Bit Digital has secured a 202,000 sq. Ft. Site in Québec for a Tier 3 data center, expected to operate by July 2025. This facility is part of a 5MW colocation contract with Cerebras Systems, costing approximately 40 million USD.
This expansion reflects the company’s commitment to meet the growing AI infrastructure demands while continuing its Bitcoin mining operations in North America and Iceland. The facility represents a strategic move into high-performance computing.
Standard Chartered predicts XRP to soar to 12.50 USD by 2028, driven by anticipated ETF approvals and expanding tokenization in the financial sector. The bank estimates significant inflows upon the ETF’s launch, potentially unlocking between 4 billion to 8 billion USD.
Leave a Reply