• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Bit Digital, Inc. Acquires Another Metropolitan Site for Tier-3 Data Center Expansion

    12/30/24 8:00:00 AM ET
    $ARE
    $BTBT
    Real Estate Investment Trusts
    Real Estate
    Finance: Consumer Services
    Finance
    Get the next $ARE alert in real time by email

    NEW YORK, Dec. 30, 2024 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York, announced today that is has acquired the real estate and building for a build-to-suit 5MW Tier-3 data center expansion project in Montreal, Canada. This acquisition is part of Bit Digital's strategy to expand its HPC data center footprint to 32MW during 2025. This site also comprises part of Bit Digital's 288MW proprietary pipeline announced earlier this year. 

    (PRNewsfoto/Bit Digital, Inc.)

    Bit Digital purchased the site ("MTL2") for CAD $33.5 million (approximately USD $23.3MM assuming a CAD/USD exchange rate of 0.70) excluding fees. The acquisition closed on December 27, 2024. Bit Digital initially funded the purchase with cash on hand and is in the process of securing mortgage financing for both the site acquisition and subsequent infrastructure capex.   

    The Company expects to spend approximately CAD $27.6 million (approx. USD $19.3MM) to develop the site to Tier-3 standards with an initial gross load of 5MW. The site is expected to be completed and operational by May 2025. 

    MTL2, a 160,000 square feet site that was previously used as an encapsulation manufacturing facility, is located in Pointe-Claire, QC. Bit Digital plans to retrofit the site with advanced cooling technology, including direct-to-chip liquid cooling, which enhances energy efficiency and supports AI and other high-performance workloads with 150kW rack density. The Company is collaborating with third parties to implement a heat reject loop to further enhance the sustainability profile of the datacenter. The facility will be powered by 100% renewable hydroelectricity provided by Hydro-Quebec. Additionally, the site offers the potential to expand, enabling scalable growth aligned with market demand. 

    Sam Tabar, Bit Digital's CEO, commented: "This site acquisition marks an important step forward in our data center growth plans. This site is a Class A industrial property that was a former encapsulation manufacturing facility that included premium infrastructure specifications. It is located in one of the most desirable commercial real estate locations in Montreal. By leveraging the existing infrastructure, including over CAD $750 thousand worth of advanced HVAC equipment included in the purchase, we are able to lower our development costs and accelerate our time to market – a key advantage and core tenet of our development strategy. The development timeline aligns with the demands of a new customer that intends to fill the capacity with new generation Nvidia GPUs.

    We are in the process of securing cost-effective mortgage financing for this project which we intend to announce upon finalization. We believe this will ultimately showcase Bit Digital's ability to cost-effectively finance its data center buildout in a non-dilutive manner." 

    About Bit Digital

    Bit Digital, Inc. is a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York City. Our bitcoin mining operations are located in the US, Canada, and Iceland. For additional information, please contact [email protected] or visit our website at www.bit-digital.com.

    Investor Notice

    Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under "Risk Factors" in Item 3.D of our Annual Report on Form 20-F for the fiscal year ended December 31, 2023 ("Annual Report"). Notwithstanding the fact that Bit Digital Inc. has not conducted operations in the PRC since September 30, 2021 we have previously disclosed under Risk Factors in our Annual Report: "We may be subject to fines and penalties for any noncompliance with or any liabilities in our former business in China in a certain period from now on." Although the statute of limitations for non-compliance by our former business in the PRC is generally two years and the Company has been out of the PRC, for more than two years, the Authority may still find its prior bitcoin mining operations involved a threat to financial security. In such event, the two-year period would be extended to five years. If any material risk was to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. Future changes in the network-wide mining difficulty rate or bitcoin hash rate may also materially affect the future performance of Bit Digital's production of bitcoin. Actual operating results will vary depending on many factors including network difficulty rate, total hash rate of the network, the operations of our facilities, the status of our miners, and other factors. See "Safe Harbor Statement" below.

    Safe Harbor Statement

    This press release may contain certain "forward-looking statements" relating to the business of Bit Digital, Inc., and its subsidiary companies. All statements, other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," or similar expressions, involving known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/bit-digital-inc-acquires-another-metropolitan-site-for-tier-3-data-center-expansion-302339966.html

    SOURCE Bit Digital, Inc.

    Get the next $ARE alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $ARE
    $BTBT

    CompanyDatePrice TargetRatingAnalyst
    Alexandria Real Estate Equities Inc.
    $ARE
    3/17/2025$100.00Hold
    Jefferies
    Bit Digital Inc.
    $BTBT
    1/21/2025$6.00Buy
    Craig Hallum
    Alexandria Real Estate Equities Inc.
    $ARE
    11/27/2024$133.00 → $121.00Overweight → Neutral
    Analyst
    Alexandria Real Estate Equities Inc.
    $ARE
    11/15/2024$135.00 → $112.00Buy → Hold
    Deutsche Bank
    Alexandria Real Estate Equities Inc.
    $ARE
    10/25/2024$130.00 → $125.00Outperform → Sector Perform
    RBC Capital Mkts
    Bit Digital Inc.
    $BTBT
    10/24/2024$6.00Buy
    B. Riley Securities
    Alexandria Real Estate Equities Inc.
    $ARE
    9/13/2024$130.00 → $125.00Buy → Neutral
    Citigroup
    Alexandria Real Estate Equities Inc.
    $ARE
    8/2/2024$136.00 → $127.00Buy → Hold
    Jefferies
    More analyst ratings

    $ARE
    $BTBT
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Chief Executive Officer Tabar Samir converted options into 255,000 units of Ordinary Shares, increasing direct ownership by 12% to 2,363,089 units (SEC Form 4)

      4 - Bit Digital, Inc (0001710350) (Issuer)

      7/18/25 5:10:34 PM ET
      $BTBT
      Finance: Consumer Services
      Finance
    • Chief Financial Officer Huang Erke converted options into 255,000 units of Ordinary Shares, increasing direct ownership by 14% to 2,050,000 units (SEC Form 4)

      4 - Bit Digital, Inc (0001710350) (Issuer)

      7/18/25 5:09:49 PM ET
      $BTBT
      Finance: Consumer Services
      Finance
    • Director Klein Richard Hunter was granted 86 shares, increasing direct ownership by 0.48% to 17,997 units (SEC Form 4)

      4 - ALEXANDRIA REAL ESTATE EQUITIES, INC. (0001035443) (Issuer)

      7/17/25 5:34:31 PM ET
      $ARE
      Real Estate Investment Trusts
      Real Estate

    $ARE
    $BTBT
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Jefferies initiated coverage on Alexandria RE with a new price target

      Jefferies initiated coverage of Alexandria RE with a rating of Hold and set a new price target of $100.00

      3/17/25 7:22:41 AM ET
      $ARE
      Real Estate Investment Trusts
      Real Estate
    • Craig Hallum initiated coverage on Bit Digital with a new price target

      Craig Hallum initiated coverage of Bit Digital with a rating of Buy and set a new price target of $6.00

      1/21/25 8:42:47 AM ET
      $BTBT
      Finance: Consumer Services
      Finance
    • Alexandria RE downgraded by Analyst with a new price target

      Analyst downgraded Alexandria RE from Overweight to Neutral and set a new price target of $121.00 from $133.00 previously

      11/27/24 7:18:17 AM ET
      $ARE
      Real Estate Investment Trusts
      Real Estate

    $ARE
    $BTBT
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Pierce Brock Jeffrey bought $1,000,000 worth of Ordinary Shares (500,000 units at $2.00) (SEC Form 4)

      4 - Bit Digital, Inc (0001710350) (Issuer)

      6/27/25 10:32:30 AM ET
      $BTBT
      Finance: Consumer Services
      Finance
    • Chief Executive Officer Tabar Samir bought $1,500,000 worth of Ordinary Shares (750,000 units at $2.00), increasing direct ownership by 55% to 2,108,089 units (SEC Form 4)

      4 - Bit Digital, Inc (0001710350) (Issuer)

      6/26/25 3:35:08 PM ET
      $BTBT
      Finance: Consumer Services
      Finance

    $ARE
    $BTBT
    SEC Filings

    See more
    • SEC Form PRE 14A filed by Bit Digital Inc.

      PRE 14A - Bit Digital, Inc (0001710350) (Filer)

      7/25/25 4:05:24 PM ET
      $BTBT
      Finance: Consumer Services
      Finance
    • Alexandria Real Estate Equities Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - ALEXANDRIA REAL ESTATE EQUITIES, INC. (0001035443) (Filer)

      7/21/25 4:15:02 PM ET
      $ARE
      Real Estate Investment Trusts
      Real Estate
    • SEC Form S-8 filed by Alexandria Real Estate Equities Inc.

      S-8 - ALEXANDRIA REAL ESTATE EQUITIES, INC. (0001035443) (Filer)

      7/21/25 4:13:47 PM ET
      $ARE
      Real Estate Investment Trusts
      Real Estate

    $ARE
    $BTBT
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • U.S.-Listed Mega Matrix Enters Stablecoin Sector with Strategic Transformation and $16 Million Financing

      NEW YORK, July 25, 2025 /PRNewswire/ -- Amid increasingly clear global regulatory frameworks for stablecoins, the asset class is moving beyond its experimental phase and entering a period of institutionalized growth. Mega Matrix Corp. (NYSE:MPU) recently announced the completion of a $16 million private placement and officially launched its strategic expansion into the stablecoin sector. This marks a critical step in the Company's transformation into a structured participant in the evolving global digital financial infrastructure. The private placement attracted a number of crypto-focused funds and industry professionals, reflecting strong market recognition of and confidence in Mega Matrix'

      7/25/25 12:33:00 PM ET
      $BTBT
      $MARA
      $MPU
      $MSTR
      Finance: Consumer Services
      Finance
      EDP Services
      Technology
    • Alexandria Real Estate Equities, Inc. Reports: 2Q25 and 1H25 Net Loss per Share - Diluted of $(0.64) and $(0.71), respectively; and 2Q25 and 1H25 FFO per Share - Diluted, as Adjusted, of $2.33 and $4.63, respectively

      PASADENA, Calif., July 21, 2025 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE:ARE) announced financial and operating results for the second quarter ended June 30, 2025.   Key highlights Operating results 2Q25 2Q24 1H25 1H24 Total revenues: In millions $        762.0 $        766.7 $      1,520.2 $      1,535.8 Net (loss) income attributable to Alexandria's common stockholders – diluted: In millions $       (109.6) $          42.9 $       (121.2) $         209.8 Per share $        (0.64) $          0.25 $         (0.71) $           1.22 Funds from operations attributable to Alexandria's common stockholders – diluted, as adjusted: In millions $        396.4 $        405

      7/21/25 4:10:00 PM ET
      $ARE
      Real Estate Investment Trusts
      Real Estate
    • Bit Digital Inc. Continues Expansion of Ethereum Holdings to Approximately 120,000 ETH, Reinforcing Treasury Strategy

      NEW YORK, July 18, 2025 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), today announced that it has purchased approximately 19,683 Ethereum ("ETH") using the net proceeds from its recently completed $67.3 million registered direct offering to institutional investors. Following the transaction, Bit Digital holds approximately 120,306 ETH.   "With approximately 120,000 ETH, Bit Digital is positioned among the largest institutional Ethereum treasuries in the public markets," said Sam Tabar, Chief Executive Officer of Bit Digital. "We view Ethereum as foundational to the next phase of digital financial infrastructure. We believe Ethereum's programmable nature, g

      7/18/25 8:00:00 AM ET
      $BTBT
      Finance: Consumer Services
      Finance

    $ARE
    $BTBT
    Leadership Updates

    Live Leadership Updates

    See more
    • WhiteFiber Inc., Bit Digital's AI Unit, acquires ~1,000,000 square foot North Carolina Industrial Property to Support up to 200 MW HPC Data Center Campus

      NEW YORK, June 2, 2025 /PRNewswire/ -- WhiteFiber Inc., the wholly-owned HPC subsidiary of Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), announced today that it has completed the acquisition of a 96-acre, ~1 million square foot industrial property in Madison, North Carolina. The Company will retrofit the facility into a flagship AI data center campus ("Facility"). The Facility has immediately available power. The Company has entered into a capacity agreement with the utility, Duke Energy, for 99 MW, of which 24 MW are expected to be delivered on or about Se

      6/2/25 8:00:00 AM ET
      $BTBT
      Finance: Consumer Services
      Finance
    • Bit Digital, Inc. Announces Key Hires for Its HPC Business; Appoints Benjamin Lamson as Head of Revenue and Tom Sanfilippo as CTO

      NEW YORK, Sept. 20, 2024 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure headquartered in New York, announced today that the Company has appointed Benjamin Lamson as Head of Revenue and Tom Sanfilippo as Chief Technology Officer ("CTO"). Both executives will report directly to CEO Sam Tabar and play critical roles in the growth and development of Bit Digital's high-performance computing ("HPC") business. The Company has also added additional headcount across sales and AI/ML engineering roles in an effort to scale its HPC business.

      9/20/24 8:00:00 AM ET
      $BTBT
      Finance: Consumer Services
      Finance
    • Fastest Smart Contracts Platform Launches $290M Incentive Program to Create Scalable Chains to Support DeFi, NFTs

      NEW YORK, March 17, 2022 /PRNewswire/ -- The fastest smart contracts platform on the blockchain, Avalanche Foundation just announced "Multiverse", an incentive program of up to $290 million (4 million AVAX tokens) to help grow "subnets" on its network. The incentive program aims to create scalable chains to support Defi, NFT, and blockchain games on Avalanche. With this launch, Avalanche competes with rivals Cosmos and Polkadot, blockchain operators that already offer similar functionality. Synergies between CeFi, DeFi, gaming, and NFTs provide a tremendous opportunity for WonderFi Technologies (NEO:WNDR) (OTCPK:WONDF), Coinbase Global (NASDAQ:COIN), Bit Digital Inc (NASDAQ:BTBT), DMG Blockc

      3/17/22 8:50:00 AM ET
      $BITF
      $BTBT
      $COIN
      Finance: Consumer Services
      Finance

    $ARE
    $BTBT
    Financials

    Live finance-specific insights

    See more
    • Alexandria Real Estate Equities, Inc. Reports: 2Q25 and 1H25 Net Loss per Share - Diluted of $(0.64) and $(0.71), respectively; and 2Q25 and 1H25 FFO per Share - Diluted, as Adjusted, of $2.33 and $4.63, respectively

      PASADENA, Calif., July 21, 2025 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE:ARE) announced financial and operating results for the second quarter ended June 30, 2025.   Key highlights Operating results 2Q25 2Q24 1H25 1H24 Total revenues: In millions $        762.0 $        766.7 $      1,520.2 $      1,535.8 Net (loss) income attributable to Alexandria's common stockholders – diluted: In millions $       (109.6) $          42.9 $       (121.2) $         209.8 Per share $        (0.64) $          0.25 $         (0.71) $           1.22 Funds from operations attributable to Alexandria's common stockholders – diluted, as adjusted: In millions $        396.4 $        405

      7/21/25 4:10:00 PM ET
      $ARE
      Real Estate Investment Trusts
      Real Estate
    • Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.32 per Common Share for 2Q25

      PASADENA, Calif., June 2, 2025 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE:ARE) today announced that its Board of Directors declared a quarterly cash dividend of $1.32 per common share for the second quarter of 2025. The dividend is payable on July 15, 2025 to stockholders of record on June 30, 2025. The dividend declared of $1.32 per common share is consistent with that of the preceding two quarters. Maintaining the dividend at its current level, in lieu of continuing with its recent historical growth rate averaging 4.5%, is expected to provide the company wit

      6/2/25 8:30:00 AM ET
      $ARE
      Real Estate Investment Trusts
      Real Estate
    • Alexandria Real Estate Equities, Inc. to Hold Its Second Quarter 2025 Operating and Financial Results Conference Call and Webcast on July 22, 2025

      PASADENA, Calif., May 29, 2025 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE:ARE) today announced that the company will conduct a conference call and audio webcast on Tuesday, July 22, 2025 at 2:00 p.m. Eastern Time (ET), in conjunction with the release of its second quarter 2025 operating and financial results. Alexandria will release its operating and financial results after the market closes on Monday, July 21, 2025. To participate in this conference call, dial (833) 366-1125 (U.S.) or (412) 902-6738 shortly before 2:00 p.m. ET and ask the operator to join the

      5/29/25 8:30:00 AM ET
      $ARE
      Real Estate Investment Trusts
      Real Estate

    $ARE
    $BTBT
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Bit Digital Inc.

      SC 13G/A - Bit Digital, Inc (0001710350) (Subject)

      11/7/24 10:18:48 AM ET
      $BTBT
      Finance: Consumer Services
      Finance
    • SEC Form SC 13G/A filed by Bit Digital Inc. (Amendment)

      SC 13G/A - Bit Digital, Inc (0001710350) (Subject)

      3/7/24 12:29:52 PM ET
      $BTBT
      Finance: Consumer Services
      Finance
    • SEC Form SC 13G/A filed by Alexandria Real Estate Equities Inc. (Amendment)

      SC 13G/A - ALEXANDRIA REAL ESTATE EQUITIES, INC. (0001035443) (Subject)

      2/13/24 4:59:02 PM ET
      $ARE
      Real Estate Investment Trusts
      Real Estate