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Quantum Blockchain Technologies PLC ( (GB:QBT) ) has provided an update.
Quantum Blockchain Technologies has advanced development of its Method C AI Oracle software by creating a fully operational testing environment on an ASIC manufacturer’s mining rig and Mining Development Kit. The company has modified the rig’s operating system, integrated the AI Oracle on the server side, and activated the MDK to enable live data collection and end-to-end testing of AI-optimised mining jobs.
With data collection now underway, QBT plans to train neural networks, build ASIC-specific AI models, and conduct extended validation before releasing preliminary performance results and a live demonstration. The company has also deepened engagement with the ASIC manufacturer and other industry players at the Bitcoin 2026 conference, underscoring rising sector interest and supporting QBT’s goal of eventually porting the AI Oracle directly onto mining rig control boards for commercial deployment.
Spark’s Take on QBT Stock
According to Spark, TipRanks’ AI Analyst, QBT is a Neutral.
The score is primarily constrained by very weak financial performance (minimal revenue, persistent losses, negative equity, and multi-year cash burn). Technicals add further pressure with the stock trading below key moving averages and negative MACD. Valuation provides limited support because the negative P/E reflects ongoing unprofitability and no dividend yield is available.
To see Spark’s full report on QBT stock, click here.
More about Quantum Blockchain Technologies PLC
Quantum Blockchain Technologies Plc is an AIM-listed research and development and investment company focused on blockchain technologies, particularly Bitcoin mining tools and techniques. Based in the UK market, it aims to disrupt existing cryptocurrency mining practices through AI-driven software and advanced hardware integrations designed to significantly improve mining efficiency.
Average Trading Volume: 8,344,538
Technical Sentiment Signal: Sell
Current Market Cap: £6.19M
For an in-depth examination of QBT stock, go to TipRanks’ Overview page.