Digihost Announces Strategic Collaboration With Bit Digital to Increase Combined Hashrates by 400 PH
Bit Digital, Inc. - Ordinary Share (BTBT)
Company Research
Source: GlobeNewswire
TORONTO, June 10, 2021 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (“Digihost” or the “Company”) (TSXV: DGHI; OTCQB: HSSHF) is pleased to announce that the Company has entered into a strategic co-mining agreement (the “Agreement”) with Bit Digital USA, Inc. (“BTBT”) (Nasdaq: BTBT). Pursuant to the terms of the Agreement, the Company will provide certain premises (the “Premises”) to BTBT for the purpose of the operation and storage of a 20 MW Bitcoin mining system (the “Miners”) to be delivered by BTBT, and the Company will also provide services to maintain the Premises for a term of two years. The collaboration between Digihost and BTBT is expected to generate an increase in hashrate of approximately 400 PH between the companies. Under the terms of the Agreement, Digihost will provide power for the operation of the Miners and will also provide management services necessary to maintain 95% uptime on the Miners. In consideration for these services, after paying Digihost a very compe
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News
- Bit Digital, Inc. (BTBT) Stock Moves -0.55%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Bitcoin Miners Are Set for a Coiled Spring Rally [Yahoo! Finance]Yahoo! Finance
- Bitcoin briefly slides to below $60K level for first time since early March [Seeking Alpha]Seeking Alpha
- Wall Street Analysts See Bit Digital (BTBT) as a Buy: Should You Invest? [Yahoo! Finance]Yahoo! Finance
- Where Bitcoin and Artificial Intelligence Meet [BNN Bloomberg (Canada)]BNN Bloomberg
BTBT
Sec Filings
- 4/5/24 - Form EFFECT
- 3/25/24 - Form POS
- 3/21/24 - Form RW
- BTBT's page on the SEC website