Bit Digital Joins the Bitcoin Mining Council (BMC) at the Invitation of Michael Saylor, Founding Member

Time:2022-01-08 Source: 839 views Trending Copy share

Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a public bitcoin mining company headquartered in New York, announced today it has become a member of the Bitcoin Mining Council (BMC), joining MicroStrategy and founding members Argo Blockchain, Core Scientific, Marathon Digital Holdings, Riot Blockchain and Galaxy Digital, among others.

Mr. Bullett commented, "We are thrilled to join the Bitcoin Mining Council and be part of its important mission to promote sustainable energy use and industry transparency. At Bit Digital we are dedicated to continuously enhancing the sustainability of our operations, and the larger bitcoin network. Joining the Bit Mining Council acts in furtherance of our commitment to sustainability."

Michael Saylor, founder of the BMC and renowned investor, commented, "At BMC, we are all coming together to educate the public and gather insights about the latest developments in the bitcoin mining business and how we are using energy. We recognize Bit Digital's efforts to operate using carbon-free energy, and welcome them to the Council."

Bit Digital joins the BMC in its campaign for industry transparency, sharing best practices and educating the public on the benefits of bitcoin and mining. The Company has participated in the latest BMC survey of sustainable power and is refining its strategy to further prioritize the use of carbon-free energy in its operations. In the future, Bit Digital intends to operate on 100% carbon-free power.

Bit Digital has been covered extensively by the Wall Street Journal and Bloomberg for its efforts on sustainability.

About Bitcoin Mining Council

The Bitcoin Mining Council is a voluntary and open forum of Bitcoin mining companies and other companies in the Bitcoin industry committed to the Bitcoin network and its core principles. It promotes transparency, shares best practices, and educates the public on the benefits of Bitcoin and Bitcoin mining.

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