Seeking Alpha
2023-07-06 15:40:57

Bit Digital produces 119.1 bitcoins in June

Bit Digital ( NASDAQ: BTBT ) said Thursday the company produced 119.1 bitcoins in June, up 5% from the prior month. Treasury holdings of BTC and ETH were 485 and 11,738.9 with a fair market value of about $14.8 million and $22.7 million, respectively, on June 30, 2023. The BTC equivalent of digital asset holdings as of June 30, 2023, was about 1,445.2, or $44 million. The company's active hash rate was about 1.78 EH/s as of June 30, 2023. The company had cash and cash equivalents of $18.5 million as of June 30, 2023. The company had about 11,716 ETH actively staked in native and liquid staking protocols as of June 30, 2023. About 9,312 ETH were natively staked, and 2,404 ETH were deployed in liquid staking protocols as of June 30, 2023. Press Release .

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