Bit Digital, Inc. Ordinary Shares
BTBTBit Digital, Inc. is a digital asset mining company focused on cryptocurrency mining operations, primarily Bitcoin. The company operates data centers equipped with mining hardware, aiming to capitalize on the growing demand for cryptocurrency and blockchain technologies. Headquartered in New York, Bit Digital emphasizes scalable and energy-efficient mining practices to enhance its operational efficiency within the competitive digital currency mining industry.
Company News
Multiple IT stocks experienced varied price movements during Monday's after-market trading session, with some companies seeing gains while others experienced declines.
Bit Digital plans to raise $100 million through convertible senior notes due in 2030, with proceeds primarily intended for purchasing Ethereum and potential digital asset investments.
In July 2025, the crypto market experienced a bullish phase after the GENIUS Act signing, with Bitcoin reaching an all-time high of $123,000 and Ethereum gaining 54.3%. Stablecoin inflows hit $8 billion, and several companies began accumulating Ethereum as a strategic asset.
Ethereum has surged 65% in the past month, potentially signaling an 'altcoin season' with new crypto legislation and growing investor interest in decentralized finance and stablecoins.
