StocksMedium•12 November 2026•
1 min read
Bit Digital Outlines $865M Contract and Potential Share Buybacks
Key Facts
1Bit Digital outlined details of an $865M 10-year NC-1 contract as 40MW of capacity begins billing.
2The company is weighing shareholder-approved stock buybacks.
Bit Digital outlined details of an $865 million 10-year NC-1 contract as 40MW of capacity begins billing. Seeking Alpha reported that the company is also weighing shareholder-approved stock buybacks as it pivots its business model toward high-performance computing (HPC) and infrastructure.
BTBT closed at $0.7948 on November 11, 2026, with the stock trading between a low of $0.7603 and a high of $0.808 during that session. The company aims to utilize its balance sheet to support equity value while establishing long-term revenue visibility through its new contractual obligations.