Bitcoin miner Bit Digital acquires $53M facility as AI, HPC push continues

As Bitcoin Mining Companies Slump, Tether Loads Up on Bitdeer

Stablecoin giant Tether has aggressively bought shares in Bitcoin miner Bitdeer, snapping up another $32 million worth as the market slumps.

Bit Digital's Bitcoin Mining Expansion: Acquires $53M Facility to Drive AI and HPC Growth

Bit Digital, a leading cryptocurrency mining company, has recently completed the acquisition of a new mining facility located in North Carolina. This strategic move is part of Bit Digital’s ongoing efforts to expand its mining operations and strengthen its position in the industry. The newly acquired facility is equipped with state-of-the-art mining hardware and infrastructure, allowing Bit Digital to increase its mining capacity and efficiency.…

Bitcoin miner Bit Digital acquires $53M facility as AI, HPC push continues – MAXBIT

Since at least 2023, Bit Digital has been expanding into artificial intelligence and high-performance computing to diversify its revenue beyond crypto mining. Bitcoin mining company Bit Digital has acquired an industrial building in Madison, North Carolina, upping the ante in a business diversification strategy that includes strategic pivots into AI and high-performance computing.  Bit Digital...

Bit Digital Expands Beyond Bitcoin Mining with AI and High-Performance Computing Investments

Bit Digital is strategically diversifying its business model by investing in artificial intelligence and high-performance computing, a significant shift from its core crypto mining activities. The recent acquisition of an

Bitcoin miner Bit Digital acquires $53M facility as AI, HPC push continues

Bitcoin mining company Bit Digital has acquired an industrial building in Madison, North Carolina, upping the ante in a business diversification strategy that includes strategic pivots into AI and high-performance computing. Bit Digital agreed to buy the property for $53.2 million through Enovum Data Centers Corp., the company’s wholly owned Canadian subsidiary, regulatory filings show. The investment includes a $2.25 million initial deposit, wi…

Soluna to expand renewable-powered AI and Bitcoin computing with new Texas site

Soluna announced that it has signed a term sheet for power for Project Ellen, a new 100MW data center co-located with a 145MW wind farm in South Texas.