Why Bit Digital soars 10% in morning trading

Bit Digital soars 10% in morning trading on Bit Digital reporting new 40mw agreement with Compute North.

Bit Digital, Inc. and Compute North announced an additional 40MW hosting agreement for the expansion of Bit Digital's bitcoin mining operations inNorth America, with an important sustainability feature. As part of the agreement, Bit Digital, one of the largest US-listed bitcoin miners by operating hash rate, will deploy an additional 13,000 ASIC miners at Compute North facilities inthe United States. The move accelerates Bit Digital's expansion strategy inNorth America, and highlights its focus on sustainability.