Bit Digital, Inc.

BTBT
$2.94 (11.79%) 08:00 PM 03/07/25

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Company Overview

Bit Digital, Inc. (NASDAQ: BTBT) is a leading digital asset production and high-performance computing (HPC) services company, committed to sustainability and innovation. With over 50,000 specialized Bitcoin miners across hosting locations in the U.S., Canada, and Iceland, Bit Digital has an operating hashrate of 2.46 EH/s as of July 2024. The company is focused on expanding its mining capacity, targeting a total fleet size of 6.0 EH/s by the end of 2024. Bit Digital is also a pioneer in integrating generative AI with its HPC services. The company provides specialized infrastructure for AI workstreams, leveraging over 2,000 NVIDIA H100 GPUs deployed in a purpose-built data center in Iceland. This diversification into AI services enhances Bit Digital’s revenue streams, with a goal of achieving $100 million in run-rate AI revenue by the end of 2024. Sustainability is at the core of Bit Digital’s operations, with approximately 86% of its energy usage sourced from carbon-free power. The company’s innovative "flywheel" strategy, which involves staking Ethereum to generate yield and reinvest in Bitcoin mining, exemplifies its commitment to maximizing efficiency and value for its stakeholders. With a strong balance sheet and zero debt, Bit Digital is well-positioned for continued growth and leadership in the digital asset and AI sectors.

Bit Digital, Inc. website url Visit Website Bit Digital, Inc. linkedin url Bit Digital, Inc. twitter url
Stock Exchange NASDAQ
IPO Date 2018-03-20
Number of Employees 54
Headquarters New York City, New York, United States

Key Executives

Mr. Samir Tabar

Chief Executive Officer
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Ms. Luna Tan

Managing Director
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Mr. Benjamin Lamson

Head of Revenue
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Mr. Erke Huang

Chief Financial Officer & Director
Mr. Erke Huang linkedin Mr. Erke Huang twitter

Mr. William Cameron Schnier C.F.A.

Head of Investor Relations
Mr. William Cameron Schnier C.F.A. linkedin Mr. William Cameron Schnier C.F.A. twitter

Mr. Justin Zhu

Senior Vice President of Finance
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Mr. Tom Sanfilippo

Chief Technology Officer
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Mr. Jiashu Xiong

Executive Director
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Mr. David Bayle

Chief Technology Officer in Enovum
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Mr. Billy Krassakopoulos

Chief Executive Officer of Enovum
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Mr. Erke Huang

Chief Financial Officer, Secretary & Director
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Press Releases

FAQ

The next earnings report date for Bit Digital, Inc. (BTBT) is scheduled for August 18, 2025. Stay up to date with BTBT’s financial results and key announcements by visiting our Earnings Tracker or by subscribing to earnings alerts. Here we also provide BTBT earnings call summaries and transcripts.

As of January 31, 2025, Bit Digital, Inc. holds approximately 768.7 BTC as part of its corporate Bitcoin treasury strategy. For more comprehensive insights, you can track BTBT's Bitcoin holdings on our Bitcoin Treasuries page.

In January 2025, Bit Digital, Inc. produced 28.7 BTC through its mining operations. Explore the historical monthly production data for BTBT on our Bitcoin Production page.

As of January 31, 2025, Bit Digital, Inc. has an operating hash rate of 1.6 EH/s. Track BTBT's historical hash rate growth on our Hash Rate tracker page.

The current stock price of Bit Digital, Inc. (BTBT) is $2.94 as of 08:00 PM 03/07/25. For live stock updates and company rankings, view our Bitcoin mining stocks by market cap table.

The latest news for Bit Digital, Inc. (BTBT) includes Bit Digital, Inc. Announces Full Exercise of Underwriters' Option to Purchase Additional Ordinary Shares published on July 01, 2025. For more details and ongoing updates, visit the BTBT news section.