CHANGSHA, China, Feb. 8, 2023 /PRNewswire/ — Bit Brother Minimal (the “Corporation,” “we”, “BTB” or “Bit Brother”) (NASDAQ: BTB), a tea solution and a crypto finance digital know-how team, has been discovering the application of AI technological innovation to electronic engineering and milk tea&coffee business enterprise situations, these kinds of as pre-income buyer interaction and consultation, basic item information and facts, together with item names, providing factors, threat management needs, software prerequisites, etcetera. Subsequently, we system to maximize its investment in AIGC and ChatGPT, cooperating with suitable scientific exploration establishments and conducting in-depth research in connected systems. We count on that by way of the application of ChatGPT know-how in our business, we could more enrich item-associated text and video clip written content, item providing point descriptions, etc. and appreciably boost its conversion level. We purpose to transform and improve our latest operating design profoundly, rapidly, and extensively. We consider that AIGC will lead a new revolution in the field of digital information, and will come to be the content material generation infrastructure for milk tea& coffee chain business enterprise.
About Bit Brother Limited
Bit Brother Minimal (formerly acknowledged as Urban Tea, Inc.) was included in the British Virgin Islands as a corporation with confined legal responsibility on November 28, 2011. Our organization presently consists of the distribution and retail of specialty tea items. We have conducted exploration and preparing of our blockchain know-how and cryptocurrency mining enterprise since 2021. For far more facts, you should visit: www.bitbrother.com
Forward-Searching Statements
This press release consists of certain statements that may contain “forward-hunting statements.” All statements other than statements of historical reality included herein are “forward-seeking statements.” These forward-looking statements are typically discovered by the use of forward-looking terminology this sort of as “believes,” “expects” or equivalent expressions, involving known and unfamiliar hazards and uncertainties. Despite the fact that the Firm believes that the anticipations mirrored in these ahead-searching statements are reasonable, they do include assumptions, dangers and uncertainties, and these expectations may possibly confirm to be incorrect. You really should not location undue reliance on these forward-seeking statements, which talk only as of the day of this press release. The Firm’s precise benefits could vary materially from these expected in these ahead-on the lookout statements as a result of a selection of factors. These threats and uncertainties include things like, but not are constrained to, the hazard factors explained by BTB in its filings with the Securities and Trade Commission (“SEC”). These chance aspects and those people recognized in other places in this push release, among the other folks, could lead to genuine success to vary materially from historic performance and consist of, but are not confined to:
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Regional government’s policies and regulatory oversight of cryptocurrency mining functions and our other operations
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BTB’s cryptocurrency mining business enterprise is nonetheless under advancement, with quite a few uncertainties in the future route and integration of BTB’s other enterprise segments
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Failure to deal with the freshly introduced cryptocurrency mining small business proficiently
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Failure to entry a large quantity of power at sensible charges could drastically raise BTB functioning costs and adversely impact demand for BTB’s mining routines
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Any important or extended failure in the cryptocurrency mining services that BTB operates or products and services it gives, together with functions over and above its management, would lead to major charges and disruptions and would cut down the attractiveness of its services, harm its business reputation and have a product adverse outcome on its outcomes of procedure
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Stability breaches or alleged safety breaches of our cryptocurrency mining servers could disrupt BTB operations and have a product adverse impact on its small business, economical issue and final results of procedure and
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Fluctuation of the crypto price tag
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Other challenges and uncertainties indicated in BTB’s SEC studies or files filed or to be filed with the SEC by BTB.
Accordingly, ahead-wanting statements should not be relied upon as representing our views as of any subsequent day, and you should not place undue reliance on these ahead-searching statements in choosing whether to invest in our securities. We do not undertake any obligation to update ahead-hunting statements to replicate occasions or situation immediately after the date they had been made, regardless of whether as a final result of new information, long term gatherings or in any other case, except as may perhaps be demanded less than applicable securities legislation.
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