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Hemp for Health Inc ( (TSE:HYPE) ) just unveiled an update.
Hyper Bit Technologies Ltd. has entered into a second definitive agreement with Bit Royalty to acquire Bitcoin and other cryptocurrencies as treasury assets. This move is part of Hyper Bit’s strategy to accelerate growth by securing funding for crypto mining operations and expanding its cryptocurrency holdings. The agreement includes a credit facility from Bit Royalty, allowing Hyper Bit to purchase various cryptocurrencies, which may enhance its market positioning and offer potential value to stakeholders.
More about Hemp for Health Inc
Hyper Bit Technologies Ltd. is a diversified technology company focused on crypto mining operations and blockchain-based innovations. It aims to leverage the growing global interest in digital assets, driven by blockchain and decentralized finance (DeFi), to deliver growth for its stakeholders. The company is a member of the Blockchain Association of Canada and the American Blockchain & Cryptocurrency Association, and is publicly listed in Canada, the USA, and Europe.
Average Trading Volume: 244,636
Technical Sentiment Signal: Buy
Current Market Cap: C$4.3M
For an in-depth examination of HYPE stock, go to TipRanks’ Overview page.