Investornewsbreaks Bit Digital Inc. (NASDAQ: BTBT) Provides...| MENAFN.COM

Wednesday, 18 May 2022 09:50 GMT

Investornewsbreaks Bit Digital Inc. (NASDAQ: BTBT) Provides April 2022 Production, Corporate Updates


(MENAFN- Investor Brand Network)

Bit Digital Inc. (NASDAQ: BTBT) , a Bitcoin mining company headquartered in New York, has released its unaudited bitcoin production and corporate updates for April 2022. According to the announcement, during the month the company earned 76.23 Bitcoins and 77.32 ETH, and reported BTC and ETH treasury holdings of 754.32 and 323.95 with a fair market value of approximately $28.4 million and $1.1 million. In addition, the company announced that it owns 30,865 Bitcoin miners and 731 Ethereum miners at month end, with an estimated maximum total hash rate of 1.9 EH/s and 0.3 TH/s, respectively. Bit Digital also continues to work with its hosting partners to deploy miners, with 34.7% of its currently owned fleet, or 10,250 bitcoin miners and 713 Ethereum miners representing 0.552 Exahash (“EH/s”) and 0.188 Terahash (“TH/s”) respectively, being deployed in North America by April 30, 2022. The company will also be participating in two conferences in May: the H.C. Wainwright Global Investment Conference, held in Miami Beach, Florida, and the B. Riley Securities 22nd Annual Institutional Investor Conference in Beverly Hills, California.

To view the full press release, visit 

About Bit Digital Inc.

Bit Digital is a Bitcoin mining company headquartered in New York City. The company's mining operations are located in North America. For additional information about this company, visit  .

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you'll need to ensure that your next press release grabs the attention of your target audience and doesn't let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.

As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire's syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.

For more information, please visit 

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: 

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office

InvestorWire is part of the InvestorBrandNetwork .

MENAFN13052022000224011066ID1104206737


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.