BlockBeats news, on October 15, according to MinerMag, Bitcoin mining company Bit Digital (BTBT) announced the acquisition of the Enovum data center in Montreal, Canada, for US$46 million, which is a Tier 3 high-performance computing (HPC) facility.

The acquisition was financed through the company's cash reserves and approximately 1.62 million newly issued BTBT shares. This strategic move will significantly enhance Bit Digital’s computing power and market competitiveness, further consolidating its leading position in the blockchain industry.