Bit Digital(US:BTBT) Prnewswireยท2025-01-08 13:00Corporate Highlights - Bit Digital, Inc. reported its unaudited digital asset production and HPC services revenue for December 2024 [1] - The company had 266 servers (2,128 GPUs) generating revenue from Bit Digital AI contracts as of December 31, 2024 [6] - Total liquidity was approximately $260.4 million, including cash and cash equivalents of $98.6 million [6] GPU Cloud Highlights - A Master Service Agreement was signed with an AI Compute Fund for services utilizing 576 H200 GPUs over 25 months, representing a revenue opportunity of approximately $20.2 million [4] - The company earned approximately $4.5 million in GPU Cloud revenue during December 2024 [6] Digital Assets Highlights - The company produced 32.4 BTC in December 2024, a 27.8% decrease from the previous month [7] - Active hash rate was approximately 1.8 EH/s, a 28% decrease compared to the prior month [7] - Treasury holdings included 742.1 BTC and 27,623.9 ETH, with fair market values of approximately $69.3 million and $92.1 million, respectively [6] Mining Operations - The company purchased 941 S21 mining units for approximately $3.2 million and sold 4,506 S19 mining units for approximately $836.6k in December 2024 [11] - Approximately 21,568 ETH were actively staked, earning a blended APY of approximately 3.3% [11]