CurrencyNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Announces Monthly Production Update for January 2024
Bit Digital Inc. (NASDAQ: BTBT) has announced its unaudited digital asset production and corporate updates for January 2024. The company produced 145.7 BTC, a 14% decrease compared to the previous month, with an active hash rate of approximately 2.50 EH/s as of January 31, 2024. Treasury holdings of BTC and ETH were 739.2 and 18,072.2 with a fair market value of approximately $31.4 million and $41.3 million, respectively. Bit Digital earned a blended APY of approximately 3.69% on its staked ETH position, with aggregate staking rewards of approximately 38.7 ETH during the month. The company also reported that as of…