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Hyper Bit Expands Credit Line and Engages with Ethereum Community

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Hyper Bit Expands Credit Line and Engages with Ethereum Community

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Hemp for Health Inc ( (TSE:HYPE) ) has shared an update.

Hyper Bit Technologies Ltd. has increased its credit line with Bit Royalty to CAD $2 million to enhance its crypto treasury purchases, without affecting its treasury capital for expanding its crypto mining hardware portfolio. The company also raised CAD $481,250 through warrant and option exercises, which will be used for acquiring additional crypto miners and general working capital. Additionally, Hyper Bit plans to attend the ETH Vancouver Meetup, celebrating Ethereum’s 10th anniversary, reflecting its active engagement with the Ethereum community.

More about Hemp for Health Inc

Hyper Bit Technologies Ltd. is a diversified technology company focused on crypto mining operations and blockchain innovations. It aims to leverage the growing interest in digital assets, driven by blockchain and decentralized finance, to deliver growth for stakeholders. The company is a member of the Blockchain Association of Canada and the American Blockchain & Cryptocurrency Association.

Average Trading Volume: 410,389

Technical Sentiment Signal: Buy

Current Market Cap: C$8.6M

See more data about HYPE stock on TipRanks’ Stock Analysis page.

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