-1 plan or any non-Rule 10b5-1 trading arrangement during the first quarter of 2024.
Current wording
No director or officer adopted orterminated any Rule 10b5-1 plan or any non-Rule 10b5-1 trading arrangement during the second quarter of 2024.