Bit Digital
Bit Digital Shares Slide 8% on $135M Upsized Convertible Note
The crypto miner increased the offering from $100 million and plans to use proceeds to buy ether.
Bit Digital Adds Nearly 20K ETH, Boosting Ether Treasury to Over $430M
The company recently exited its bitcoin mining business to focus on ether treasury operations.
Crypto Miner Bit Digital Up 26% After Swapping Bitcoin for Ether
The company in late June announced a shift to focus on ether holding and staking.
Bit Digital Exits BTC Mining to Focus Solely on ETH Staking Strategy
Crypto miner Bit Digital will sell off its bitcoin operations to deepen its ETH staking and treasury shift.
AI Is Here, but That Doesn’t Mean Bitcoin Miners Are Finished: Blockspace
Public bitcoin miners are rushing to build AI business lines, but there’s still room for their original mandate, says this investment bank analyst.
BitDigital’s AI Play With Sam Tabar
Will is joined by Sam Tabar, CEO of BitDigital, to discuss the Bitcoin miner’s focus on AI, its asset-light mining strategy and how Sam is thinking about mining post-halving.
Bitcoin Miner Bit Digital Diversifies Into AI for 'Substantially Higher Margin' Than Mining
The firm is looking for a "reliable income stream ... that is uncorrelated to bitcoin prices."
Bit Digital CEO on Q2 Earnings, Headwinds in the Mining Industry
Mining company Bit Digital reported its latest quarterly earnings results this week. The company earned 318.4 bitcoins during the second quarter of 2023. Bit Digital CEO Sam Tabar joins "First Mover" to discuss why bitcoin's (BTC) price is a major headwind for the mining industry. Plus, insights on their nearly carbon-free operations and the miner's fairly recent expansion into Iceland.
Bit Digital CEO: 'Biggest Headwind' Is the Price of Bitcoin
Following the release of Bit Digital's second quarter earnings, CEO Sam Tabar provides insights into expectations for the third quarter. While highlighting the bitcoin mining company's strides in diversification and environmental initiatives, Tabar points out potential market uncertainties, saying "The biggest headwind would obviously be the price of bitcoin. That's a macro factor that we can't control."
Bit Digital CEO: 'Infighting Doesn't Do Us Any Favors'
Bit Digital CEO Sam Tabar, explains at Consensus 2023, the five mounting challenges of bitcoin mining. Plus, his outlook on why "infighting" among cryptocurrencies is not doing the industry any favors.
