Bit Digital announces November production update

Corporate Highlights for November: In November, the company earned 144.1 bitcoins, a 5% decrease compared to the prior month. The decline in production was driven by an increase in network difficulty. Treasury holdings of BTC and ETH were 950.3 and 7,064.7 with a fair market value of approximately $16.3M and $9.2M, respectively, on November 30. The BTC equivalent of digital asset holdings as of November 30 was approximately 1,679.9. The company owned 38,593 bitcoin miners and 730 Ethereum miners as of November 30, with an estimated maximum total hash rate of 2.7 Exahash and 0.3 Terahash, respectively. 39% of the company’s bitcoin mining fleet, or 14,978 bitcoin miners representing 1.40 EH/s, was actively hashing in North America as of November 30.