Nasdaq Idea (BTOG) Full Thursday Morning Update

BTOG put together a solid day on Wednesday. Nasdaq Idea (BTOG) Full Thursday Morning Update June 2nd Dear Reader, BTOG put together a solid day on Wednesday. Hitting a new 4-week high of $.9498, BTOG surged out of the opening bell on breaking news. Here's what you may have missed: [Bit Origin Limited Signs Letter of Intent to Purchase 750 Bit-coin Miners with Total Hash Rate of 75,000 TH/s]( When the dust settled, BTOG had closed in the green for the 4th consecutive session. Furthermore, BTOG closed over [several key lines of potential support]( including its: - 5-Day Simple Moving Average (SMA) - 20-Day SMA - 5-Day Exponential Moving Average (EMA) - 13-Day EMA If potential support is growing at those levels (which it may be after seeing 4 consecutive green closes), it may act as building blocks for a further vertical move near term. Take a moment now to read my initial BTOG report below and get this Nasdaq profile on your radar again today. ----- *Bit Origin Limited (NASDAQ: BTOG)* Bit Origin Limited is an emerging growth company operating in the United States and engaged in the cryp-to mining business. The Company is also actively deploying block-chain technologies, alongside diversified expansion strategies. And right now BTOG has multiple potential breakout catalysts you must be aware of: No. 1 - Signing Of LOI To Acquire Equity Interest In Horizon Mining Ltd No. 2 - Company Announces Game-Changing Alliance With Horizon Mining Ltd No. 3 - An Explosive Chart History No. 4 - Company Rebranding Could Provide New Exposure And Draw Serious Attention But more on those in a second... Just Who Is Bit Origin (BTOG)? Bit Origin is an emerging block-chain company managed by a group of experienced business builders across various industry spectrums : Cryp-to, Fi-nance, Block-chain networks. They focus on diversified expansion strategies with building a Bit-coin mining ecosystem as their backbone. Their Growth Strategy - Strategic supply agreement with advanced miner manufacturers - Incubation and acquisition of mining facilities - Manufacture of miners and cloud mining driven by in-house R&D - Add-on in-vestment in Web 3.0 Their Mission - Shaping the future of block-chain ecosystem in a sustainable way Their Vision - To become the leading Bit-coin mining company through innovations Bit Origin connects the past with the shared future... Capital Market Activities in the Cryp-to Industry are Gaining Momentum The Global Cryp-tocurrency Mining Market is Booming (1) The market is growing with the C-A-G-R of - 7.8% by 2029, market size is expected to reach - $2,263Mn Incremental growth over 2022 to 2029 is expected to be - $926Mn Web 3.0 App's? Block-chain Tech Provides Key Features Endeavors into Web 3.0 Differentiates Them from Others - Their management team boast unmatched in-vestment return in the broader block-chain and Web 3.0 ecosystem = enhance shareholder value - Block-chains participation: powering and securing new block-chains, protocols, and networks is coded in their GENES - Metaverse and NFTs, De-Fi: Bottom-up analysis for early-stage innovative projects [Find more from the company presentation here.]( ----- And right now, BTOG has multiple potential catalysts to absorb right now. No. 1 BTOG Potential Catalyst - Signing Of LOI To Acquire Equity Interest In Horizon Mining Ltd Bit Origin Limited Intends to In-vest in an Operator of a Cryp-tocurrency Mining Site in Macon, Georgia New York, May 25, 2022 (GLOBE NEWSWIRE) -- Bit Origin Limited (NASDAQ: BTOG) (“Bit Origin” or the “Company”), an emerging growth company engaged in cryp-to mining business with diversified expansion strategies, today announced that the Company has entered into a Letter of Intent (“LOI”) to acquire 30.62% equity interest in Horizon Mining Ltd (“HML”), an operator of a cryp-to mining site located at Macon, Georgia to further facilitate Bit Origin’s strategic development process... ... [Read the full article here.]( ----- No. 2 BTOG Potential Catalyst - Company Announces Game-Changing Alliance With Horizon Mining Ltd Bit Origin Ltd. Announces New Alliance to Secure 6.1 Megawatt Cryp-tocurrency Mining Capacity and Initial Deployment of 868 miners in Georgia, U.S. [Read the full article here.]( ----- No. 3 BTOG Potential Catalyst - An Explosive Chart History What else can I say? Take a look at BTOG's 1-year chart: See that? Towards the 2nd half of November 2021, this profile caught fire and surged strongly in a short period of time. From a low of $1.21 on 11/22/21, it ran to a high of $3.11+ on 12/13/21. When the dust had settled, this Nasdaq idea had surged roughly 157%. Could we see that type of effort again in the near term? As of close on Tuesday, BTOG was [trading above]( its 5-Day Simple Moving Average (SMA) and its 20-Day SMA. With BTOG trending green recently, it may be on the verge starting another vertical charge. ----- No. 4 BTOG Potential Catalyst - Company Rebranding Could Provide New Exposure And Draw Serious Attention Bit Origin Limited Completes Name Change from China Xiangtai Food Co., Ltd. in Rebranding Initiative New York, May 24, 2022 (GLOBE NEWSWIRE) -- Bit Origin Limited (NASDAQ: BTOG) ("Bit Origin" or the "Company"), an emerging growth company engaged in cryp-to mining business with diversified expansion strategy, today announced that it has completed its holding company name change from China Xiangtai Food Co., Ltd. as a part of the rebranding that comes as the Company embraces a series of business transformations into the cryp-to mining industry. The name change became effective on May 18, 2022. ... [Read the full article here.]( ----- Nasdaq Profile BTOG Recap - 4 Key Potential Catalysts Lead The Way No. 1 - Signing Of LOI To Acquire Equity Interest In Horizon Mining Ltd No. 2 - Company Announces Game-Changing Alliance With Horizon Mining Ltd No. 3 - An Explosive Chart History No. 4 - Company Rebranding Could Provide New Exposure And Draw Serious Attention ----- Coverage is officially initiated on BTOG. When you have time later, do this: Get BTOG on your radar now. Sincerely, FierceAnalyst | Jaks Swift Editorial Writer [Source 1]( StockWireNews (stockwirenews . com) is owned by SWN Media LLC, a limited liability company (SWN Media LLC has recently retained ownership of StockNewsWire LLC). I am not a lic-ensed fina-ncial adviser. All potential percentage gains are based on from the low to the high of day. Fierce full disclosure is to be read and fully understood before using Fierce's website, or joining Fierce's email or text list. 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