Bit Digital CEO Sam Tabar says the commercial Bitcoin mining industry is “doomed” — even though Bitcoin mining itself will live on. The “Bitcoin mining industry is going to be dead in two years” he ...
The company began building its ether position and Ethereum staking infrastructure in 2022. As of March 31, Bit Digital held 24,434.2 ETH, valued at $44.6 million, and 417.6 BTC worth $34.5 million. It ...
Bit Digital, a global platform for high-performance computing (HPC) infrastructure and digital asset mining company, has announced plans to raise up to $500 million through an at-the-market (ATM) ...
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Bitcoin Mining Stocks Are Decoupling From the Price of Bitcoin. Here's What Investors Need to Know.
Bitcoin's rising price lifted the stocks of many companies invested in the cryptocurrency's future. Strategy (NASDAQ: MSTR), ...
Nasdaq-listed Bit Digital has completed a $163 million equity raise specifically to purchase Ethereum, marking a dramatic pivot from Bitcoin mining to ETH treasury accumulation as the company seeks to ...
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