Bit Digital, Inc.

And so that's all part and parcel.

And we've talked about the fact that when you look at the bit digital share price, the challenge is the net asset value of the company is higher than the market cap, which means that the share prices are Literally, given the discounts at the moment, what the net asset value is.

And I think at the latest, we've seen now it's 27% at a discount at the moment, Bryce.

Yeah, now a couple of comments and questions for you, Anthony.

They're going to be over in New York.

at the H.C. Wainwright Conference alongside Sam Tabar from BitDigital, John Belizer from Soluna, taking part in that first initial panel, Powering the AI Boom and Bitcoin Network, so fairly relevant for Bitdeer.

Now moving over to Core Scientific, we're going alphabetical today, keep things simple.

They came out with a batch zero update as well.

Who knows? Maybe AMD takes a bite this year.

But a great slide, great catch, Anthony, and a great update on the batch zero process there for Core Scientific.

Now, moving over to BitDigital, I mentioned Sam Tabar is going to be in New York, HC Wainwright Conference next week.

We were privileged to be there last year.

We've got more updates on batch zero, specifically Galaxy in focus today.

We've got updates for many of the top miners in the sector, including Keel, Bitdeer and Bitdigital, among many more.

So, Anthony, let's get into it.

Bitcoin, we've decided to do the year to date.

And, you know, the majority of companies are either double digit or very close to double digit positive.

Because of the Bitcoin price rallying nearly 5%, you've got to look at ABTC and BitDigital straight away.

You know, they're pure play Bitcoin mining and also effectively BitDigital's main focus is having that Ethereum market.

treasury position there.

And, you know, when Bitcoin price rallies, the Ethereum price also has been moving in parallel to that as well.

And the whole idea is only profitability.

So you have firms like Core Scientific, Iron Energy, Bit Digital, Northern Data Group, as well as Mara Holdings were kind of like the OGs of Bitcoin in the space.

So a lot of mining industries, particularly from Bitcoin, they are pivoting to artificial intelligence.

But what about electricity? As you talked about, you know, your data center is extremely electricity intensive.

The question is, why or what do you attribute trading at this discount to NAV? We've seen it with a few of your peers.

BitDigital is another one.

We've talked about some of the listing differences in Canada versus the United States.

What's your thoughts on this disconnect the market's seeing here?

That suggests to me for every dollar you're investing in a company... you're getting a dollar of assets.

And that can't be said for pretty much all the other companies, maybe with the exception of BitDigital, because they own 70% of white fibre.

And we've highlighted their position on a regular basis.

Their net asset value is like 42% under valued at the moment.