Bit Digital (BTBT) has released an update.
Bit Digital has made a strategic move by acquiring Enovum Data Centers for $46 million, boosting its AI and high-performance computing infrastructure with an additional 4 MW of capacity and plans for significant expansion. This acquisition is expected to enhance Bit Digital’s service offerings and financial stability by providing high-margin colocation and on-demand computing services. With plans to expand to 288 MW, the acquisition underscores Bit Digital’s commitment to strengthening its market position in digital infrastructure and assets.
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