Bit Brother Special Task Force Took Further Actions to Address Suspected Illegal Shorting
CHANGSHA, China, Jan. 24, 2023 /PRNewswire/ -- Bit Brother Limited ("Bit Brother", "BTB", "We" or the "Company") (NASDAQ:BTB) announced today the Special Task Force has taken and plan to take following actions to address the suspected illegal shorting of its stock:
Started collecting evidence and may seek help from regulatory authorities.Reached out legal counsels and shareholder intelligence service firms about engagement of these professionals.conducted preliminary analysis of potential corporate actions including but not limited to share repurchase, special dividend, and dual listing.In addition, Ralph Jones, CEO of the Company's subsidiary Bit Brother New York Inc, and a member of the Sp