Bit Digital Inc (NASDAQ:BTBT)'s announcement that it has secured the rights to a new data center site in Saint-Jérôme, Québec, in support of its previously disclosed 5MW colocation agreement with generative AI infrastructure provider Cerebras Systems has been welcomed as a positive development by analysts at Noble Capital Markets. Bit Digital has secured a 202,000-square-foot facility on 7.7 ac...
Bit Digital Inc (NASDAQ:BTBT) said on Friday it has secured rights to a new data center site in Saint-Jérôme, Québec. The new location will support a previously announced 5MW colocation agreement with Cerebras Systems, a developer of generative AI infrastructure.
NEW YORK , April 11, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company") announced today that it has secured the rights to a new data center site in Saint-Jérôme, Québec ("MTL-3"), which is under development and will support the previously announced 5MW colocation agreement with Cerebras Systems ("Cerebras"), a leader in generative AI infrastructure. The facil...
Bit Digital Inc (NASDAQ:BTBT) announced that its subsidiary WhiteFiber has struck a partnership with Shadeform, a multi-cloud GPU marketplace, to bring on-demand Nvidia B200 GPUs to customers worldwide, starting in April. WhiteFiber, known for its next-generation AI/ML-optimized GPU cloud infrastructure, will leverage Shadeform's expansive multi-cloud management capabilities and GPU marketplace...
NEW YORK , March 20, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York, announced today that subsidiary WhiteFiber, a leading provider of high-performance GPU cloud infrastructure, and Shadeform, the premier multi-cloud GPU marketpl...
Bit Digital Inc (NASDAQ:BTBT) has earned a repeat ‘Outperform' rating from analysts at Noble Capital Research, who remain bullish on the Bitcoin mining and high performance computing (HPC) firm following the release of its fiscal 2024 financial report. “The 2024 fiscal year was transformative for Bit Digital, as the company expanded into the colocation business with the acquisition of Enovum,” ...
Bit Digital's revenue surged 140% YoY in 2024, driven by a strategic pivot to Cloud and Colocation Services, now its largest revenue segment. Despite the growth, Bit Digital's operations showed a $28.1 million loss without unrealized crypto gains, highlighting dependency on digital asset valuation. The balance sheet is strong with no debt and high liquidity, but heavy reliance on ETH has been a...
Bit Digital, Inc. (NASDAQ:BTBT ) Q4 2024 Earnings Conference Call March 14, 2025 8:30 AM ET Company Participants Cameron Schnier - Head of IR Samir Tabar - CEO Erke Huang - CFO Ben Lamson - Head of Revenue, WhiteFiber Billy Krassakopoulos - CEO, Enovum Conference Call Participants Mike Grondahl - Northland Securities Nick Giles - B. Riley Securities George Sutton - Craig-Hallum Kevin Dede - H.C.
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