BTBT · Categories · M&A
BTBT - Mergers and acquisitions
Bit Digital Inc. (BTBT) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for BTBT
- Bit Digital, Inc. Acquires Another Metropolitan Site for Tier-3 Data Center ExpansionNEW 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.
- Bit Digital, Inc. Announces Third Quarter of Fiscal Year 2024 Financial ResultsNEW 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
- The World's Largest Asset Manager Is About to Enter Crypto SpaceNEW YORK, Feb. 24, 2022 /PRNewswire/ -- BlackRock, the world's largest asset manager with $10 trillion in assets under management for institutions, is about to enter the crypto space. The New York-based company will soon allow its customers to trade crypto through its sophisticated Aladdin investment management platform. Of course, this isn't the first time BlackRock has expressed interest in crypto. In December 2020, CEO Laurence Fink said that increasing search volume for "bitcoin" on the company's website indicated growing legitimacy. In March 2021, one of BlackRock's funds bought bitcoin futures. Then in January 2022, the company filed for a Blockchain and Tech exchange-traded fund that
- Bit Digital, Inc. completed the acquisition of $13,902,742 worth of bitcoin miners with total hash rate of 1,003.5 Ph/sNEW YORK, Dec. 4, 2020 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT), a Nasdaq listed Bitcoin mining company headquartered in New York announced that on December 3, 2020, it had completed the acquisition of $13,902,742 worth of bitcoin miners with total hash rate of 1,003.5 Ph/s with certain non-U.S. investors in exchange for an aggregate of 4,344,603 ordinary shares at the price of $3.20 per share, when the purchases were negotiated. The closing of the acquisition represents the total hash rate of the Company increase by approximately 1,003.5 Ph/s from 1,250 Ph/s to 2,253.5 Ph/s. The total 17,996 miners acquired include 7,025 Antminer S17+, 9,110 Antminer T17, 195 Antminer S17E, 32 An