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Bit Digital shifts business from Bitcoin mining to AI infrastructure and staking

The Motley Fool +1 · ·by G4L

BTBT
BTBT Bit Digital Inc
$0.66 -13.64%
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  1. 1Bit Digital recorded approximately 91% of its consolidated revenue this quarter from cloud, colocation, and staking.
  2. 2Whitefiber secured $865 million in contract revenue value for Whitefiber over 10 years.
  3. 3Bit Digital achieved $87.1 million in revenue during the first 9 months of 2026.

So what's the key point?

Bit Digital is shifting its focus from Bitcoin mining to AI-based infrastructure and staking businesses. The company is transitioning its business by signing an $865 million contract with Whitefiber.

Source The Motley Fool +1 · View original ↗

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