Bit Digital Posts $146M Q1 Loss as Ethereum Treasury Tops 155,000 ETH

Bit Digital reported a $146.7 million quarterly loss as lower ether prices weighed on its balance sheet, while the company continued expanding its ethereum treasury and AI infrastructure strategy. The…

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Bit Digital Aims for $500M Raise to Fuel HPC, Cloud Expansion

Bit Digital plans to raise up to $500 million through an at-the-market (ATM) equity offering. The offering will be facilitated by investment bank H.C. Wainwright & Co., which will earn…

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