Summary by Moomoo AI
Bit Digital, Inc., a sustainable platform for digital assets and artificial intelligence (AI) infrastructure, has reported its financial performance and business developments for the year ending December 31, 2023. The company engages in digital asset mining, Ethereum staking, and specialized cloud-infrastructure services for AI applications. Bit Digital's mining operations span the United States, Canada, and Iceland, focusing on accumulating digital assets like Bitcoin and Ethereum, which may be sold or exchanged depending on market conditions and cash flow needs. The company's mining strategy aims to mine as many bitcoins as possible before the fixed supply runs out. Bit Digital has signed service agreements with third-party hosting partners in North America and Iceland to operate specialized mining data centers...Show More