Ethereum ETF on the horizon as VanEck reportedly moves forward with SEC filing
The US SEC may rule on spot Ether ETFs as soon as this week or next, CNBC has reported. On Monday, VanEck, the $89.5 billion asset management firm, reportedly filed an S-1 with the US SEC for its Spot Ethereum ETF, marking a key step in the approval process.
Bit Digital shares rise after $275M HPC contract announcement - ICYMI
Bit Digital Inc (NASDAQ:BTBT) earlier this week announced the expansion of its contract with an existing high-performance computing (HPC) customer, increasing the contract's total value to $275 million. CEO Sam Tabar highlighted that the client has doubled the fleet size of GPUs, now contributing approximately $92 million per year, locked in for three years.
Bit Digital brings in $4.1M in AI contract revenue in June
Bit Digital Inc (NASDAQ:BTBT) announced that it has 256 servers actively generating revenue for its Bit Digital AI Contract, earning an estimated $4.1 million of unaudited revenue from this contract during June. During the month, the company produced 61.7 Bitcoin, down 2.5% from the previous month.
Bit Digital, Inc. (BTBT) Stock Falls Amid Market Uptick: What Investors Need to Know
Bit Digital, Inc. (BTBT) closed at $3.33 in the latest trading session, marking a -1.91% move from the prior day.
Bit Digital shares skyrocket on $275M HPC contract expansion
Bit Digital Inc (NASDAQ:BTBT) shares surged more than 37% after the digital assets and AI infrastructure firm announced it has finalized a contract expansion with a major high performance computing (HPC) customer bringing the total contract value to $275 million. The company said under the expanded agreement it will supply the existing customer with an additional 2,048 GPUs over three years.
Investors Heavily Search Bit Digital, Inc. (BTBT): Here is What You Need to Know
Bit Digital (BTBT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Wall Street Analysts Think Bit Digital (BTBT) Is a Good Investment: Is It?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Here is What to Know Beyond Why Bit Digital, Inc. (BTBT) is a Trending Stock
Zacks.com users have recently been watching Bit Digital (BTBT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Bit Digital achieves $4.2M in AI contract revenue in May
Bit Digital Inc (NASDAQ:BTBT) told investors that during May it had 256 servers actively generating revenue from its Bit Digital AI Contract, which earned an estimated $4.2 million in unaudited revenue for the month. During May, the Bitcoin miner said it produced 63.3 Bitcoin.
Bit Digital: AI more than just a buzzword for this bitcoin miner
2024 has had its ups and downs for the world's bitcoin miners. For anyone even partially up to date on the bitcoin news cycle, the ups won't come as a surprise.
Bit Digital CEO talks ‘banner' Q1 results, expansion of high performance computing business
Bit Digital Inc (NASDAQ:BTBT) saw a surge in revenue for the first quarter driven by a rising Bitcoin price and its new high performance computing (HPC) services business. Revenue jumped 266% from the year-ago quarter to $30.3 million, including a 166% increase in Bitcoin mining revenue to $21.9 million and $8.1 million in revenue from its HPC business.
Bit Digital, Inc. (BTBT) Q1 2024 Earnings Call Transcript
Bit Digital, Inc. (NASDAQ:BTBT ) Q1 2024 Earnings Conference Call May 16, 2024 10:00 AM ET Company Participants Cameron Schnier - Head of IR Sam Tabar - CEO Erke Huang - CFO Conference Call Participants Mike Grondahl - Northland Securities Joe Gomes - Noble Capital Markets Kevin Dede - H.C. Wainwright Operator Hello and welcome to the Bit Digital First Quarter 2024 Earnings Conference Call.
