Bit digital, inc. announces formation of a joint venture with mega matrix corp. to provide digital asset staking technology

New york , march 7, 2023 /prnewswire/ -- bit digital, inc. (nasdaq: btbt) ("bit digital" or the "company"), a sustainability focused generator of digital assets headquartered in new york, announced the formation of a joint venture with mega matrix corp. (nyse: mpu) ("mega matrix") by entering into a shareholders' agreement (the "agreement") with marsprotocol technologies pte. ltd., the joint venture company (the "joint venture company"), to jointly develop proof-of-stake technology tools for digital assets through the staking platform "marsprotocol", an institutional grade non-custodial staking technology (the "joint venture").
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