Bit digital, inc. announces binding term sheet with new hpc customer representing a more than $700 million revenue opportunity over five-year term

New york , aug. 19, 2024 /prnewswire/ -- bit digital, inc. (nasdaq: btbt) ("bit digital" or the "company"), a sustainable platform for digital assets and artificial intelligence ("ai") infrastructure headquartered in new york, announced today that it has signed a binding term sheet with boosteroid inc. ("boosteroid"), a new customer for its high-performance computing ("hpc") business. key highlights initial agreement: upon signing a master service agreement ("msa"), boosteroid will place an initial purchase for a starting quantity of gpu servers with a five-year service duration.
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