financetom
Business
financetom
/
Business
/
Bit Digital Signs $20.2 Million Agreement to Supply 576 Nvidia H200 GPUs
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bit Digital Signs $20.2 Million Agreement to Supply 576 Nvidia H200 GPUs
Dec 31, 2024 11:49 AM

02:22 PM EST, 12/31/2024 (MT Newswires) -- Bit Digital ( BTBT ) signed a master service agreement with an AI Compute Fund managed by DNA Holdings Venture to provide 576 Nvidia H200 graphics processing units over two years

The contract is expected to add $20.2 million in revenue for Bit Digital ( BTBT ) and covers 72 H200 servers for the initial term.

The contract is expected to start in February, Bit Digital ( BTBT ) said Tuesday in a statement.

Price: 2.95, Change: -0.05, Percent Change: -1.67

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Roblox Launches Rewarded Ad Program With Alphabet's Google
Roblox Launches Rewarded Ad Program With Alphabet's Google
Apr 1, 2025
09:50 AM EDT, 04/01/2025 (MT Newswires) -- Roblox ( RBLX ) said Tuesday that it is collaborating with Alphabet's (GOOG, GOOGL) Google ( GOOG ) to sell rewarded video ads to clients. Roblox ( RBLX ) said rewarded videos allow gaming users to watch up to 30-second full-screen video ads in exchange for in-game benefits or rewards. Financial terms of...
Williams Commissions Two Transco Pipeline Expansions
Williams Commissions Two Transco Pipeline Expansions
Apr 1, 2025
09:50 AM EDT, 04/01/2025 (MT Newswires) -- Williams (WMB) said Tuesday it commissioned two fully contracted expansions of its Transco natural gas pipeline that extends from South Texas to New York City. The Texas-to-Louisiana Energy Pathway project expands the pipeline's capacity in the two states by 364 million cubic feet per day to support energy infrastructure along the Gulf Coast,...
US Judge Rejects Another Johnson & Johnson Attempt To Use Bankruptcy For Talc Cancer Claims
US Judge Rejects Another Johnson & Johnson Attempt To Use Bankruptcy For Talc Cancer Claims
Apr 1, 2025
A U.S. bankruptcy court in Texas has rejected Johnson & Johnson’s subsidiary Red River Talc's request to approve its prepackaged bankruptcy plan. The company said the plan included one of the largest settlements in mass tort bankruptcy history and was backed by most claimants. In October 2024, the  Department of Justice’s unit argued that Johnson & Johnson’s latest bankruptcy maneuver is...
Calumet Closes Sale of Certain Royal Purple Assets for $110 Million
Calumet Closes Sale of Certain Royal Purple Assets for $110 Million
Apr 1, 2025
09:50 AM EDT, 04/01/2025 (MT Newswires) -- Calumet (CLMT) said Tuesday it has closed the sale of assets related to the industrial portion of its Royal Purple business for $110 million in cash to a unit of Lubrication Engineers, which is owned by Aurora Capital Partners. The assets are linked to Royal Purple's synthetic industrial product line, including lubricants and...
Copyright 2023-2025 - www.financetom.com All Rights Reserved