Welcome to our dedicated page for Bit Digital news (Ticker: BTBT), a resource for investors and traders seeking the latest updates and insights on Bit Digital stock.
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 a collaboration with Compute North LLC, a leading bitcoin colocation provider. This partnership aims to enhance Bit Digital's bitcoin mining operations in North America, following the incorporation of its subsidiary, Bit Digital USA, Inc. in Delaware on September 1, 2020. The service agreement will help lower operational costs by managing mining equipment and securing necessary facilities.
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.