Bit Digital Acquires Enovum Data Centers

October 16, 2024

Bit Digital, Inc. (NASDAQ: BTBT) has acquired Enovum Data Centers, a Montreal-based operator of a 4MW Tier 3 high-performance computing (HPC) datacenter, for approximately CAD 62.8 million (about USD 46 million). The acquisition vertically integrates Bit Digital's HPC and GPU hosting initiatives, enabling the company to offer colocation, on-demand computing and to host its own GPUs while supporting expansion plans for additional capacity.

Buyers
Bit Digital, Inc.
Targets
Enovum Data Centers
Industry
Infrastructure
Location
Quebec, Canada
Transaction Type
Buyout

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