Bit Origin Limited BTOG

Bit Origin Limited (NASDAQ: BTOG) is an emerging leader in the blockchain industry, focused on building a robust Bitcoin mining ecosystem through strategic acquisitions and partnerships. With a strong presence in North America, Bit Origin currently manages a secured power capacity of 14 MW and operates a self-mining hashrate of 403 PH/s as of August 2023. The company’s ambitious growth strategy aims to expand its power capacity to 100 MW by mid-2024, with a projected self-mining hashrate of 1.21 EH/s and hosting capacity of 3.54 EH/s. Bit Origin’s facilities include a 71 MW project in Indiana, powered by nuclear energy, and a 130 MW project in Wyoming, set to be fully energized by early 2024. These state-of-the-art facilities leverage low-cost, stable electricity, ensuring high efficiency and profitability. The company’s innovative incubation model and strategic investments have positioned it as a key player in the Bitcoin mining sector, with over 216.2 BTC mined year-to-date as of August 2023. Led by a seasoned management team with extensive experience in cryptocurrency, finance, and blockchain technology, Bit Origin is committed to shaping the future of the blockchain ecosystem in a sustainable way.

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