$BTBT Second Quarter 2024 Financial Highlights
🟢 Total Revenue: $29.0 million (+220%)
🟢 Total BTC Earned: 244.2 (-23%)
🟢 HPC/AI Revenue: $12.5 million
🟢 Total Liquidity: $191.9 million (+196%)
🟢 Balance Sheet: 0 debt
🟢 Gross Profit: $13.8 million (+309%)
🔗 Read the full
Thank you to everyone who joined our 2Q24 earnings call today!
We covered key updates on our HPC services, bitcoin mining operations, ETH staking, and strategic growth initiatives.
If you couldn't join live, you can catch the full call here:
$BTBT execs will be hosting a live earnings call to review its Second Quarter 2024 financial results on Tuesday, August 20th at 10:00am EST.
Results will be published on our website after the market closes on Monday, August 19th prior to the earnings call.
🔗 Register here:
BREAKING: $BTBT has finalized a binding term sheet with its second HPC customer
@Boosteroid_main
.
KEY HIGHLIGHTS
🟢 Initial Agreement: Upon signing a master service agreement (“MSA”), Boosteroid will place an initial purchase for a starting quantity of GPU servers with a
$BTBT execs will be hosting a live earnings call to review its Second Quarter 2024 financial results on Tuesday, August 20th at 10:00am EST.
Results will be published on our website after the market closes on Monday, August 19th prior to the earnings call.
🔗 Register here:
$BTBT July 2024 Production Update
🟢 60.5
#Bitcoin
mined
🟢 Active hash rate of 2.46 EH/s
🟢 BTC treasury holdings: 641.8 ($41.5m)
🟢 ETH treasury holdings: 27,274.4 ($88.1m)
🟢 AI revenue earned: $4.3 million
🟢 Total liquidity: $211.9 million
🔗 Read the full report:
Bit Digital's
@SamirTabar
sat down with
@scottmelker
, Host of The Wolf of All Streets Podcast to discuss the
#Bitcoin
mining sector's changes, revealing the evolving dynamics and burgeoning influence of AI.
Several miners have announced HPC businesses but in order to have an
We are delighted to announce that
@SamirTabar
, CEO of
@BitDigital_BTBT
will be joining us as a speaker at the AIM Summit Dubai conference on October 21 and 22, 2024!
Apply to attend for the conference here:
For more info, contact info
@aimsummit
.com
A Bitcoin reserve functions similarly to holding foreign currencies or gold, and adopting it could be a major catalyst for a nation's financial and technological growth.
The US is considering Bitcoin as a strategic reserve asset.
#Bitcoin
is winning. ⚡
Thanks for coming to the
@BitDigital_BTBT
mixer, wow what a turn out!
I was excited to meet many of you in person, I consider people in this community as my friends
For those who couldn’t come, I hope to meet you some day
Thank you for your trust + support
#BTCNashville
Another amazing $BTBT event in the books at
@TheBitcoinConf
. Thank you all for joining us! 🥳🎉
Set your alarms, we have a panel session on the Mining Stage at 11:00am tomorrow morning. See you there!
#Bitcoin2024
#Bitcoin
Dope seeing the CEO of a top miner interacting with his stakeholders
Opening up a position immediately tomorrow regardless of price action
@SamirTabar
One of the most down earth people I’ve met!
Today marks a historic milestone for the $ETH community and we are proud to play a key role in the
#Ethereum
ecosystem. 💎
As momentum continues to build with the official launch of spot $ETH ETFs, consider some key distinctions between $BTBT and an Ethereum ETF. 👇
1. $BTBT is