Bit Digital CEO Sam Tabar joins us to discuss their strategic shift from Bitcoin mining to High-Performance Computing and Ethereum investments, showcasing impressive Q1 results with $25 million in revenue and zero debt on their balance sheet.• Total revenue of over $25 million with HPC revenue at $16.4 million and Bitcoin mining revenue at $7.8 million• Strong financial position with $141.4 million in liquidity and zero debt• ETH holdings now more valuable than Bitcoin holdings, positioning as "the MicroStrategy of Ethereum"• Acquisition of 1 million square foot data center in North Carolina's Piedmont Triad with 99MW power agreement• Facility has potential to scale to 200MW and is already attracting Fortune 500 enterprise clients• Montreal data centers progressing with Tier 3 standards and direct-to-chip liquid cooling for Nvidia Blackwell chips• Partnership with Cerebrus Systems on track with 5MW co-location agreement• Company believes substantial corporate restructuring may be needed for true market revaluation of miners entering HPC spaceLike the video, subscribe to McNally Money, and leave your thoughts in the comments section below.Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter
