Bit Digital, Inc. Announces Third Quarter of Fiscal Year 2024 Financial Results
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Bit Digital, Inc. reported a significant 96% increase in revenue for the third quarter of fiscal year 2024, reaching $22.7 million compared to the same period in 2023.
November 18, 2024 | 1:15 pm
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Bit Digital, Inc. announced a 96% increase in revenue for Q3 FY2024, reaching $22.7 million, indicating strong growth in its high-performance computing and digital asset production operations.
The significant increase in revenue suggests strong operational performance and growth potential, likely leading to positive investor sentiment and a potential short-term increase in stock price.
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