Bit Digital Inc (BTBT) Financial

Bit Digital, Inc. provides cloud services for customers such as artificial intelligence (“AI”) and machine learning (“ML”) developers. The company is headquartered in New York City, New York and currently employs 54 full-time employees. The company went IPO on 2018-03-20. The firm is a provider of HPC data centers and cloud-based HPC graphics processing units (GPU) services, which term cloud services, for customers such as artificial intelligence (AI) and machine learning (ML) developers. The firm designs, develops, and operates HPC data centers, through which it offers hosting and colocation services. The firm has four reportable segments: Digital asset mining, Cloud services, Colocation services, and ETH Staking. The Digital asset mining segment is engaged in bitcoin and mining activities. The Cloud services segment provides HPC services to support generative AI workstreams. The Colocation services segment provide customers with physical space, power and cooling within the data center facility. The ETH staking segment is engaged in both native staking and liquid staking.