Bit Digital shares are trading higher after the company announced it finalized an agreement to supply an existing customer with an additional 2,048 GPUs over a three-year term commencing upon deployment. Also, the stock may be up as crypto stocks rebound.
Portfolio Pulse from Benzinga Newsdesk
Bit Digital shares are trading higher after finalizing an agreement to supply an existing customer with an additional 2,048 GPUs over a three-year term. The stock is also benefiting from a rebound in crypto stocks.
June 25, 2024 | 3:55 pm
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Bit Digital shares are trading higher due to a new agreement to supply 2,048 GPUs over three years and a general rebound in crypto stocks.
The finalized agreement to supply 2,048 GPUs over three years is a positive development for Bit Digital, indicating potential revenue growth. Additionally, the general rebound in crypto stocks is contributing to the upward movement in BTBT's stock price.
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