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'

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

NEW YORK, July 16, 2025 /PRNewswire/ -- WhiteFiber Inc. ("WhiteFiber" or the "Company"), today announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to the proposed initial public offering of its ordinary shares. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is subject to market and other conditions and the completion of the SEC's review process. WhiteFiber intends to list its ordinary shares on The Nasdaq Capital Market under the symbol "WYFI." B. Riley Securities and Needham & Company are acting as the joint-

NEW YORK, July 16, 2025 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), today announced that its wholly-owned HPC subsidiary, WhiteFiber Inc. ("WhiteFiber"), has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to the proposed initial public offering of WhiteFiber's ordinary shares. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is subject to market and other conditions and the com

NEW YORK, July 14, 2025 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company") today announced that it has entered into a placement agency agreement with B. Riley Securities, Inc. (the "Placement Agent") for the purchase and sale of 22 million ordinary shares at an offering price of $3.06 per share, pursuant to a registered direct offering to certain institutional investors, expected to result in gross proceeds to the Company of approximately $67.3 million, before deducting placement agent fees and offering expenses. The offering is expected to close on or about July 15, 2025, subject to the satisfaction of customary closing conditions.

Following a $172 million public equity raise and conversion of its balance sheet from Bitcoin to Ethereum, Bit Digital has accumulated over 100K ETH to become one of the largest corporate treasury companies in the world led under Ethereum veteran Sam Tabar NEW YORK, July 7, 2025 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), today announced the completion of its transition to an Ethereum treasury strategy. Following the close of its recent underwritten public offering, the Company raised approximately $172 million in gross proceeds and has deployed the net capital to purchase Ethereum ("ETH"). Additionally, Bit Digital sold approximately 280 BTC and used th

NEW YORK, July 1, 2025 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), today announced that the underwriters of its recent underwritten public offering have fully exercised their option to purchase an additional 11,250,000 ordinary shares, resulting in additional net proceeds to the Company of approximately $21.4 million, before estimated offering expenses. The exercise of the option closed on July 1, 2025. After giving effect to the full exercise of the underwriters' option to purchase additional ordinary shares, a total of 86,250,000 ordinar

NEW YORK, June 26, 2025 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), today announced the pricing of an underwritten public offering of 75,000,000 ordinary shares at a public offering price of $2.00 per share. The aggregate gross proceeds to the Company from the offering, before deducting the underwriting discount and other offering expenses payable by the Company, will be $150.0 million. The Company intends to use the net proceeds from this offering to purchase Ethereum. In addition, the Company has granted the underwriters a 30-day option to purchase an additional 11,250,000 ordinary shares. The offering is expected to close on or about June 27, 2025, su

NEW YORK, June 25, 2025 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), today announced that it has initiated a strategic transition to become a pure play Ethereum ("ETH") staking and treasury company. The Company began accumulating ETH and operating staking infrastructure in 2022 and has steadily increased its holdings since that time. As of March 31, 2025, the Company held 24,434.2 ETH and 417.6 BTC, valued at approximately $44.6 million and $34.5 million, respectively, as of that date. Bit Digital intends to convert its BTC holdings into ET

NEW YORK, June 25, 2025 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), today announced that its wholly-owned HPC subsidiary, WhiteFiber Inc. ("WhiteFiber"), has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to the proposed initial public offering of WhiteFiber's ordinary shares. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is subject to market and other conditions and the completion of the SEC's review process.

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

B. Riley Securities initiated coverage of Bit Digital with a rating of Buy and set a new price target of $6.00

Northland Capital initiated coverage of Bit Digital with a rating of Outperform and set a new price target of $6.00

HC Wainwright & Co. initiated coverage of Bit Digital with a rating of Buy and set a new price target of $14.00

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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

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.

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

NEW YORK, Feb. 24, 2022 /PRNewswire/ -- Bit Digital (NASDAQ: BTBT), a leading digital mining company headquartered in New York City with facilities across North America, today announced that the Company has appointed Cameron Schnier as Head of Investor Relations. He will report to Chief Strategy Officer Sam Tabar while overseeing investor relations activities, corporate marketing events, and liaising with equity research coverage. Cameron Schnier joined Bit Digital in February 2022 with over a decade of experience in the financial sector. Prior to joining Bit Digital, Mr. Sch

NEW YORK, Nov. 17, 2021 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), a bitcoin mining company headquartered in New York, announced its unaudited bitcoin production and mining operations update for the third quarter ended September 30, 2021. Preliminary Third Quarter 2021 Highlights We completed our fleet's exit from China. As of the date of this press release, 100% of our fleet had arrived in North America. As of September 30, 2021, we had no miners remaining in China: 79.1% of our miner fleet was already deployed or awaiting installation in North America, and 20.9% was in transit. The Company owned 27,744 miners as of September 30, 2021, with an estimat

NEW YORK, Sept. 28, 2021 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), a bitcoin mining company with one of the largest currently owned fleets among US-listed miners, today announced the appointment of Brock Pierce, Chairman of the Bitcoin Foundation, to its board of directors, effective October 31, 2021. "Brock joining our board is a major step in completing our transition to North America. Consistent with migrating our mining operations and management team, we now welcome our first US-based director. Brock is a proven leader and innovator, with a well-known track record in the Bitcoin ecosystem. We are confident his strategic vision and relationships w

NEW YORK, July 20, 2021 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), a bitcoin mining company headquartered in New York with one of the largest currently-owned fleets among US listed bitcoin miners, today announced that the Company had appointed Justin Zhu as Vice President of Finance. He will report to CEO Bryan Bullett and CFO Erke Huang. Mr. Zhu joined Bit Digital in July 2021 with 9 years of experience in financial services. He spent the past 6 years as a Senior Manager in Ernst & Young's Financial Accounting Advisory Services practice

NEW YORK, May 26, 2021 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), one of the largest publicly-listed Bitcoin miners globally, today announced the appointment of Brock Pierce, Chairman of the Bitcoin Foundation, to its advisory board and leadership team. "As we continue to build our management and operational center of gravity here in the United States, we are adding exceptional talent to our leadership team," said Bryan Bullett, Bit Digital's CEO. "Brock's stature is unparalleled in our industry, and we enthusiastically welcome him as an Advisor." "Brock is a lighthouse in the Bitcoin community, and provides us access to a vast portfolio of relationship

NEW YORK, April 12, 2021 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), a bitcoin mining company headquartered in New York with one of the highest operating hash rates (or computing power) among all US listed bitcoin miners, announced the appointment of Bryan Bullett as Chief Executive Officer and Sam Tabar as Chief Strategy Officer. Erke Huang will continue his role as Chief Financial Officer. The new appointments are expected to position the Company for continued rapid growth and access to new strategic opportunities. Bryan Bullett, Chief Executive Officer Mr. Bullett brings over 20 years of experience in investment banking, capital markets, financial ser

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NEW YORK, May 15, 2025 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) (the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York City, today announced its financial results for the First Quarter of 2025. The Company will host a conference call on May 16, 2025, at 10:00 AM ET to discuss results (click here for registration information). Financial Highlights for First Quarter of 2025 Total revenue for the First Quarter of 2025 was $25.1 million, a 17% decrease compared to the prior year's resul

NEW YORK, May 8, 2025 /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 it will release its First Quarter 2025 results on Thursday, May 15, 2025, after the stock market closes. Senior management will host a live webcast and conference call to review results on Friday, May 16, 2025, at 10:00 a.m. ET.To register for the earnings call, please click here. Additionally, participants can join the conference call by dialing 1-877-612-6725 (passcode: 151360).The Company will issue a press release regarding First Quarter 2

NEW YORK, March 14, 2025 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) (the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York City, today announced its financial results for Fiscal Year 2024. In conjunction with the Company's transition to domestic filer status, Bit Digital filed its Form 10K report with the U.S. Securities and Exchange Commission ("SEC") on March 14, 2025. The Company will host a conference call on March 14, 2025, at 10:00 AM ET to discuss results (click here for registration information).

NEW YORK, March 7, 2025 /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 it will release its Fiscal Year 2024 results on Friday, March 14, 2025, before the stock market opens. Senior management will host a live webcast and conference call to review that day at 10:00 a.m. ET. To register for the earnings call, please click here. Additionally, participants can join the conference call by dialing 1-80

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. 

NEW YORK, Nov. 18, 2024 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) (the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York City, today announced its unaudited financial results for the Third Quarter ended September 30, 2024. Financial Highlights for the Third Quarter of 2024                Total revenue was $22.7 million for the Third Quarter of 2024, a 96% increase compared to the Third Quarter of 2023. The increase was primarily driven by the commencement of our high performance comp

NEW YORK, Nov. 11, 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 it will release its Third Quarter 2024 results on Monday, November 18, 2024, before the stock market opens. Senior management will host a live webcast and conference call to review the results on Monday, November 18, 2024, at 10:00 a.m. ET.To register for the earnings call, please click here. Additionally, participants can join the conference call by dialing 1-800-289-0462 (passcode: 781205).The Company will issue a press release regarding T

NEW YORK, Oct. 14, 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 it has acquired Enovum Data Centers ("Enovum"), an owner, operator, and developer of high-performance computing ("HPC") datacenters, for a total consideration of approximately CAD $62.8 million (approximately USD $46MM). This transaction vertically integrates Bit Digital's HPC operations with an existing, fully operational and fully leased Tier 3 datacenter in a major city; provides a strong diversity of existing and prospective colocation customers;

NEW YORK, Aug. 12, 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 it will release its Second Quarter 2024 results on Monday, August 19, 2024, after the stock market closes. Senior management will host a live webcast and conference call to review the results on Tuesday, August 20, 2024, at 10 a.m. ET. To register for the earnings call, please click here. Additionally, participants can join the confere

NEW YORK, May 15, 2024 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) (the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure headquartered in New York City, today announced its unaudited financial results for the First Quarter ended March 31, 2024. Financial Highlights for the First Quarter of 2024                Total revenue was $30.3 million for the First Quarter of 2024, a 266% increase compared to the First Quarter of 2023. The increase was primarily driven by the commencement of our Bit Digital AI business and by a h