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Bitwise Industries was an American company focused on computer programming instruction, technology sales, and real estate operations. Founded in 2013 by Irma Olguin Jr. and Jake Soberal in Fresno , the company grew to have campuses in additional cities before furloughing its workforce and terminating the co-CEOs in June 2023.
Bitwise’s brand was prominently displayed on many of its properties, but what was less known publicly is that most of the company’s California real estate was not wholly owned by the company.
“I wouldn’t be a bit surprised if there wasn’t some kind of federal criminal investigation that follows as well,” Fresno Mayor Jerry Dyer said.
Olguin, 42 and Soberal, 37, say others in the company didn’t know about the scheme that led to the collapse of their firm and the loss of 900 jobs. Federal prosecutors allege the collapse cost ...
The company operates from an office in Bengaluru’s Ibbaluru, Bellandur area. [4] [8] In August 2023, it was announced Navi Group had sold Chaitanya Microfinance to the Mumbai-headquartered microfinance company, Svatantra Microfin for $178.5 million.[30] On 12 March 2022 Navi filed a draft for an INR 3350 crore IPO. [9]
Level 2 data displays the best bid and ask prices (also known as "top-of-book") for each market participant in a given security. In other words, at a given time there may be several market makers participating in trade matching for a specific stock. Level 2 data will display the highest bid and lowest ask for each individual market maker.
That’s where Fresno-based BW Industries Inc., the embattled parent company of Bitwise Industies and other associated companies, was incorporated and filed for bankruptcy on June 28.
A corporation can adjust its stock price by a stock split, substituting a quantity of shares at one price for a different number of shares at an adjusted price where the value of shares x price remains equivalent. (For example, 500 shares at $32 may become 1000 shares at $16.) Many major firms like to keep their price in the $25 to $75 price range.