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Bit Digital reports July production up 12% to 133.0 BTC
The Fly

Bit Digital reports July production up 12% to 133.0 BTC

Bit Digital announced its unaudited digital asset production and corporate updates for the month of July. In July the Company produced 133.0 BTC, a 12% increase compared to the prior month. The increase was primarily driven by a higher average active hash rate, partially offset by an increase in network difficulty. The Company’s active hash rate was approximately 1.78 EH/s as of July 31. Treasury holdings of BTC and ETH were 677.0 and 12,167.2 with a fair market value of approximately $19.8M and $22.6M, respectively, on July 31.

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