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Posted by
Two Blokes Apr 15 -
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Stock
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Bit Digital Inc (NASDAQ:BTBT)'s announcement that it has secured the rights to a new data center site in Saint-Jérôme, Québec, in support of its previously disclosed 5MW colocation agreement with generative AI infrastructure provider Cerebras Systems has been welcomed as a positive development by analysts at Noble Capital Markets. Bit Digital has secured a 202,000-square-foot facility on 7.7 acres under a 20-year lease-to-own deal with a fixed-price purchase option available within 12 months.
