2nd Sep 2026 15:02
Quantum Blockchain Technologies PLC - London-based blockchain research and development - Raises GBP350,000 before expenses through a placing of 140.0 million new shares at 0.25 pence each. Says it will use the net proceeds for continued research and development, testing and optimisation of its proprietary bitcoin mining technologies, including its 'Method C AI Oracle'. Funds will also go towards bringing the recently-granted US patent for its ASIC Ultra Boost to market readiness, as well as porting and integration work with mining hardware and software environments. It will also help fund commercial and business development activities with prospective industry counterparties. Placing funds will be used for general working capital. Read More