News

BTC Digital Ltd. Announces Strategic Acquisition of Arkansas-Based Mining Facility

  • SHENZHEN, China , July 3, 2024 /PRNewswire/ -- BTC Digital Ltd. ("BTC Digital" or the "Company") today announced the signing of a significant acquisition agreement, marking the successful purchase of an Arkansas-registered company.
    07/03/2024

BTC Digital Ltd. Announces Acquisition of Mining Facility in North Carolina

  • SHENZHEN, China , March 12, 2024 /PRNewswire/ -- BTC Digital Ltd. (" BTC Digital" or the "Company") (NASDAQ: BTCT), a blockchain technology company, today announced that it has entered into a definitive agreement under which the Company will acquire a BTC mining facility located in North Carolina, equipped with a stable power load of 10 megavolts (MV).
    03/12/2024
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BTC Digital Ltd. (BTCT) can sell. Click on Rating Page for detail.

The price of BTC Digital Ltd. (BTCT) is 1.76 and it was updated on 2024-10-27 07:14:38.

Currently BTC Digital Ltd. (BTCT) is in undervalued.

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5 crypto penny stocks under $5

  • Over the festive season, as the world welcomed Christmas and New Year's, conversations likely gravitated toward Bitcoin and cryptocurrencies, as the popular digital currency has surged higher in recent months. Much like how Memorial Day and Labor Day weekends set the stage for engaging discussions earlier in the previous year surrounding Artificial Intelligence (AI), the resurgence of Bitcoin and the allure of the broader cryptocurrency market continue to captivate investors.
    Fri, Jan. 05, 2024

BTC Digital Ltd. Announces Purchase of 2,000 Units of T21 Miners

  • SHENZHEN, China , Jan. 2, 2024 /PRNewswire/ -- BTC Digital Ltd. ("BTC Digital" or the "Company") (NASDAQ: BTCT), a blockchain technology company, today announced that it has entered into an asset purchase agreement (the "Agreement") with BITMAIN TECHNOLOGIES DELAWARE LIMITED ("BITMAIN") to acquire 2,000 units of T21 Miners for $5,320,000.
    Tue, Jan. 02, 2024

BTC Digital Ltd. Announces Entry into Bitcoin Miner Management Technology Service Agreement

  • SHENZHEN, China , Dec. 27, 2023 /PRNewswire/ -- Blockchain technology company BTC Digital Ltd. ("BTC Digital" or "the Company") (NASDAQ: BTCT) today announced the entry into a Bitcoin miner management and technical service agreement with a client, with plans to provide management and technical services for the client's 1,480 Bitcoin mining machines.
    Wed, Dec. 27, 2023

BTC Digital Ltd. Announces Entry into Share Subscription Agreements in Connection with Private Placement of Ordinary Shares

  • SHENZHEN, China , Dec. 26, 2023 /PRNewswire/ -- BTC Digital Ltd. ("BTC Digital" or the "Company") (NASDAQ: BTCT), a cryptocurrency mining company, today announced that it has entered into subscription agreements (the "Subscription Agreements") with three individual investors (the "Investors"), for the issue and sale of 303,497 ordinary shares of the Company, par value US$0.06 per share (the "Ordinary Shares"), for total gross proceeds of $1,014,286, or US$3.342 per share.
    Tue, Dec. 26, 2023

BTC Digital Ltd. Announces Launch of Bitcoin Miner Accessories Business

  • SHENZHEN, China , Dec. 7, 2023 /PRNewswire/ -- Blockchain technology company BTC Digital Ltd. ("BTC Digital" or "the Company") (NASDAQ: BTCT) today announced the launch of its Bitcoin miner accessories business.
    Thu, Dec. 07, 2023
SEC Filings
SEC Filings

BTC Digital Ltd. (BTCT) - DEFA14A

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BTC Digital Ltd. (BTCT) - DEF 14A

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BTC Digital Ltd. (BTCT) - 20-F

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BTC Digital Ltd. (BTCT) - F-1/A

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BTC Digital Ltd. (BTCT) - S-8

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BTC Digital Ltd. (BTCT) - F-1

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BTC Digital Ltd. (BTCT) - 424B5

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BTC Digital Ltd. (BTCT) - 20-F

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BTC Digital Ltd. (BTCT) - NT 20-F

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BTC Digital Ltd. (BTCT) - SC 13G/A

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BTC Digital Ltd. (BTCT) - 424B5

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BTC Digital Ltd. (BTCT) - 424B5

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BTC Digital Ltd. (BTCT) - S-8

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BTC Digital Ltd. (BTCT) - EFFECT

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BTC Digital Ltd. (BTCT) - POS AM

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BTC Digital Ltd. (BTCT) - 424B5

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BTC Digital Ltd. (BTCT) - 424B5

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BTC Digital Ltd. (BTCT) - EFFECT

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BTC Digital Ltd. (BTCT) - CORRESP

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BTC Digital Ltd. (BTCT) - UPLOAD

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BTC Digital Ltd. (BTCT) - F-3

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BTC Digital Ltd. (BTCT) - 20-F/A

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BTC Digital Ltd. (BTCT) - 20-F

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BTC Digital Ltd. (BTCT) - SC 13D/A

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BTC Digital Ltd. (BTCT) - SC 13G/A

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BTC Digital Ltd. (BTCT) - SC 13G

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BTC Digital Ltd. (BTCT) - SC 13G/A

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BTC Digital Ltd. (BTCT) - SC TO-I/A

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BTC Digital Ltd. (BTCT) - 424B3

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BTC Digital Ltd. (BTCT) - SC TO-I/A

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BTC Digital Ltd. (BTCT) - S-8

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BTC Digital Ltd. (BTCT) - SC TO-I/A

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BTC Digital Ltd. (BTCT) - SC TO-I/A

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BTC Digital Ltd. (BTCT) - CORRESP

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BTC Digital Ltd. (BTCT) - UPLOAD

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BTC Digital Ltd. (BTCT) - 424B3

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BTC Digital Ltd. (BTCT) - SC TO-I

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BTC Digital Ltd. (BTCT) - 424B3

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BTC Digital Ltd. (BTCT) - S-8

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BTC Digital Ltd. (BTCT) - 424B3

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BTC Digital Ltd. (BTCT) - 424B3

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BTC Digital Ltd. (BTCT) - EFFECT

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BTC Digital Ltd. (BTCT) - F-1/A

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BTC Digital Ltd. (BTCT) - CORRESP

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BTC Digital Ltd. (BTCT) - UPLOAD

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BTC Digital Ltd. (BTCT) - F-1

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BTC Digital Ltd. (BTCT) - 20-F

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BTC Digital Ltd. (BTCT) - CERT

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BTC Digital Ltd. (BTCT) - 8-A12B

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BTC Digital Ltd. (BTCT) - UPLOAD

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BTC Digital Ltd. (BTCT) - SC 13G

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BTC Digital Ltd. (BTCT) - SC 13G

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BTC Digital Ltd. (BTCT) - SC 13G

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BTC Digital Ltd. (BTCT) - SC 13D

  • SEC Filings
  • 04/09/2020
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  • Changing the name wasn't enough. It took a change in the ticker symbol to generate investor interest in BTC Digital Ltd.
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What to Know About Buying Penny Stocks in May 2022

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3 Hot Penny Stocks Under $1 to Watch After Meme Stocks Explode

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What Penny Stocks Should I Invest In? 3 to Watch Right Now

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Best Penny Stocks To Buy? 5 China Stocks To Watch Right Now

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Best Penny Stocks to Buy Right Now? 4 to Watch As Stocks Turn Bullish

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Good Penny Stocks to Buy Now? 3 For Your Watchlist in March 2022

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Are These 3 Penny Stocks on Your List in February?

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Hot Penny Stocks to Watch Before Next Week

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Here's 3 Trending Penny Stocks to Add to Your Watchlist in February

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Trending Penny Stocks to Watch in February 2022

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Top Penny Stocks to Buy Right Now? Check These 3 Out in 2022

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These Penny Stocks Are Climbing Right Now, Here's Why

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Best Reddit Penny Stocks to Buy Now? 3 You Need to Watch in 2022

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Best Penny Stocks to Watch as the Market Takes a Bullish Turn

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Got $5 to Spend on Penny Stocks? Check These 4 Out

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3 ‘Must Watch' Penny Stocks For Your Year End Watchlist

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Hot Penny Stocks to Watch in the First Full Week of December

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High Volume Penny Stocks to Buy Now? 3 to Watch Today

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Why You Should Avoid Meten Holdings Stock

  • If you need it spelled out for you in English, METX stock is an 'avoid' at any price given this year's multiple history lessons in meme stocks The post Why You Should Avoid Meten Holdings Stock appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.
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3 Reddit Penny Stocks For Your Early December Watchlist

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  • 11/30/2021

Meten EdtechX Education Group Ltd.'s (METX) CEO Alan Peng on Q3 2021 Results - Earnings Call Transcript

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Do These Top Penny Stocks Have Upside Potential in November?

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Why to Invest in the Blockchain with Meten Holding Group

  • Even as Beijing cracks down on China's tech businesses, you can still consider METX stock as Meten's top-line results are on the right track. The post Why to Invest in the Blockchain with Meten Holding Group appeared first on InvestorPlace.
  • 11/10/2021

Meten Holding Group to Report Third Quarter Fiscal Year 2021 Financial Results on Monday, November 22, 2021

  • SHENZHEN, China, Nov. 10, 2021 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ: METX), one of the leading omnichannel English language training ("ELT") service providers in China, today announced that it will report its financial results for the third quarter of fiscal year 2021 on Monday, November 22, 2021, before the U.S. markets open.
  • 11/10/2021

3 Popular Penny Stocks to Add to Your Watchlist

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METX Stock: Why The Price Increased Today

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Meten Holding Group Ltd. Closes $60 Million Underwritten Public Offering of Ordinary Shares and Pre-Funded Warrants to Purchase Ordinary Shares (NASDAQ: METX)

  • SHENZHEN, China, Sept. 7, 2021 /PRNewswire/ -- Meten Holding Group Ltd.
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Meten Holding Group Prices $60 Million Underwritten Public Offering of Ordinary Shares and Pre-Funded Warrants to Purchase Ordinary Shares

  • SHENZHEN, China, Sept. 1, 2021 /PRNewswire/ -- Meten Holding Group Ltd.
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  • SHENZHEN, China, Aug. 18, 2021 /PRNewswire/ -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) ("Meten EdtechX" or the "Company"), one of the leading omnichannel English language training ("ELT") service providers in China, today announced its unaudited financial results for the second quarter and the first half year ended June 30, 2021.
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  • 07/08/2021

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  • SHENZHEN, China, July 1, 2021 /PRNewswire/ -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) ("Meten EdtechX" or the "Company"), one of the leading omnichannel English language training ("ELT") service providers in China, today announced that the Company plans to enhance its online merge offline (OMO) services for its students.
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  • SHENZHEN, China, June 25, 2021 /PRNewswire/ -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) ("Meten EdtechX" or the "Company"), one of the leading omnichannel English language training ("ELT") service providers in China, today announced that its online ELT platform, "Likeshuo," maintained the No.2 language training sales[1] among all language training service providers who participated China's 618 Shopping Festival on Tmall.com.
  • 06/25/2021

7 Hot Penny Stocks to Watch That Are Trending Right Now

  • Which penny stocks are worth buying next month? Check these 7 out for your watchlist The post 7 Hot Penny Stocks to Watch That Are Trending Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
  • 06/20/2021

Meten Edtechx Sees Jump In English Training Enrollment In May

  • Meten Edtechx Education Group Ltd (NASDAQ: METX) announced a jump in its junior English language training (ELT) enrollment and billing in May 2021. The gross billing and student enrollment increased by 247.8% and 163.9%, respectively, compared to 92.4% and 65.2% increase in May 2019.
  • 06/18/2021

Hot Penny Stocks to Buy Right Now? 7 For Your Watchlist

  • Making a penny stocks watchlist for July? Check these 7 out The post Hot Penny Stocks to Buy Right Now?
  • 06/18/2021

Meten EdtechX Reports a 247.8% Increase in Gross Billing and a 163.9% Increase in Students Enrollment of its Junior ELT Business in May 2021

  • SHENZHEN, China, June 18, 2021 /PRNewswire/ -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) ("Meten EdtechX" or the "Company"), one of the leading omnichannel English language training ("ELT") service providers in China, today announced that the gross billing and student enrollment of its junior ELT business in May 2021 increased by 247.8% and 163.9% respectively compared to the same period of last year and increased by 92.4% and 65.2% respectively compared to May 2019.
  • 06/18/2021

Meten EdtechX to Apply Non-Fungible Token for Digital Copyright in Online Education

  • SHENZHEN, China, June 14, 2021 /PRNewswire/ -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) ("Meten EdtechX" or the "Company"), one of the leading omnichannel English language training ("ELT") service providers in China, today announced that the Company plans utilize non fungible token ("NFT") technology to verify authenticity to protect copyright of the courseware created by education experts and teachers, prevent piracy, empower the education industry, and motivate teachers.
  • 06/14/2021

Aegis Capital Corp. Acted as Sole Bookrunner on a $40 Million Underwritten Public Offering of Ordinary Shares for Meten EdtechX Education Group Ltd. (NASDAQ:METX)

  • NEW YORK, NY / ACCESSWIRE / May 26, 2021 / Aegis Capital Corp. acted as Sole Bookrunner on a $40 Million Underwritten Public Offering of Ordinary Shares for Meten EdtechX Education Group Ltd. (NASDAQ:METX) About Meten EdtechX Education Group Ltd.
  • 05/26/2021

Meten EdtechX Closes $40 Million Underwritten Public Offering of Ordinary Shares

  • SHENZHEN, China, May 26, 2021 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. ("Meten EdtechX" or the "Company") (NASDAQ: METX), one of the leading omnichannel English language training (“ELT”) service providers in China, today announced the closing of an underwritten public offering (the “Offering”) with gross proceeds to the Company of $40 million, before deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company. The Offering included 40,000,000 of the Company's ordinary shares at the public offering price of $1.00 per share. The Company intends to use the net proceeds from this Offering for working capital and general corporate purposes.
  • 05/26/2021

METX Stock Price: Over 20% Decrease Pre-Market Explanation

  • The stock price of Meten Edtechx Education Group Ltd (NASDAQ: METX) decreased by over 20% pre-market. This is why it happened.
  • 05/24/2021

METX Stock Price: 15.32% Increase Explanation

  • The stock price of Meten EdtechX Education (NASDAQ: METX) increased by 15.32% on Friday, May 21. This is why it happened.
  • 05/23/2021

Meten EdtechX Announces Proposed Underwritten Public Offering of Ordinary Shares

  • SHENZHEN, China, May 21, 2021 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (“Meten Edtech X” or the “Company”) (NASDAQ: METX), one of the leading omnichannel English language training (“ELT”) service providers in China, today announced that it intends to offer ordinary shares for sale to the public in an underwritten public offering (“Offering”). The Company intends to use the net proceeds from this offering for general corporate and working capital needs. The ordinary shares are trading on The Nasdaq Capital Market under the symbol “METX.” The Offering is subject to market conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering.
  • 05/21/2021

Meten EdtechX Reports a 1,910.4% Increase in Gross Billing and an 758.1% Increase in Students Enrollment of its Junior ELT Business in April 2021

  • SHENZHEN, China, May 21, 2021 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), one of the leading omnichannel English language training (“ELT”) service providers in China, today announced that the gross billing and student enrollment of its junior ELT business increased by 1,910.4% and 758.1% respectively in April 2021 compared to the same period of last year. The gross billing and student enrollment increased by 100.6% and 31.0% respectively compared to April 2019.
  • 05/21/2021

Meten EdtechX Announces Financial Results for the First Quarter Ended March 31, 2021

  • SHENZHEN, China, May 20, 2021 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), one of the leading omnichannel English language training (“ELT”) service providers in China, today announced its financial results for the first quarter ended March 31, 2021.
  • 05/20/2021

4 Stocks At 52-Week Lows That Could Bounce

  • An important indicator for investors to consider could be a stock's 52-week trading range, the range showing the lowest and highest price a particular stock traded over the trailing year. Finding stocks trading near 52-week lows can be a strategy to find fallen companies that could still have fundamentals, a story in place and could be rebound candidates.
  • 04/30/2021

Penny Stocks to Buy? Here's 3 For Your Thursday Morning Watchlist

  • Making a penny stock watchlist? Give these 3 stocks a look The post Penny Stocks to Buy?
  • 04/29/2021

Meten EdtechX Announces Financial Results for Fiscal Year ended December 31, 2020

  • SHENZHEN, China, April 26, 2021 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), one of the leading omnichannel English language training (“ELT”) service providers in China, today announced its financial results for the fiscal year ended December 31, 2020.
  • 04/26/2021

Meten EdtechX to Report Fiscal Year 2020 Financial Results on Monday, April 26, 2021

  • Earnings Call Scheduled for 8:00 am ET on April 26, 2021 Earnings Call Scheduled for 8:00 am ET on April 26, 2021
  • 04/21/2021

METX Stock Price Increased Over 10% Pre-Market: Why It Happened

  • The stock price of Meten Edtechx Education Group Ltd (NASDAQ: METX) has increased by over 10% pre-market. This is why it happened.
  • 03/26/2021

Meten EdtechX Utilizes Blockchain Technology to Revolutionize Education Industry

  • SHENZHEN, China, March 12, 2021 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today announced its strategy to make full use of blockchain technology in the education industry. The Company believes that the ongoing experimentations and innovations of applying blockchain technology in the education industry are promising.
  • 03/12/2021

Meten EdtechX Shares Trade On Higher Volume: Technical Levels To Watch

  • Meten EdtechX Education Group Ltd. (NASDAQ: METX) shares were trading on increased volume in Friday's trading session amid a company report of increased gross billing from its Junior ELT, or English language training, business.
  • 03/05/2021

METX Stock Price Increases Over 15% Pre-Market: Why It Happened

  • The stock price of Meten Edtechx Education Group Ltd (NASDAQ: METX) has increased by over 15% pre-market. This is why it happened.
  • 03/05/2021

Meten EdtechX Reports a 591% Increase in Gross Billing of its Junior ELT Business in February 2021

  • SHENZHEN, China, March 05, 2021 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today reported that the Company recorded a 591% increase in gross billing of its Junior ELT business in February compared to the same period last year. The Company also registered a single-day sales record on February 27, 2021. These numbers confirm that the Company's rapid growth trajectory seems to be back to pre-pandemic growth.
  • 03/05/2021

Meten EdtechX Invests RMB20 Million in Course Development of Dual-teacher Classroom Learning and Maintains Strong Growth of Junior ELT Services

  • SHENZHEN, China, Feb. 05, 2021 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today announced that the Company has invested RMB20 million in course development of “dual-teacher classroom” learning and that its junior ELT services maintain strong growth. The gross billing of its junior ELT services increased by 200% in January 2021 compared to the same period last year.
  • 02/05/2021

METX Stock Price Increases Over 35% Pre-Market: Why It Happened

  • The stock price of Meten Edtechx Education Group Ltd (NASDAQ: METX) is trading at over 35% pre-market as of 8 AM ET today. This is why it happened.
  • 02/05/2021

Meten EdtechX Introduces Dual-teacher Classroom Learning to Enhance ABC Junior ELT Business' Long-term Competitive Advantage

  • SHENZHEN, China, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today announced that the Company has introduced dual-teacher classroom learning for ABC junior ELT business to enhance its competitive advantage.The dual-teacher classroom learning integrates the online and offline business, greatly improving the teaching quality of the foreign teachers and enhancing the learning experience of the students.
  • 01/28/2021

Meten EdtechX Establishes TikTok Multi-Channel Network to Address Digital Education Market

  • SHENZHEN, China, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today announced that it has established the TikTok multi-channel network (“MCN”) to address the digital education market.
  • 01/19/2021

Meten EdtechX Announces Completion of its Offer to Exercise Warrants at a Reduced Price

  • SHENZHEN, China, Jan. 08, 2021 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today announced it successfully completed a tender offer for its Warrants to purchase Ordinary Shares at a reduced exercise price of $1.40. The offer expired at 11:59 p.m. Eastern time on January 5, 2021.
  • 01/08/2021

Meten EdtechX Announces Change of Auditor

  • SHENZHEN, China, Jan. 06, 2021 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading English language training (“ELT”) service provider in China, today announced the appointment of Audit Alliance LLP (“Audit Alliance”) as the Company's independent auditor [effective on January 7, 2021].
  • 01/06/2021

Meten EdtechX Provides Update of its “ABC” Brand

  • The gross billing of ABC junior ELT in November 2020 increased by approximately 10% on a year-on-year basis
  • 12/31/2020

Meten EdtechX Launched Pre-Sale Korean and Spanish Courses on Likeshuo Platform

  • SHENZHEN, China, Dec. 30, 2020 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today announced that it has officially launched pre-sale Korean and Spanish courses on its online platform "Likeshuo" on December 23, 2020, further implementing the Company's growth strategy of diversified minority languages. The Company reserves the copyright of the Korean and Spanish courses listed on "Likeshuo" and operates them independently.
  • 12/30/2020

Meten EdtechX was Accredited as the “2020 – 2021 Most Famous Brand in the International Education Industry”

  • SHENZHEN, China, Dec. 29, 2020 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today announced that its overseas training services was accredited as the “2020-2021 Most Famous Brand in the International Education Industry” by the Overseas Education Research Center of the China Education Think Tank Alliance, the Development Research Committee of Overseas Education Institutions (DRCOOT) and the National Academic Alliance of International Education Teachers (NAAIET) on Dec 16, 2020.
  • 12/29/2020

Meten EdtechX Waives Condition to its Offer to Exercise Warrants at a Reduced Price

  • SHENZHEN, China, Dec. 28, 2020 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today announced that it has waived a condition to its previously announced offer to exercise (“Offer to Exercise”) certain warrants (the “Warrants”) at a reduced price of $1.40 per share. The Company has waived the condition requiring that at least sixty-five percent (65%) of the outstanding Warrants be tendered prior to 11:59 p.m. (Eastern Time) on January 5, 2021 (the “Expiration Date”). In connection with the waiver, if the Company completes the offer, the exercise price of all outstanding Warrants following the Expiration Date will temporarily be reduced to $2.50 per share, and be subject to a “full-ratchet” anti-dilution protection with respect to subsequent equity sales in which any person will be entitled to acquire ordinary shares at an effective price per share that is lower than the then exercise price of the Warrants, subject to customary exceptions.
  • 12/28/2020

Meten EdtechX Remains Strong Growth of its "BiGao" Exam Preparatory Product

  • Meten EdtechX's Exam Production Line Has Formed a Complete Business Close-loop Meten EdtechX's Exam Production Line Has Formed a Complete Business Close-loop
  • 12/23/2020

Meten EdtechX Generated over RMB10 million in Gross Billings During the “Double 12” Nationwide Promotion Activity on Tmall.com

  • Meten EdtechX is actively developing new marketing strategy Meten EdtechX is actively developing new marketing strategy
  • 12/22/2020

Meten EdtechX Reports Strong Recovery of its Junior ELT Business During COVID-19 Pandemic

  • SHENZHEN, China, Dec. 21, 2020 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today reported strong recovery of its junior ELT business. Gross billings and students enrollments of its junior ELT business in October and November 2020 both exceeded the corresponding period in 2019.
  • 12/21/2020

Meten EdtechX Expected to Increase Products Prices, Leading to a Significant 50% Increase in its Estimated Net Profit in 2021

  • SHENZHEN, China, Dec. 17, 2020 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today announced that it expects to increase prices of its products under the impact of the COVID-19 pandemic this year.
  • 12/17/2020

Meten EdtechX Announces Temporary Offer Allowing Warrants to be Exercised at a Reduced Price

  • SHENZHEN, China, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today announced the filing of a Tender Offer and Prospectus Supplements (the “Offer”) with the U.S. Securities and Exchange Commission (the “SEC”) pursuant to which the exercise price of each tendered warrant of the Company (the “Warrant”) is being reduced to $1.40 per share.
  • 12/07/2020

Meten EdtechX Announces Financial Results for the Third Quarter and the Nine Months ended September 30, 2020

  • Strong focus on strategic investment in growth segments, including online and Junior ELT, drives steady recovery in normalizing trading conditions Strong focus on strategic investment in growth segments, including online and Junior ELT, drives steady recovery in normalizing trading conditions
  • 12/04/2020

Meten EdtechX welcomes new report showing EdTech is enjoying dynamic growth in China

  • SHENZHEN, China, Aug. 17, 2020 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading English language training (“ELT”) service provider in China, today welcomes the new 2020 EdTech X Global Report exploring key EdTech trends. The new report was published by EdtechX, the Nasdaq-listed SPAC and leading global education edtech conference provider which was set up IBIS Capital, the London based investment bank and asset management house that also set up EdtechX Holdings which successfully merged with Meten on the 30 March 2020 to make Meten EdtechX Education Group Ltd.The main findings of the report were: * EdTech expenditure across all segments is expected to be positively impacted by the COVID-19 crisis, as it drives an increased uptake of technology in order to replace, supplement and enhance teaching and learning in the context of social distancing. B2C and HE EdTech are expected to see over 20% annual revenue growth in developing countries in the period 2019 – 2025. The report notes that there is significant usage in rapidly developing countries, like China, where EdTech solutions could help the problem of scaling quality education provision. * EdTech stocks have been growing at a higher rate than their non-EdTech counterparts and outperformed the Technology index during the Covid-19 lockdowns. EdTech and Chinese EdTech have outgrown the Technology by 3.7x and 4.0x respectively since 2016. Chinese EdTech businesses offering distance learning solutions, such as large-format online classes, have shown significant increases in enrolment during lockdowns, driving stock performance * Corporate training making use of technology is also set to grow, particularly in the developing world, where access to high quality training courses from countries such as the US and the UK are in high demand. As a result, EdTech expenditure by region in East Asia and Pacific is set to grow by 17.3% from 2019 to 2025. * Chinese EdTech companies are outperforming the market by large as China emerges as a leader in EdTech as many companies have taken advantage of the opportunities to digitise education in the world’s largest education market, with c. 400million learnersMr. Alan Peng, Chief Executive Officer of Meten EdtechX commented: “We are excited by this report for the sector but also for Meten EdtechX. These findings demonstrate that EdTech is enjoying dynamic growth in China. This vindicates our substantial investment in edtech and we have ambitious growth and acquisitions plans in the space to further capitalise on this. The EdtechX Holdings transaction demonstrates the scale of international interest in the China edtech space, we are also proud to have other global investors such as our ground-breaking merger with a Nasdaq-listed SPAC Azimut, Italy’s major institutional investor.”For investor and media enquiries, please contact:Meten EdtechX Stanley Yang Tel: +86 1851-8513-075 Email: stanley_yts@meten.comCitigate Dewe Rogerson Sandra Novakov / Christen Thomson / Eleni Menikou / Lucy Eyles +44 (0)20 7638 9571 meten@citigatedewerogerson.comAbout Meten EdtechXMeten EdtechX is a leading ELT service provider in China, delivering English language and future skills training for Chinese students and professionals. Through a sophisticated digital platform and nationwide network of learning centers, the Company provides its services under three industry-leading brands: Meten (adult and junior ELT services), ABC (primarily junior ELT services) and Likeshuo (online ELT). It offers superior teaching quality and student satisfaction, which are underpinned by cutting edge technology deployed across its business, including AI-driven centralized teaching and management systems that record and analyze learning processes in real time.The Company is committed to improving the overall English language competence and competitiveness of the Chinese population to keep abreast of the rapid development of globalization. Its experienced management is focused on further developing its digital platform and expanding its network of learning centers to deliver a continually evolving service offerings to a growing number of students across China.
  • 08/17/2020

Business Update on Likeshuo, the Online Platform Operated by Meten EdtechX

  • SHENZHEN, China, July 24, 2020 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading English language training (“ELT”) service provider in China, provided a business update on its online platform Likeshuo today. Likeshuo, an English learning platform incubated by Meten EdtechX, integrates online and offline business model and provides a gateway for expanding the scope of online training materials in response to evolving market demands.With a long track record of professional language training, Likeshuo takes advantages of internet, overcomes constraints of time and location in English learning and provides a 24hr x365day non-stop live online ELT services.As an Online Multi-language Provider, Likeshuo Achieves Robust Growth Amid COVID-19 EpidemicMeten EdtechX established a subsidiary in cooperation with a leading Japanese education brand in China and commenced Jtalk, an online Japanese teaching service in January 2020 and March 2020 respectively. Currently, Jtalk has served more than 160 corporate customers, including Toyota Motor, YAMAHA, Teleperformance and AEON. It is expected that Jtalk's revenue will exceed RMB1 million in July 2020. In addition, Likeshuo is tentatively scheduled to launch its online French and Korean language training courses in September 2020. The Company is also considering a potential investment in and business cooperation with an Italian language training institution in China in an effort to integrate more domestic multilingual foreign language teaching resources.In response to the COVID-19 epidemic, the Company utilizes its Likeshuo online platform to meet the learning needs of its students. During such a period, Likeshuo achieved significant online business development, a steady increase in the number of student enrollment by expanding into further into third- and fourth-tier cities in China.Enhancing User Experience and Advancing Our technology via Leveraging Big Data and Artificial Intelligence TechnologiesMr. Alan Peng, Chief Executive Officer of Meten EdtechX commented: “Likeshuo will continue to solidify the leading position in the online market, by providing an integrated channel via cloud-based analytics, and develop mobile applications and WeChat interface for online education services. We also leverage our offline channel to enhance our students sense of belonging towards the leaning community. Costs spending in obtain new customers will also be minimized due to high conversion rate from our developing proprietary technologies in data analytics and artificial intelligence. As a result, our sales-to-expense ratio of online ELT business is significantly lower than most of our peers. To become the bell-weather of the industry, we will continue to innovate and diversify our language offerings, explore strategic investment on a global bases and acquisition opportunities.”For investor and media enquiries, please contact:Meten EdtechX Stanley Yang Tel: +86 1851-8513-075 Email: stanley_yts@meten.comAscent Investor Relations LLC Tina Xiao Tel: +1 917-609-0333 Email: tina.xiao@ascent-ir.com About Meten EdtechXMeten EdtechX is a leading ELT service provider in China, delivering English language and future skills training for Chinese students and professionals. Through a sophisticated digital platform and nationwide network of learning centers, the Company provides its services under three industry-leading brands: Meten (adult and junior ELT services), ABC (primarily junior ELT services) and Likeshuo (online ELT). It offers superior teaching quality and student satisfaction, which are underpinned by cutting edge technology deployed across its business, including AI-driven centralized teaching and management systems that record and analyze learning processes in real time.The Company is committed to improving the overall English language competence and competitiveness of the Chinese population to keep abreast of the rapid development of globalization. Its experienced management is focused on further developing its digital platform and expanding its network of learning centers to deliver a continually evolving service offerings to a growing number of students across China.For more information about Meten EdtechX, please visit: https://investor.metenedu-edtechx.com/.Safe Harbor StatementThis announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the Company’s estimation on cash flow, plan for multi-language training services, assessment on the impact of the COVID-19 pandemic and the quotations from management in this announcement, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the impact of the COVID-19 pandemic, our ability to attract students without a significant decrease in course fees; our ability to continue to hire, train and retain qualified teachers; our ability to maintain and enhance our “Meten” brand; our ability to effectively and efficiently manage the expansion of our school network and successfully execute our growth strategy; the outcome of ongoing, or any future, litigation or arbitration, including those relating to copyright and other intellectual property rights; competition in the English language training sector in China; changes in our revenues and certain cost or expense items as a percentage of our revenues; the expected growth of the Chinese English language training and private education market; Chinese governmental policies relating to private educational services and providers of such services; health epidemics and other outbreaks in China; and general economic conditions in China. Further information regarding these and other risks is included in our annual report on Form 20-F and other documents filed with the Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no duty to update such information, except as required under applicable law.
  • 07/24/2020

Meten EdtechX announces appointment of Henry Wong as Chief Financial Officer

  • SHENZHEN, China, July 16, 2020 -- Meten EdtechX Education Group Ltd. (NASDAQ: METX) (“Meten EdtechX” or the “Company”), a leading English language training (“ELT”) service.
  • 07/16/2020

Meten EdtechX Provides Business Update Amid COVID-19 Pandemic

  • SHENZHEN, China, July 10, 2020 -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading English language training (“ELT”) service.
  • 07/10/2020

Meten EdtechX to Enhance Education Business by Exploring the Utilization of Blockchain Technology

  • The Company is also exploring the market of multilingual foreign language teaching. It may develop more private teaching products in Spanish, German, French and other languages following the launch of Japanese teaching products in March this year.
  • 06/30/2020

Meten EdtechX Announces Financial Results for the Fourth Quarter and Full Year ended December 31, 2019 and the First Quarter ended March 31, 2020

  • Significant Investment in 2019 to Reinforce Platform for Future Growth Resilient Performance in Q1 2020 Supported by Accelerated Growth in Online ELT Successful Combination of.
  • 05/29/2020

Meten EdtechX Education Group Ltd. (NASDAQ: METX) - Notice of Results

  • SHENZHEN, China, May 26, 2020 -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading English language training (“ELT”) service.
  • 05/26/2020

Termination of Forward Purchase Contract with Zhu Hai Quan Shi Investment Management Ltd.

  • SHENZHEN, China, April 14, 2020 -- Meten EdtechX Education Group Ltd. (“Meten EdtechX” or the “Company”), a leading English language training service provider in China,.
  • 04/14/2020

UPDATE - EdtechX Holdings and Meten International Announce Successful Merger Closing and Capital Raise

  • LONDON, April 01, 2020 -- EdtechX Holdings Acquisition Corp. (“EdtechX”) (Nasdaq: EDTX), the world’s first special purpose acquisition company focused on investing in the.
  • 04/01/2020
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