Bit Digital Inc. (BTBT) Is Getting Interesting

BTBT Featured in Bloomberg In-Depth Video Report:

BTBT, a bitcoin mining firm, is one of the largest currently-owned fleets among US-listed bitcoin miners. Bit Digital, on 5th August 2021, revealed that it has featured in Bloomberg in-depth video report. The emphasis of the video was on its achievements and endeavors to manipulate carbon-neutral power sources for mining.CEO Bryan Bullett remarked that BTBT admires Bloomberg’s coverage of the crucial topic of sustainability in bitcoin mining, and for accentuating their struggle.

Digihost and Bit Digital Expanded Strategic Partnership:

On 26th July 2021, BTBT asserted that it had joined the second strategic co-mining consensus with Digihost. According to the treaty, Digihost will deliver specific premises to Bit Digital for the operation of a 100 MW Bitcoin mining system for terms of two years. This broadened affiliation between both firms will promote the hash rate of roughly 2 EH between them. The total gain in hash rate between the two firms was nearly 2.4 EH. It includes the initial affiliation consensus that was declared earlier on 10th June 2021.

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New US Office in Miami Beach:

On 23rd July 2021, BTBT disclosed that it had rented out the office space at 429 Lenox Avenue, Miami Beach, Florida. It will be the second US office site of BTBT. Bit Digital’s US management team will supervise and oversee the new office. The Miami Metropolitan Area has arisen as a dominant center in the crypto community, CEO Bryan Bullett commented. Bit Digital is excited to get this location and to be part of Miami’s active crypto hub, he added.

Appointments of Justin Zhu:

BTBT, on 20th July 2021, declared that it had elected Justin Zhu as Vice President of Finance. He joined Bit Digital in July 2021 and has experience of 9 years in the finance sector. He worked as Young’s Financial Accounting Advisory in New York for the past 6 years. In addition, he worked as Senior Manager in Ernst.


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