Summary
- The American Bit Digital has reportedly acquired an industrial building in North Carolina for approximately $53.2 million.
- This acquisition is said to be part of a business diversification strategy for a strategic shift towards artificial intelligence and high-performance computing.
- The transaction is expected to be completed on May 15th.
The American Bitcoin (BTC) mining company Bit Digital (Nasdaq ticker: BTBT) has acquired an industrial building located in Madison, North Carolina.
According to the cryptocurrency-focused media outlet Cointelegraph on the 17th (local time), the transaction is valued at approximately $53.2 million and is part of a business diversification strategy that includes a strategic shift towards artificial intelligence (AI) and high-performance computing. The transaction is expected to be completed on May 15th (local time).
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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