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B2DIGITAL INC - BTDG STOCK NEWS

Welcome to our dedicated page for B2DIGITAL news (Ticker: BTDG), a resource for investors and traders seeking the latest updates and insights on B2DIGITAL stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect B2DIGITAL's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of B2DIGITAL's position in the market.

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B2Digital (OTCMKTS:BTDG) is set for an exciting weekend with the B2 Fighting Series 127 & 128 at the Sloan Convention Center in Bowling Green, Kentucky, on July 23rd and 24th. The event will feature 27 MMA bouts, including three championship fights and notable fighters aiming for future UFC opportunities. With no crowd capacity limits for this post-pandemic event, the company anticipates increased revenues. CEO Greg P. Bell highlighted the robust revenue growth from both live events and training facilities, showcasing a positive outlook for shareholders.

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B2Digital (OTCMKTS:BTDG) reported record revenues from its latest event, Colosseum Combat 54, generating $33,570 from ticket sales, $4,590 from pay-per-view, and $3,000 from sponsorships. Average revenues per event have increased to over $39,000, reflecting a 30% rise from historical figures. Management anticipates scaling to over 40 events annually and hints at significant growth in sponsorship revenue. The company is also focused on expanding its training facilities network. B2Digital operates primarily in live MMA events and fitness facilities.

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13.95%
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B2Digital (OTCMKTS:BTDG), a leading development league for mixed martial arts, is set to host the B2 Fighting Series at the Kokomo Event & Conference Center in Indiana on July 17. The event, titled Coliseum Combat 54, is expected to draw a full house as in-person ticket sales are nearly sold out. Recent events have seen record revenues, with approximately $36K and $40K in gate and PPV sales, respectively. The inaugural event in Columbus, GA, also exceeded expectations with over $22K in sales, indicating strong growth for the B2 Fighting Series brand.

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-9.52%
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B2Digital (OTCMKTS:BTDG) announced preliminary results for the three months ended June 30, 2021, indicating explosive growth despite ongoing capacity restrictions. Revenue was at a pace of $2.1 million annually, with 43% from live events and 57% from the Gym segment. The Company expects a nearly 400% year-over-year growth for the September quarter if trends continue. B2Digital’s Gym segment is expanding with sequential quarterly revenue growth of 15-20% per location.

Live event capacity is expected to increase, enhancing revenue potential.

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41.67%
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B2Digital, operating in the MMA sector under stock symbol BTDG, reports significant developments from its recent B2FS 123 event and the launch of a new MMA website. The B2FS 123, held in Nashville, featured 13 fights, attracting a full house. The company noted a revenue increase, with average gate sales now at $20,000 per event and an additional $8,000 from pay-per-view streams. CEO Greg P. Bell highlighted the brand's growth potential with eight more events scheduled this quarter, aiming to exceed past performance metrics.

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3.45%
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B2Digital, operating the B2 Fighting Series (OTCMKTS:BTDG), announced a live MMA event on May 29 at the Farm Bureau Expo Center in Nashville, TN. The event will feature 13 bouts, including a headline fight between local Nathan Lindsay and Anthony Canzano. In-person tickets are nearly sold out, with streaming available via Pay-Per-View. CEO Greg P. Bell highlighted the growing success in their live events segment and plans for more events in the upcoming months to enhance their brand and market reach.

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8%
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B2Digital has announced the acquisition of Club Fitness in Birmingham, Alabama, marking a significant expansion of its operations. This purchase includes all assets and customer relationships of Club Fitness, enhancing B2Digital's training facilities under its 'One More Gym' branding. The facility will be renovated to include areas for Jiu-Jitsu, Boxing, and MMA training, supporting the company's goal to drive long-term shareholder value. CEO Greg P. Bell highlighted the strategic fit of this location within B2Digital's existing operations and its potential for revenue growth.

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B2Digital (OTCMKTS:BTDG) reports a successful MMA event (B2FS 121) held at the Northern Kentucky Convention Center, featuring a title fight won by Jason Butcher. The crowd was sold out, and in-person ticket sales showed strong demand, complemented by positive trends in pay-per-view sales. B2Digital continues to grow its MMA presence, with another event scheduled in Kansas City on May 15. The company aims to develop a robust MMA league, leveraging its extensive experience in live events and digital media.

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-4%
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B2Digital (OTCMKTS:BTDG) reports promising trends in its Live Events, estimating potential annualized sales of $1.5-2 million, excluding sponsorship revenue. April events generated about $88,000 in combined sales, averaging $29,300 per event with gate sales of $21,000 and Pay-Per-View sales of $8,200. These events sold out under 50% capacity due to Covid-19 restrictions, indicating high demand. With a projected increase to 50 events annually and a 1,550% rise in PPV sales, the company anticipates higher revenue forecasts amidst improving market conditions.

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3.85%
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B2Digital (OTCMKTS:BTDG) is set to host the B2 Fighting Series at the Macon Marriott City Center, Georgia, on April 17, featuring ten MMA bouts. With in-person tickets nearly sold out, fans can stream the event via Pay-Per-View. Highlighted fights include undefeated Cole Ferrell against Tim Eschtruth and a pro bout between Carlos Figueroa and Chase Boutwell. The event marks B2Digital's first in Georgia since receiving licensing earlier this year. CEO Greg P. Bell noted a surge in live event revenues, attributing this growth to effective social media marketing strategies.

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-1.92%
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FAQ

What is the market cap of B2DIGITAL (BTDG)?

The market cap of B2DIGITAL (BTDG) is approximately 7.9K.

B2DIGITAL INC

OTC:BTDG

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BTDG Stock Data

7.90k
7.76B
1.79%
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Consumer Cyclical
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United States of America
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