Bitcoin mining company Bit Digital mined a total of 113.2 bitcoins in May, an increase of 31% from the previous month. As of the end of May, Bit Digital had deployed a total of 11,513 Bitcoin mining machines, with an active computing power of approximately 1.20 EH/s. Bit Digital held 453.6 BTC and 10,996 ETH reserves, respectively, with a fair market value of approximately US$12.3 million and $20.6 million. As of May 31, 2023, Bit Digital had $15.4 million in cash and cash equivalents. Additionally, Bit Digital staked 6,692 ETH in native and liquid staking protocols.