Bit Digital reports October production 52.2 BTC, up 1.4% from the previous month

Bit Digital (BTBT) announced its unaudited digital asset production, HPC services revenue, and corporate updates for the month of October. Corporate Highlights for October include: the Company had 256 servers actively generating revenue from its initial Bit Digital AI contract, as of October 31. The Company earned approximately $4.3M of unaudited revenue from this contract during the month of October; produced 52.2 BTC, a 1.4% increase compared to the prior month; active hash rate was approximately 2.43 EH/s as of October 31; treasury holdings of BTC and ETH were 781.2 and 27,503.4 with a fair market value of approximately $54.8M and $69.2M, respectively, on October 31; The BTC equivalent of our digital asset holdings as of October 31, was approximately 1,768.6 or approximately $124.2M. The Company had cash and cash equivalents of $79.8 million and total liquidity of approximately $203.9M, as of October 31. The Company had approximately 21,568 ETH actively staked in native staking protocols as of October 31.