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Bit Digital reports September production

luza studios/E+ via Getty Images Bit Digital (NASDAQ:BTBT) said on Friday that it had 256 servers actively generating revenue from its initial Bit Digital AI contract, as of September 30, 2024. The company said it earned approximately $4.2M of unaudited revenue from this contract during the month of September. In September 2024, the company produced 51.5 BTC, a 3.6% decrease compared to the prior month. Bit Digital (BTBT)’s active hash rate was approximately 2.43 EH/s as of September 30, 2024. Treasury holdings of BTC and ETH were 731.3 and 27,388.9 with a fair market value of approximately $46.3 million and $71.3 million, respectively, on September 30, 2024. The company had cash and cash equivalents of $104M and total liquidity of approximately $222M.

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