Bit Digital Powers the Future: $150M Funding Fuels the Carbon-Free AI & HPC Revolution

Bit Digital is proud to announce a significant milestone in our growth journey as we secure $150,000,000 in new funding—a testament to our commitment and innovation at the intersection of High-Performance Computing (HPC), Bitcoin mining, and Ethereum staking. With a presence spanning the United States, Canada, and Iceland, our company is dedicated to providing carbon-free, future-ready compute power that not only meets today’s computational demands but also pioneers the evolution of clean energy usage in the digital era. The funds raised will fuel our strategic initiatives as we continue to push the boundaries of compute power while upholding our responsibility to the environment. This investment empowers us to enhance our current operations and accelerate the development of WhiteFiber, our next-generation GPU cloud computing business crafted to redefine the landscape of high-performance AI infrastructure. WhiteFiber will seamlessly integrate advanced computing capabilities into critical applications, enabling businesses to leverage robust, energy-efficient technology that meets the evolving demands of artificial intelligence and high-performance cloud services. By fostering innovation and driving sustainable solutions, our new funding round sets the stage for the expansion of our market reach, the optimization of operational efficiencies, and the introduction of new technologies that further our commitment to a greener future. As we chart our course forward, Bit Digital remains dedicated to being at the forefront of technological advancement and sustainability, paving the way for a transformative era in cloud computing and digital resource management. To learn more about our journey and the initiatives driving our success, please visit our websites at www.bit-digital.com and www.whitefiber.com.