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Bit Digital Announces Appointment of Amanda Cassatt to Board of Directors

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Rhea-AI Sentiment
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Tags
crypto management

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.

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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

Board appointment effective date: January 1, 2026
1 metrics
Board appointment effective date January 1, 2026 Effective date for Amanda Cassatt joining Bit Digital’s Board

Market Reality Check

Price: $1.64 Vol: Volume 37,051,837 is abou...
normal vol
$1.64 Last Close
Volume Volume 37,051,837 is about 10% above the 20-day average of 33,643,392. normal
Technical Price $2.23 is below the 200-day MA at $2.71 and about 51% below the 52-week high of $4.55.

Peers on Argus

Peer crypto-exposed names show mixed strength: HIVE up 3.28%, BITF up 8.58%, whi...
2 Up

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

5 past events · Latest: Dec 05 (Positive)
Pattern 5 events
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.
Pattern Detected

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.

Recent Company History

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 compa...
Analysis

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, staking, decentralized ecosystem, blockchain, +1 more
5 terms
ethereum-native technical
"a publicly traded digital asset platform focused on Ethereum-native treasury and staking"
Ethereum-native describes a digital asset, application, or feature that was created to run directly on the Ethereum blockchain and relies on its specific rules, tokens and technology. Think of it like an appliance designed for a particular electrical outlet: it plugs into Ethereum’s ecosystem seamlessly, which can boost compatibility, liquidity and user access but also ties value to Ethereum’s network performance, fees and security — key considerations for investors.
staking technical
"digital asset platform focused on Ethereum-native treasury and staking strategies"
Staking is the practice of locking up digital tokens to help run a blockchain network in return for rewards, similar to leaving money in a time deposit that pays interest while it’s unavailable. It matters to investors because staking can generate regular income and affect a token’s circulating supply and price, but it also ties up assets and can carry risks like lock-up periods, reduced liquidity, or technical and platform failures.
decentralized ecosystem technical
"protocols that power the world's largest decentralized ecosystem"
A decentralized ecosystem is a network of digital services, users and operators that share control instead of relying on one central authority, like a town where many shops and residents jointly manage services rather than a single mayor. For investors it matters because value, security and growth depend on broad participation and resilient design rather than one company’s decisions, which can mean stronger network effects but also different governance and regulatory risks to weigh.
blockchain technical
"institutions and startups in the blockchain and crypto industry"
A blockchain is a digital record-keeping system that securely stores information across many computers, making it difficult to alter or tamper with. Think of it like a shared, unchangeable ledger that everyone can see and verify, ensuring transparency and trust. For investors, this technology offers a way to securely track transactions and assets without relying on a central authority, potentially reducing costs and increasing security.
digital assets technical
"experience across digital assets, institutional adoption, and product strategy"
Digital assets are electronic files or representations of value stored electronically, such as cryptocurrencies, digital tokens, or digital art. They matter to investors because they can be bought, sold, and used for transactions much like physical assets, but exist entirely in digital form, offering new opportunities for investment and financial innovation.

AI-generated analysis. Not financial advice.

NEW YORK, Dec. 22, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a publicly traded digital asset platform focused on Ethereum-native treasury and staking strategies, today announced the appointment of Amanda Cassatt, founder and Chief Executive Officer of Serotonin, to its Board of Directors effective January 1, 2026.

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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/bit-digital-announces-appointment-of-amanda-cassatt-to-board-of-directors-302647974.html

SOURCE Bit Digital, Inc.

FAQ

Who is Amanda Cassatt and when does she join Bit Digital's board (BTBT)?

Amanda Cassatt is founder and CEO of Serotonin and former Consensys CMO; she joins the board effective January 1, 2026.

What expertise does Amanda Cassatt bring to Bit Digital (BTBT)?

She brings experience in Ethereum infrastructure, institutional adoption, marketing, and product strategy.

How might Cassatt's appointment affect Bit Digital's strategy (BTBT)?

The company says her perspective will support its expansion in Ethereum and AI infrastructure and compute-driven business models.

When was Bit Digital's board appointment announcement for Amanda Cassatt made?

The appointment was announced on December 22, 2025 and is effective January 1, 2026.

Does Amanda Cassatt have prior experience with Ethereum companies relevant to BTBT?

Yes; she previously served as Chief Marketing Officer at Consensys, a leading Ethereum software company.
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