Bit Digital Expands North American Bitcoin Hosting Partnerships with Compute North and Link Global Technologies

NEW YORK, Feb. 23, 2021 /PRNewswire— Bit Digital, Inc. (Nasdaq: BTBT), an emerging Bitcoin mining company headquartered in New York, announced today a group of hosting partnerships that will expand its operations across North America. Compute North and Link Global Technologies (CNSX: LNK) are the hosting companies that are partnering with Bit Digital. This strategic move will grant Bit Digital the ability … Read more

Bit Digital, Inc. Announces Management Changes

NEW YORK, Feb. 3, 2021 /PRNewswire/ — Bit Digital, Inc. (Nasdaq: BTBT), (the “Company”), an emerging bitcoin mining company headquartered in New York announced today certain management changes. The Company’s Board of Directors accepted the resignation of Ping Liu as Chairwoman of the Board, as she resigned for personal health reasons. The Board then elected Zhaohui Deng (previously misidentified as Chaohui Deng), an independent director, as Chairman … Read more

Bit Digital, Inc. Responds to False Accusations

NEW YORK, Jan. 19, 2021 /PRNewswire/ — Bit Digital, Inc. (Nasdaq: BTBT), (the “Company”), an emerging bitcoin mining company headquartered in New York is responding to false accusations given to the marketplace. As a result of the recent dramatic rise in the price of bitcoin, with the corresponding increase in our stock price, Management is compelled to refute certain false … Read more

Bit Digital, Inc. Announces $80 Million Equity Line Facility

NEW YORK, Jan. 12, 2021 /PRNewswire/ — Bit Digital, Inc. (Nasdaq: BTBT) (the “Company”), an emerging bitcoin mining company headquartered in New York, U.S. today announced that it had entered into an $80 million private equity line facility with the same institutional investor which had executed a Securities Purchase Agreement on December 31, 2020, to purchase $1,650,000 of convertible subordinated bridge notes (the “Investor”).  The … Read more

Bit Digital, Inc. Announces the Third Quarter of Fiscal Year 2020 Financial Results

NEW YORK, Dec. 18, 2020 /PRNewswire/ — Bit Digital, Inc. (Nasdaq: BTBT) (the “Company”), an emerging bitcoin mining company headquartered in New York, U.S. today announced its unaudited financial results for the third quarter ended September 30, 2020. Financial Highlights for the Third Quarter 2020 Revenue from bitcoin mining business was $7.91 million. The number of bitcoins earned from bitcoin mining … Read more

Bit Digital, Inc. completed the acquisition of $13,902,742 worth of bitcoin miners with total hash rate of 1,003.5 Ph/s

NEW YORK, Dec. 4, 2020 /PRNewswire/ — Bit Digital, Inc. (Nasdaq: BTBT), a Nasdaq listed Bitcoin mining company headquartered in New York announced that on December 3, 2020, it had completed the acquisition of $13,902,742worth of bitcoin miners with total hash rate of 1,003.5 Ph/s with certain non-U.S. investors in exchange for an aggregate of 4,344,603 ordinary shares at the price of $3.20 per share, … Read more