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Hyper Bit closes $162K private placement and settles $551K debt with shares to fund crypto mining growth

Company Fundamentals
11 Nov 2026, 00:10 WIB
TheNewswire
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Bullish
Hyper Bit closes $162K private placement and settles $551K debt with shares to fund crypto mining growth

Hyper Bit Technologies completed a private placement raising $162,140 by issuing 1.54 million units at $0.105 each, including shares and warrants exercisable at $0.15. Additionally, the company settled $551,526 of debt by issuing 5.25 million units at the same price. Proceeds will be used to buy crypto mining rigs, pay debts, fund marketing, and support operations. Insiders participated in the debt settlement, with all securities subject to a four-month hold period. This move supports Hyper Bit's expansion in crypto mining and blockchain technology.

Hyper Bit Technologies announced a private placement and debt settlement. For readers following the broader market, here is Pluang's snapshot as of Nov 11, 2026 04:41 WIB: out of 150 US stocks priced on Pluang, 67 rose and 83 fell. Notable movers include Barrick Gold Corp at USD 39.75 with a 1-day change of -5.96%, Kinross Gold Corporation at USD 21.62 down 5.38%, and Nvidia Corp at USD 169.46 down 5.15%, with typical hold times ranging from 55 to 118 days and varied Pluang order activity.

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