Bit Digital, Inc. reports company developments around its role as a Strategic Asset Company focused on Ethereum infrastructure and AI/HPC infrastructure exposure. Recurring updates cover ETH treasury balances, staking activity, protocol-native rewards, and the company’s participation in the Ethereum network.
News also includes financial results, conference-call announcements, shareholder communications, governance and investor-relations changes, and updates tied to Bit Digital’s majority ownership stake in WhiteFiber, a separately managed public company focused on AI and high-performance computing infrastructure.
Bit Digital, Inc. (Nasdaq: BTBT) announced its name change from Golden Bull Limited effective September 14, 2020. This decision follows the election of two independent directors at the Annual Meeting of Shareholders on September 4, 2020, aimed at enhancing governance. Additionally, the Company completed a significant shift by selling its peer-to-peer lending subsidiary for nominal consideration on September 8, 2020. With a focus now on bitcoin mining, Bit Digital expects to bolster revenues and shareholder value moving forward, as stated by CFO Erke Huang.