QBT Advances Blockchain R&D Amid Financial Correction
Company Announcements

QBT Advances Blockchain R&D Amid Financial Correction

Quantum Blockchain Technologies PLC (GB:QBT) has released an update.

Quantum Blockchain Technologies PLC, a company specializing in blockchain technology R&D and investments, has corrected its financial reporting to show net current assets of €3.8 million instead of €3.9 million, with all other details remaining the same. The company is advancing its intensive R&D program, having filed several patent applications for innovations in Bitcoin mining, and is actively testing new mining methods with the aim of developing commercial products. Despite a comprehensive loss reported for the period, QBT is making progress on legal matters and has extended the maturity of its Zero-Coupon Bonds, demonstrating a commitment to its long-term strategy.

For further insights into GB:QBT stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskQuantum Blockchain Technologies Innovates in Bitcoin Mining
TipRanks UK Auto-Generated NewsdeskQuantum Blockchain Technologies Welcomes New Strategic Adviser
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App