Bit Origin Limited

Financial stocks advanced in late Wednesday afternoon trading with the NYSE Financial Index adding 0.2% and the Financial Select Sector SPDR Fund (XLF) up 0.3%.
The Philadelphia Housing Index rose 0.4%, and the Real Estate Select Sector SPDR Fund (XLRE) added 0.1%.
Bitcoin (BTC-USD) increased 4.2% to $37,247, and the yield for 10-year US Treasuries was little changed at 4.42%.
In economic news, new orders for US durable goods in October fell 5.4% after a 4% gain in September, versus expectations for a 3.2% drop in a survey compiled by Bloomberg.
The University of Michigan consumer sentiment index was revised to 61.3 for November on Wednesday, compared with expectations for 61 in a survey compiled by Bloomberg.
In corporate news, Broadway Financial (BYFC) said it received a notice from Nasdaq due to its non-compliance with a listing rule because it hasn't yet filed its financial report for the quarter ended Sept. 30. Its shares were rising 4.5%.
Apollo Global Management (APO) and Brookfield Asset Management's (BAM) Brookfield Properties are facing a $264 million lawsuit filed by Sybersound Records over the alleged illegal use of its music tracks at the Kamu Ultra Karaoke lounge, Bloomberg reported Tuesday. Apollo shares were rising 2.7% and Brookfield gained 2%.
Citigroup (C) is planning to expand efforts to tap into the private credit market through the launch of a new direct-lending strategy by early January, Bloomberg reported. The bank's shares were down 0.3%.
Bit Origin (BTOG) said Wednesday it is expanding its business in Wyoming by leading the construction and operation of a 25-megawatt mining data center facility. Its shares fell 6.2%.
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