May saw 63.3 BTC generated by Bit Digital, a decrease of 47% compared to the previous period.
Near the month's end, the business's hashrate was about 2.54 EH/s. Treasury reserves in the first cryptocurrency were estimated by Bit Digital to be 1,038.4 BTC and in the second cryptocurrency to be 20,508.3 ETH. As of May 31, the fair market value of the first cryptocurrency was approximately $70.1 million, and the second cryptocurrency $77.1 million. A total of $47.3 million was held by the company in cash and equivalents.
