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QBT Advances Blockchain R&D Amid Financial Correction
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QBT Advances Blockchain R&D Amid Financial Correction

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

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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.

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