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NEW YORK, April 29, 2021 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a bitcoin mining company headquartered in New York, announced its unaudited bitcoin production and mining asset updates for the first quarter ended March 31, 2021.
Preliminary First Quarter 2021 Highlights
(PRNewsfoto/Bit Digital, Inc.)
The Company earned 1,013.40 bitcoins in the first quarter of 2021.
Treasury holdings of bitcoin increased to 581.23, with a fair market value of approximately $29.92 million as of March 31, 2021.
The Company owned 40,965 miners as of March 31, 2021, with a maximum total hash rate[1] of 2,264.5 PH/s, and made additional miner purchases subsequent to quarter end.