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Hyper Bit Technologies Initiates Bitcoin Acquisition with Bit Royalty Partnership

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Hyper Bit Technologies Initiates Bitcoin Acquisition with Bit Royalty Partnership

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

Hyper Bit Technologies Ltd. has announced its first draw from a credit facility provided by Bit Royalty to purchase Bitcoin, marking a strategic move to bolster its cryptocurrency holdings. The company plans to utilize its shares as currency to build its Bitcoin treasury and expand its crypto mining operations, including Dogecoin, Litecoin, and Alleocoin, reflecting a robust growth strategy in the cryptocurrency sector.

More about Hemp for Health Inc

Hyper Bit Technologies Ltd. is a diversified technology company focused on crypto mining operations and blockchain innovations. The company aims to unlock value across the crypto ecosystem and is a member of the Blockchain Association of Canada and the American Blockchain & Cryptocurrency Association.

Average Trading Volume: 151,237

Technical Sentiment Signal: Hold

Current Market Cap: C$3.55M

Learn more about HYPE stock on TipRanks’ Stock Analysis page.

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