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An announcement from Quantum Blockchain Technologies PLC ( (GB:QBT) ) is now available.
Quantum Blockchain Technologies has received an initial Examination Report from the European Patent Office on its “ASIC Ultra Boost” patent application for message scheduling in cryptographic hashing, raising formal subject-matter and novelty objections tied to prior publications by the inventor, academic work, and an Intel patent filing. The company, guided by its patent attorneys, views these issues as largely related to the breadth and wording of current claims, believes its core inventive concepts remain defensible, and is preparing targeted amendments and technical arguments ahead of an August 2026 response deadline.
In the U.S., QBT’s related “ASIC Ultra Boost” patent application, previously given a Final Rejection, has progressed through an interview with the USPTO Examiner that clarified how additional technical subject matter should be incorporated into the claims. The company has now filed amended claims, expects feedback within weeks, and maintains that securing patent protection for ASIC Ultra Boost remains key to enhancing its positioning in next‑generation Bitcoin mining optimisation, despite the iterative nature of the patent process.
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 investing company focused on disruptive blockchain technologies, particularly cryptocurrency mining and advanced blockchain applications. Its primary goal is to develop technology-driven Bitcoin mining tools and techniques that it believes can significantly outperform existing market practices.
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.