Placing to Raise £350,000

Summary by AI BETAClose X

Quantum Blockchain Technologies Plc has successfully raised £350,000 before expenses through a placing of 140,000,000 new ordinary shares at 0.25 pence each. These funds will be allocated to continued research and development of proprietary Bitcoin mining technologies, including the Method C AI Oracle and the newly granted US patent for ASIC Ultra BoostTM, as well as porting and integration work, commercial development, and general working capital. Following admission of the new shares, expected around September 8, 2026, the company's total issued share capital will be 1,748,083,941 ordinary shares.

Disclaimer*

UK 100

Latest directors dealings