# Bit Digital

**Source:** https://www.startuphub.ai/startups/bit-digital
**Profile type:** Startup

> A digital asset mining company focused on Bitcoin and Ethereum.

## About

Bit Digital is a Strategic Asset Company focused on active participation in Ethereum infrastructure by purchasing and staking ETH to generate protocol-native yield. The company also controls equity exposure to AI/HPC infrastructure through its majority ownership stake in WhiteFiber. Bit Digital allocates capital with a focus on long-duration, foundational infrastructure and disciplined balance sheet management.

## Key facts

- **Slug:** bit-digital
- **Website:** https://www.bit-digital.com/
- **Location:** New York, United States
- **Founded:** 2017-01-01
- **Operating status:** Active
- **Total funding:** $180M
- **Sectors / tags:** Cryptocurrency Mining, Digital Assets, Blockchain, Energy Infrastructure
- **Social:**
  - Facebook: https://www.facebook.com/btbtbitdigital

## Frequently asked

### What does Bit Digital do?

Bit Digital is a Strategic Asset Company focused on active participation in Ethereum infrastructure by purchasing and staking ETH to generate protocol-native yield. The company also controls equity exposure to AI/HPC infrastructure through its majority ownership stake in WhiteFiber. Bit Digital allocates capital with a focus on long-duration, foundational infrastructure and disciplined balance sheet management.

### What is Bit Digital's valuation?

StartupHub estimates Bit Digital's effective valuation at $635.0M (range $450.0M to $1.1B, 19% confidence), based on comparable companies in the sector.

### How much funding has Bit Digital raised?

Bit Digital has raised a total of $180M in funding. The most recent round on record is Convertible Note Offering.

### Where is Bit Digital headquartered?

Bit Digital is headquartered in New York, United States.

### When was Bit Digital founded?

Bit Digital was founded in 2017.

### What industry does Bit Digital operate in?

Bit Digital operates in Cryptocurrency Mining, Digital Assets, Blockchain, Energy Infrastructure.

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