Bit Digital acquires site for third Montreal data center

Bit Digital has purchased a site for its third data center in Montreal, supporting its expansion in North America. The new facility will enhance Bit Digital's blockchain infrastructure, focusing on sustainable operations with renewable energy sources. This acquisition is part of the company's strategy to increase its computational power and presence in strategic locations, capitalizing on Montreal's competitive energy prices. The expansion also aligns with the broader industry trend of growing digital infrastructure to support rising data demands.