Bit Digital Announces Appointment of Amanda Cassatt to Board of Directors
Rhea-AI Summary
Bit Digital (Nasdaq: BTBT) announced the appointment of Amanda Cassatt to its Board of Directors, effective January 1, 2026. Cassatt is founder and CEO of Serotonin and previously served as Chief Marketing Officer at Consensys, where she worked on Ethereum infrastructure, tools, and protocols. The company said Cassatt's experience in digital assets, institutional adoption, and product strategy will support Bit Digital's expansion in Ethereum and AI infrastructure and its focus on productive digital-asset strategies and compute-driven business models.
Bit Digital described the addition as strengthening its corporate governance and long-term strategic alignment as it executes its Ethereum- and AI-focused growth strategy.
Positive
- Board appointment of Amanda Cassatt effective Jan 1, 2026
- Cassatt brings prior role as Consensys Chief Marketing Officer
- Serotonin founder and CEO added to board
- Adds experience in Ethereum, institutional adoption, product strategy
- Supports Bit Digital's Ethereum and AI infrastructure growth focus
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
Peer crypto-exposed names show mixed strength: HIVE up 3.28%, BITF up 8.58%, while FUFU is down 4.4%. With BTBT up 10.4% and no same-day peer news, the move appears more stock-specific than broad sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 05 | Monthly ETH metrics | Positive | -7.7% | Reported November ETH holdings, staking activity, and related yields. |
| Nov 14 | Quarterly earnings | Positive | -4.4% | Q3 2025 results showing revenue growth and ETH staking expansion. |
| Nov 07 | Earnings date set | Neutral | -3.2% | Announced date and time for Q3 2025 earnings release and call. |
| Nov 07 | Monthly ETH metrics | Positive | +3.6% | Reported October ETH holdings, acquisitions, and staking rewards. |
| Oct 08 | ETH purchase financing | Positive | +8.0% | Used $150M convertible notes proceeds to purchase additional ETH. |
Recent positive crypto/earnings updates often saw mixed to negative next-day reactions, suggesting a tendency for the stock to sometimes sell off on favorable news.
Over the past few months, Bit Digital focused on an Ethereum-native treasury and staking strategy, regularly disclosing monthly ETH metrics and expanding holdings to over 150,000 ETH. Q3 2025 results highlighted strong revenue of $30.5M and substantial digital asset gains, supported by a $150M convertible notes financing to buy additional ETH. Despite generally positive fundamentals, several crypto and earnings-related releases around October–November 2025 saw mixed price reactions. Today’s board appointment ties into the ongoing Ethereum- and AI-centric strategy rather than a financial update.
Market Pulse Summary
This announcement adds an experienced Ethereum-focused executive to Bit Digital’s Board as the company pursues Ethereum-native treasury, staking, and AI infrastructure strategies. Recent filings and news emphasized growing ETH holdings, strong Q3 2025 results, and use of convertible notes to expand digital asset exposure. Investors may watch how board-level expertise influences future disclosures on ETH treasury management, AI-related initiatives, and capital structure decisions, alongside ongoing regulatory filings and insider activity.
Key Terms
ethereum-native technical
staking technical
decentralized ecosystem technical
blockchain technical
digital assets technical
AI-generated analysis. Not financial advice.
Cassatt previously served as Chief Marketing Officer at Consensys, the leading Ethereum software company, building the infrastructure, tools, and protocols that power the world's largest decentralized ecosystem, where she helped shape early market narratives around Ethereum and its ecosystem. Serotonin is a services company for institutions and startups in the blockchain and crypto industry and has played a central role in introducing blockchain technologies to mainstream audiences.
The Company noted that Cassatt brings experience across digital assets, institutional adoption, and product strategy at a time when Bit Digital continues to expand its presence in Ethereum and AI infrastructure. Her perspective is expected to support the Company's focus on productive digital asset strategies and compute-driven business models.
"I look forward to supporting the mission of making Ethereum and AI compute accessible to the public markets," Cassatt said. "I appreciate Bit Digital's thoughtful, long-term approach to the assets and infrastructure that matter most for the future."
"Amanda's experience sits directly at the intersection of Bit Digital's strategic priorities," said Sam Tabar, Chief Executive Officer of Bit Digital. "She brings a deep understanding of digital assets, infrastructure, and how emerging technologies are communicated to institutional audiences. As the market increasingly differentiates between speculative exposure and productive digital infrastructure, her perspective will be a valuable addition to the Board."
With the addition of Cassatt, Bit Digital continues to strengthen its corporate governance and long-term strategic alignment as it executes on its Ethereum and AI-focused growth strategy.
About Bit Digital
Bit Digital is a publicly traded digital asset platform focused on Ethereum-native treasury and staking strategies. The Company began accumulating and staking ETH in 2022 and now operates one of the largest institutional Ethereum staking infrastructures globally. Bit Digital's platform includes advanced validator operations, institutional-grade custody, active protocol governance, and yield optimization. Through strategic partnerships across the Ethereum ecosystem, Bit Digital aims to deliver exposure to secure, scalable, and compliant access to onchain yield. Bit Digital also holds a majority equity stake in WhiteFiber (Nasdaq: WYFI), a leading AI infrastructure provider and HPC solutions. For additional information, please contact ir@bit-digital.com or follow us on LinkedIn or X.
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SOURCE Bit Digital, Inc.