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 (BTBT) is a diversified technology enterprise specializing in bitcoin mining, Ethereum staking, and high-performance computing infrastructure solutions. This page serves as the definitive source for all official company announcements, featuring press releases and curated news articles that matter to stakeholders.
Investors and industry observers will find comprehensive coverage of earnings reports, strategic partnerships, and operational developments across BTBT's core business units. The curated selection includes updates on mining capacity expansions, HPC infrastructure milestones, and blockchain network participation initiatives.
Bookmark this resource for direct access to Bit Digital's verified communications. Check regularly for new insights into the company's evolving role in digital asset production and advanced computing services.
Bit Digital, Inc. announced its unaudited digital asset production and corporate updates for April 2024. The company produced 119.3 BTC, a 12.5% decrease from the prior month, mainly due to reduction in block rewards post-halving. The active hash rate was 2.76 EH/s, with BTC and ETH holdings valued at $60.2 million and $61.0 million, respectively. Cash equivalents stood at $43.7 million. Bit Digital AI had 251 revenue-generating servers, earning $4.1 million in revenue. The company staked 17,184 ETH with a 1.0% APY and earned 13.9 ETH in rewards.
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