By Chris WackBit Digital shares had been up 7% to $4.41 on Friday after the bitcoin mining firm revised an present settlement to develop its mining capability in Iceland. The inventory hit its 52-week excessive of $4.60 earlier within the session, and is up 179% up to now 12 months. The amended settlement introduced Thursday offers Bit Digital with 10.7 MW of internet hosting capability with GreenBlocks at a facility in Reykjanesbaer, Iceland. This represents 2.5 MW of incremental internet hosting capability relative to the unique settlement which will likely be full of 800 S19j Professional+ mining items. There will likely be 2,800 S19j Professional+ items and 500 S19j items deployed on the facility below the amended contract.

Source: Wall Street Journal June 24, 2023 00:54 UTC