Bit Brother Ltd. Regains Compliance with Nasdaq Minimum Bid Price Requirements for Continued Listing

Bit Brother Limited (the “Company,” “we” or “Bit Brother”) (NASDAQ: BTB), is pleased to announce that it has regained compliance with Nasdaq’s minimum bid price requirement.

On November 3, 2021, the Company received a written notification from the Nasdaq Stock Market Listing Qualifications Staff, indicating that the Company has regained compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) based on the Company’s closing bid price being $1.00 per share or greater for 10 consecutive business days from October 20, 2021 to November 2, 2021.

About Bit Brother Limited.

Bit Brother Limited (formerly known as Urban Tea, Inc.) was incorporated in the British Virgin Islands as a company with limited liability on November 28, 2011. Our business currently consists of the distribution and retail of specialty tea products. For more information, please visit: