Bitcoin, Ethereum-Related Stock Bit Digital (BTBT) Announces September 2022 Production
Bit Digital IncBTBT shares are trading marginally higher by 2.77% to $1.10 during Thursday's after-hours session. The companyannouncedits unauditedBitcoinBTC/USD andEthereumETH/USD production and corporate updates for the month of September 2022.
What Happened?
Bit Digital provided the following highlights for September production via press release: In September 2022, Bit Digital says the company earned 141.3 Bitcoins, a 3% decrease compared to the prior month. The decline was driven by an increase in the network hash rate. The company earned 0 ETH in September 2022 Treasury holdings of BTC and ETH were 943.3 and 5,261.7 with a fair market value of approximately $18.3 million and $7.0 million, respectively, on September 30 The company owned 38,594 Bitcoin miners and 730 Ethereum miners as of September 31, with an estimated maximum total hash rate of 2.7 Exahash ("EH/s") and 0.3 Terahash ("TH/s), respectively.
See Also:September Inflation Runs Hot At 8.2%, Sending Stocks Spiraling Lower: What You Need To Know
According to data fromBenzinga Pro, Bit Digital has a 52-week high of $14.25 and a 52-week low of $1.00.
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