FLock.io, the private AI training platform, has announced a collaboration with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, to harness Alibaba Cloud’s Large Language Model(LLM) Qwen and cloud technologies to create advanced AI models for both domain-specific and general purposes.

Under the collaboration, FLock.io will create various AI models utilizing infrastructure and products from Alibaba Cloud. In the future, both sides will leverage their technical expertise to explore research opportunities and use cases in AI fields.

Beyond technical integration, FLock.io will cooperate with Alibaba Cloud to facilitate joint research initiatives, leveraging the collective knowledge and resources to explore new applications in both centralized and decentralized artificial intelligence.

“Partnering with Alibaba Cloud’s Qwen represents a transformative step forward for FLock.io. By leveraging the strengths of blockchain technology and federated learning, we are creating an environment where secure, privacy-preserving model training can drive real-world innovation,” said Jiahao Sun, Founder and CEO of FLock.io. “This collaboration goes beyond merely constructing superior AI models; it represents decentralized AI and blockchain technology successfully penetrating traditional AI sectors and achieving their product-market fit.”

Qwen, developed by Alibaba Cloud, is one of the most advanced open-source LLMs available today. Since its debut in April 2023, Qwen has been adopted by over 290,000 enterprises across industries, from automotive, manufacturing, and finance to gaming, healthcare, and robotics. Accessible via Alibaba Cloud’s generative AI development platform Model Studio, Qwen has been embraced by global businesses and developers.

About FLock.io

FLock.io is the first decentralized AI training platform, combining Federated Learning and blockchain to revolutionize AI development. It enables secure, privacy-preserving training without centralizing data, allowing communities to collaboratively create, train, and own AI models.

FLock.io’s ecosystem consists of three key components: AI Arena, a platform for competitive model training; FL Alliance, a privacy-focused collaboration framework that enhances models while preserving data sovereignty; and Moonbase, a decentralized platform that hosts and refines AI models, rewarding contributors and driving the growth of the DeAI ecosystem.

Users can learn more at FLock.io.

The AI-powered hiring platform opens new doors for employers and job seekers in the decentralized economy.

As the global Web3 and blockchain sector experiences unprecedented growth, Bossjob, an AI-driven job-hiring platform, is stepping forward to bridge the talent gap with its newly launched Web3 Talent Hub, a specialized ecosystem tailored to the niche needs of decentralized industries.

Web3 has evolved from a buzzword into a transformative movement shaping finance, gaming, AI, social platforms, and digital identity. However, the rapid expansion of this space has created more battles for skilled professionals, and some job seekers can also be confused about the rising occupations in the Web3 industry and not sure if they are suitable. Bossjob’s new initiative is designed to tackle this head-on.

A Specialized Solution for a Specialized Industry

Bossjob’s Web3 Talent Hub serves as a centralized gateway for companies and startups to connect with top-tier, verified candidates who understand the complexities of blockchain technology. By leveraging AI and direct chat-based applications, the platform cuts down time-to-hire while improving quality-of-fit.

“The Web3 space doesn’t move in quarters — it moves in minutes,” says Global Communications Lead at Bossjob. “You need access to talent that’s not just technically capable, but who speaks the language of decentralized ecosystems. Bossjob is here to make those matches fast, efficient, and global.”

Designed for Global Impact

With an existing footprint across Southeast Asia, and North America, and growing traction in Europe, Bossjob is bringing its real-time hiring model to the global Web3 job market. The platform connects employers directly with candidates through instant messaging, which is especially attractive to startups and DAOs looking for agile hiring.

What’s more, Bossjob’s AI-based talent matching helps employees immediately notice the occupations that fit them most in the Recommendation column. Also, once the job seekers set the job preferences, employers can easily preview their technical, cultural, and location info to consider if the candidates are suitable.

As part of this launch, Bossjob has rolled out Web3-focused filters and tags, making it easier for companies to post roles like:

• Blockchain Developer
• Web3 UI/UX Designers
• Web3 Product Manager
• DAO Operators
• Crypto Community Managers

Besides, rising demand from GameFi, DePIN, and zk-rollup projects has also been seen now, which further reinforces the urgency of a platform that understands the nuances of this fast-evolving space.

Setting the Stage for Web3 Workforce Evolution

Bossjob is already trusted by millions of users and hundreds of employers, with hiring success stories spanning tech startups to multinational enterprises. Its commitment to using smart technology to solve hiring inefficiencies has made it a standout choice for companies that prioritize speed, trust, and results. Actively attending various conferences including Web3 industry across Asia, Bossjob will showcase how smart hiring infrastructure is critical for the next generation of decentralized innovation.

As the lines between traditional finance, crypto, and tech continue to blur, talent will be the most valuable currency. Bossjob aims to empower both sides of the hiring equation, helping visionary companies build faster, and enabling future-forward professionals to discover meaningful opportunities in the industries reshaping tomorrow.

PointsKash Inc., has announced the signing of their new agreement with Discover Network, a leading global payments network, to provide PointsKash customers pre-paid loyalty rewards debit cards from its KashPoint ATM/BTM kiosks nationwide.

PointsKash is a fintech company founded and led by former Wall Street executives with extensive experience in the online transactional space. The PointsKash wholly owned subsidiary PKKash leads the PK Family with their all-in-one financial services kiosk (‘KashPoint’) offering consumers the ultimate in convenience, providing the ability to deposit, withdraw, transfer, send and receive funds, pay bills, obtain microloans, buy/sell cryptocurrency, and even secure tickets to events among other services.

PointsKash KashPoint kiosk users will now be able to redeem their accrued loyalty rewards points converted to cash credits issued on Discover Network cards from KashPoint kiosks and redeemable anywhere Discover Cards are honored. This agreement will also allow for these cards to be whitelabeled with the PointsKash corporate identity, helping PointsKash continue to build brand awareness in its pursuit to grow its customer footprint.

“This is a huge win for PointsKash and our growing customer base,” said Steve Janjic, CEO of PointsKash Inc. “And to be one of the first to partner in this manner with Discover Network we believe is testament to the increasing demand for our convenient financial transaction solutions for the underbanked population in our country,” said Janjic.

ABOUT POINTSKASH INC.

PointsKash, Inc. is a disruptive FinTech company that provides convenient, secure, one-stop shopping access through state of the art hardware and software technology for all banking needs including ATM, check cashing, bill payment, microloan provider, money transfer, crypto-currency buy/sell services and a rewards loyalty points program allowing consumers to convert their rewards points from participating companies to cash, cryptocurrency, event ticketing and more, all in one kiosk machine. The PointsKash merchant payment processing services team has over 100 years of combined experience serving small, medium, and enterprise-level businesses, including national convenience store chains, fuel stations, auto dealerships, manufacturers, sporting events, e-gaming organizations, and retailers. PointsKash is headquartered in Boca Raton, Florida.

Crypto exchange Coincall has officially entered the Top 5 global crypto options exchanges by trading volume, marking a major milestone just 18 months after its founding. The achievement highlights the platform’s rapid growth in a sector that’s increasingly drawing both institutional and retail interest.

The surge in performance, according to internal data and third-party analytics, is linked to a successful Q1 strategy that included high-impact marketing campaigns and new product rollouts, in collaboration with notable crypto partners such as SignalPlus, DWF, and Big Candle Capital.

Crypto Options: From Niche Strategy to Core Market Structure

Once reserved for quants and hedge funds, options are now becoming a go-to instrument for crypto-native investors. These contracts give traders the right, but not the obligation, to buy or sell assets at a set price — enabling sophisticated hedging, volatility plays, and directional speculation.

As the broader digital asset market matures, crypto options are increasingly viewed as a critical building block of the financial stack. That narrative hit the mainstream this month when reports emerged of Coinbase being in advanced talks to acquire Deribit, the market’s dominant BTC and ETH options venue, for a rumored $4–5 billion. Although negotiations have since tapered, the message from the market is clear: crypto derivatives are no longer a sideshow — they’re center stage.

Youngest in the Top 5 — and Fastest Rising

Coincall’s breakout is notable not just for its velocity, but for the company’s relative youth. Founded in late 2023, Coincall now ranks among the top exchanges in the space, with it currently 9-10% the size of Deribit.

According to data from Laevitas, Coincall captured an average market share of 5.43% between March 8 and 17, 2025, with a notable peak at 10.15% on March 15. The exchange also saw strong volume days with 9.78% share on March 8 and 6.64% on March 16 — signaling rising momentum and growing competitiveness in the global crypto options landscape.

Coincall’s comparative market share and growth trajectory make it the youngest exchange ever to break into the Top 5, and potentially one of the most viable candidates for acquisition or institutional partnership among rising players. As attention shifts from mature giants to agile challengers, Coincall has positioned itself at the center of that conversation, growing into almost the same market share as industry giant ByBit.

Leadership Backed by Vision

In January, Coincall appointed Daryl Teo — former strategist at Alibaba Group (NASDAQ: BABA) and a long-time investor in the crypto space — as Chief Operating Officer and minority shareholder. He joins CEO Jimmy’s team of executives previously from OKX, Paradigm and Bytedance.

“We’re witnessing crypto achieve consensus-level legitimacy as a store of value,” Teo said. “Options are the next wave — they provide leverage, flexibility, and strategy. Our mission at Coincall is simple: make investing quick, intuitive, and safe — for everyone.”

“Earn While You Trade” feature: Unlocking Yield + Capital Efficiency

Coincall’s latest innovation, Earn While You Trade (EWYT), is designed to eliminate the traditional tradeoff between yield farming and active trading.

With EWYT, users can:

• Earn up to 6.4% APR on USDT holdings
• Access 90% of staked funds as trading margin
• Withdraw funds at any time — no lock-ups
• Increased capital efficiency for active traders

The feature enables users to earn yield on idle capital without forgoing trading activity, offering an alternative approach to capital utilization.

Macro Momentum: Crypto Infrastructure Is Back

Coincall’s rise reflects broader tailwinds in crypto infrastructure. According to PitchBook, $11.5 billion in venture capital was invested into crypto and blockchain startups in 2024 across 2,153 deals — a strong rebound after the prior bear cycle.

“The next phase of crypto will be defined by real infrastructure,” said Teo. “The platforms building with intention, with capital efficiency and user accessibility in mind, will shape the decade ahead.”

About Coincall

Coincall is a next-generation cryptocurrency options exchange founded in 2023, focused on accessibility, capital efficiency, and a seamless trading experience. With deep liquidity, fast execution, and innovative features like Earn While You Trade, Coincall is building the future of digital asset derivatives.

Tandem, the partner studio and venture capital arm of Offchain Labs, today announced a strategic investment in Fhenix, to integrate Fully Homomorphic Encryption (FHE) onto the blockchain ecosystem, including Arbitrum. FHE allows computations on encrypted data without decryption, enhancing security while addressing critical confidentiality issues within the Ethereum network.

The growing demand for privacy positions this partnership to unlock many new use cases that will drive consumer and institutional interest. These include confidential financial transactions, private voting systems, secure data marketplaces, and enhanced identity verification, among others — all while maintaining the core benefits of blockchain technology.

“After building in crypto for over a decade, I came to realize that FHE is the technology best-suited to providing private computation on the blockchain,” said Guy Zyskind, Founder of Fhenix. “I can’t think of better partners to help take FHE mainstream than the team that created interactive fraud proofs for optimistic rollups.”

FHE has previously been viewed as too complex and slow for blockchain implementation, but recent advancements, including breakthroughs by the Fhenix team, have made FHE a practical reality today. This investment underscores Tandem’s commitment to advancing privacy research and facilitating its application within the blockchain ecosystem.

“Privacy remains one of blockchain’s greatest adoption hurdles, particularly for institutional users. Our strategic investment in Fhenix addresses this challenge head-on by bringing FHE capabilities to the blockchain,” said Ira Auerbach, Head of Tandem by Offchain Labs. “This partnership exemplifies Tandem’s commitment to empowering innovations that solve critical Web3 challenges while expanding what’s possible for developers.”

“This investment from and partnership with Tandem by Offchain Labs is a serious vote of confidence from one of the most accomplished and respected teams in the space,” said Guy Itzhaki, CEO of Fhenix. “Together we plan on fulfilling Fhenix’s mission of bringing FHE to everyone, everywhere.”

“FHE is a breakthrough in cryptography that enables blockchain privacy while preserving transparent security,” said Steven Goldfeder, CEO and Co-founder of Offchain Labs. “Once considered to be an academic innovation that was years away from practicality, the Fhenix team has made breakthrough strides in bringing this technology to market. With a dynamic team of leading researchers and developers, Fhenix is well-equipped to pioneer innovation in cryptographic solutions globally and usher in an era of privacy-enabled smart contracts.”

This partnership follows successful investments and studio deals with projects such as Xai, Espresso Systems and Camelot, further expanding and enabling unique and innovative projects to grow successfully with the backing of the experts at Tandem.

About Fhenix

Fhenix brings confidentiality to the EVM via Fully Homomorphic Encryption (FHE), a novel cryptographic scheme that enables computation of encrypted data. Fhenix advances FHE research and creates tools that enable application developers to create encrypted smart contracts using FHE. To learn more, please visit https://www.fhenix.io/

About Tandem

Tandem, the partner studio and venture capital arm of Offchain Labs, is committed to empowering early-stage blockchain projects by providing the resources and expertise needed to overcome crypto’s toughest challenges. Through a unique combination of industry knowledge and access to Offchain Labs’ extensive resources, Tandem offers tailored guidance in research, product development, engineering, and strategic partnerships. Tandem also actively supports growth by participating in funding rounds of projects that are shaping the future of blockchain infrastructure and applications.

About Offchain Labs

Offchain Labs is a venture-backed, Princeton-founded company that has dedicated over six years to blockchain research and development. As the original contributors to Arbitrum, the leading Ethereum scaling solution, and Prysm, the leading consensus client for Ethereum, Offchain Labs has been instrumental in revolutionizing the industry through groundbreaking advancements in blockchain scalability and efficiency. The team continues to build upon this foundation by innovating and enhancing products such as Arbitrum Orbit, Stylus, Prysm, and Arbitrum Nitro.

AegisAI, the modular AI Layer 1 blockchain, has closed its pre-seed round led by IDG Capital, with participation from Flow Traders and NGC Ventures The funding will accelerate its mission to enable the native deployment of AI applications on EVM- and SVM-compatible blockchains, delivering decentralized, censorship-resistant AI operations independent of centralized oversight.

AegisAI’s innovative architecture addresses key technical limitations that have historically hindered the integration of AI into existing blockchain frameworks. By leveraging a network of decentralized resource nodes and a stake-based verification layer, AegisAI empowers EVM/SVM ecosystems to perform sophisticated AI functions—ranging from large language model (LLM) inferences to agent-driven transactions—without dependence on centralized APIs. This design eliminates single points of failure, ensuring that AI outputs are secure, tamper-proof, and governed solely by transparent, code-based protocols rather than corporate or individual influence.

The rebrand represents the culmination of years of development and market observation, positioning Vaulta to harness Bitcoin’s rising global dominance and lay the groundwork for the future of digital finance.

EOS Network, a scalable operating system that powers Web3 banking with fast, low-cost transactions, seamless blockchain connectivity, and decentralized data management, today announced it will rebrand to Vaulta, aligning with a strategic shift to Web3 banking. The official transition, which will include a token swap, is scheduled for the end of May 2025 (subject to confirmation and change).

The transition from EOS to Vaulta signifies the culmination of years of planning and development with the goal of delivering on a promise to build a secure, scalable, and inclusive financial ecosystem. Over the past couple of years, the team has worked towards the goal of integrating Web3 technology with established financial systems to realize the vision of Web3 banking – unlocking the immense potential for assets like Bitcoin and other decentralized technologies.

Yves La Rose, Founder and CEO of Vaulta Foundation, commented: “This transformation represents more than just a name change; it’s a decisive step forward in our mission to deliver open, accessible financial access for everyone. Vaulta is the product of years of planning, strategic development, and thoughtful design, culminating in a holistic Web3 banking approach. Web3 has the potential to reshape global finance and Vaulta is at the forefront of this evolution”

The rebrand will also see the creation of the Vaulta Banking Advisory Council, composed of a team of banking and Web3 experts who will provide expertise on bridging traditional finance with decentralized infrastructure and Web3 systems. This advisory group will assist with a high-level strategy that adheres to global compliance standards and helps to identify key real-world piloting opportunities. The Banking Advisory Council will include several notable thought leaders; Lawrence Truong, Chief Executive Officer – Systemic Trust, Didier Lavalle, Chief Executive Officer – Tetra, Alexander Nelson, Senior Director, Digital Finance – ATB Financial, Jonathan Rizzo, Senior Business Solution Specialist, Digital Finance – ATB Financial.

Alexander Nelson, Senior Director of Digital Finance at ATB Financial commented “Vaulta’s strategic realignment towards Web3 Banking is a significant development for the banking industry. Their robust infrastructure has the potential to connect traditional banking with the benefits of blockchain technology. This move not only opens the door for traditional funds to enter DeFi through Bitcoin but also paves the way for greater institutional acceptance. I’m excited to join the Banking Advisory Council and work together with Vaulta on their next phase of growth.”

Vaulta will seek to revolutionize the financial services industry by acting as a scalable and robust operating system that will power real-world financial applications. The groundwork for this innovation has already been established under the EOS brand through key aspects of the network’s tech stack, including its C++ smart contract architecture, decentralized on-chain RAM database, and its multi-chain interoperability (IBC) environment. Vaulta directly integrates with exSat, a Bitcoin digital banking solution transforming Bitcoin into the backbone of a decentralized financial ecosystem. exSat’s Bitcoin digital banking services complement Vaulta’s BankingOS.

Vaulta will leverage strategic partnerships with multiple industry leaders to drive this new direction, including Ceffu, Spirit Blockchain, and Blockchain Insurance Inc. These partnerships will work to expand the capabilities of Vaulta’s Web3 Banking ecosystem through specific use cases for digital assets, identified as its “Four Pillars”; Wealth Management, Consumer Payments, Portfolio Management, and Insurance. The development of the Four Pillars will allow Vaulta to unlock novel yield-generation opportunities, access to real-world asset (RWA) investments, and establish insurance tailor-made for blockchain.

Vaulta plans to announce further strategic partnerships over the coming months, aligning with ongoing Web3 banking and infrastructure initiatives. The name of the new token ticker and launch of the swap portal is scheduled for the end of May (subject to confirmation and change).

About Vaulta

Vaulta is a highly scalable, high-performance Banking Operating System designed to empower developers and enterprises with unmatched speed, reliability, and flexibility. As a gateway to the Bitcoin ecosystem and a pioneer in decentralized data management through RAM markets, Vaulta is redefining financial infrastructure by bridging Web3 banking with institutional-grade performance. Built on a dynamic and flexible infrastructure, Vaulta enables customizable virtual environments, like Vaulta EVM and exSat, to deliver full data availability and seamless inter-blockchain communication. With zero downtime, instant finality, and one of the lowest transaction costs in the market, Vaulta will unlock the next financial frontier – Web3 Banking.

Bit Digital, Inc. (the “Company”), a global platform for high-performance computing (“HPC”) infrastructure and digital asset production headquartered in New York City, today announced its financial results for Fiscal Year 2024. In conjunction with the Company’s transition to domestic filer status, Bit Digital filed its Form 10K report with the U.S. Securities and Exchange Commission (“SEC”) on March 14, 2025. The Company will host a conference call on March 14, 2025, at 10:00 AM ET to discuss results.

Financial Highlights for Fiscal Year 2024

• Total revenue for fiscal year 2024 was $108.1 million, a 141% increase compared to the prior year’s results. The increase was primarily driven by the commencement of our high performance computing services (“HPC”) business.
• Revenue from bitcoin mining was $58.6 million for fiscal year 2024 , a 32% increase compared to the prior year. Cloud services revenue was $45.7 million for 2024 compared to nil the prior year. Colocation services revenue, related to the Company’s acquisition of Enovum Data Centers Corp in October 2024, was $1.4 million for the period. ETH staking revenue was $1.8 million for 2024, a 169% increase from the prior year.
• Revenue from digital asset mining comprised 54% of total revenue for 2024 compared to 98% during 2023. The change was driven by the commencement of the Company’s HPC business lines, with cloud services revenue generating 42% of total 2024 revenue. Digital asset mining comprised 40% of revenue during the fourth quarter of 2024.
• The Company had cash, cash equivalents and restricted cash of $98.9 million, and total liquidity (defined as cash, cash equivalents and restricted cash, USDC, and the fair market value of digital assets) of approximately $260.7 million, as of December 31, 2024.
• Total assets were $538.2 million and Shareholders’ Equity amounted to $463.5 million as of December 31, 2024.
• Adjusted EBITDA was $73.0 million for the fiscal year 2024 compared to $12.4 million for fiscal year 2023. Adjusted EBITDA includes a $55.7 million in pre-tax gains on digital assets.
• GAAP earnings per share was $0.19 on a fully diluted basis for fiscal year 2024 compared to a loss per share of $(0.16) for the prior year.

Operational Highlights for Fiscal Year 2024

• The Company earned 949.9 bitcoins during fiscal year 2024 , a 37% decrease from the prior year. The decline was primarily driven by a reduction in block rewards following the halving event in April 2024 and by an increase in network difficulty, and partially offset by an increase in the Company’s average operational hash rate.
• The Company paid approximately $0.05 per kilowatt hour to its hosting partners for electricity consumed for mining operations during fiscal year 2024 .
• The average fleet efficiency for the active fleet was approximately 26.2 J/TH as of December 31, 2024.
• The Company earned 565.1 ETH in native staking and 1.3 ETH in liquid staking, respectively, during 2024, compared to 287.0 ETH in native staking and 81.9 ETH/rETH-h in liquid staking, respectively, for 2023.
• Treasury holdings of BTC and ETH were 741.9 and 27,623.2, respectively, with a fair market value of approximately $69.3 million and $92.1 million on December 31, 2024, respectively.
• As of December 31, 2024, we had 24,239 miners owned or operating (in Iceland) for bitcoin mining with a total maximum hash rate of 2.6 EH/s.
• The Company’s active hash rate of its bitcoin mining fleet was approximately 1.8 EH/s as of December 31, 2024.
• Approximately 85% of our fleet’s run-rate electricity consumption was generated from carbon-free energy sources as of December 31, 2024. These figures are based on data provided by our hosts, publicly available sources, and internal estimates, demonstrating our commitment to sustainable practices in the digital asset mining industry.
• The Company had approximately 21,568 ETH actively staked in native staking protocols as of December 31, 2024.
• On October 9, 2024, the Company executed a Master Services and Lease Agreement (“MSA”) with Boosteroid Inc. (“Boosteroid”), a global cloud gaming provider. The Company finalized an initial order of 300 GPUs, projected to generate approximately $4.6 million in revenue over the five-year term. The MSA provides Boosteroid with the option to expand in increments of 100 servers, up to 50,000 servers, representing a potential $700 million revenue opportunity over the five-year term, subject to deployment plans and market conditions. The Company anticipates additional deployments throughout 2025.
• On October 14, 2024, Bit Digital announced the acquisition of Enovum Data Centers (“Enovum”) for a total consideration of CAD $62.8MM (approximately USD $46MM based on a CAD/USD exchange rate of 0.73). The acquisition was completed on a debt-free basis, with a normalized level of working capital acquired, funded by approximately CAD $56 million of cash and approximately 1.62 million share equivalents issued solely to key management who rolled-over a significant portion of their existing ownership in Enovum. The transaction closed on October 11, 2024. The acquisition vertically integrated Bit Digital’s HPC operations with a 4MW Tier 3 datacenter in Montreal that is fully leased to a plurality of colocation customers. It also provided Bit Digital with a robust expansion pipeline and an experienced team to lead the development process.
• On December 30, 2024, the Company signed a Master Services Agreement (MSA) with DNA Fund for services utilizing 576 H200 GPUs over 25 months, representing $20.2 million in total revenue.
• On December 27, 2024, the Company acquired a 160,000 sq. ft. site in Pointe-Claire, QC for a planned 5MW Tier-3 data center expansion. The site is expected to be operational by June 2025, will feature direct-to-chip liquid cooling and a heat reject loop to enhance energy efficiency. The facility will be powered by 100% renewable hydroelectricity from Hydro-Quebec. The Company expects to invest approximately $19.3 million to develop the site, with potential expansion to 13MW within 24-36 months, subject to Hydro-Quebec approval. A portion of the capacity is expected to support the Company’s cloud services business. The acquisition was initially self-funded, with mortgage financing in progress.

Subsequent Events

● As of January 1, 2025, Bit Digital officially transitioned to domestic issuer status under U.S. securities regulations.
● New Cloud Services Agreements:

• January 2025 – Signed an MSA for 32 H200 GPUs over six months, representing $300,000 in total revenue. Deployment began January 8, 2025.
• January 2025 – Signed an MSA for 24 H200 GPUs over 12 months, representing $450,000 in total revenue. Deployment began January 27, 2025.
• January 30, 2025 – Signed an MSA for 40 H200 GPUs over 12 months, representing $750,000 in total revenue. Deployment began January 24, 2025.

● In January 2025, the Company entered into a new agreement to supply its first customer for an additional 464 B200 GPUs for a period of eighteen months. This new agreement replaces the prior agreement whereby the Company was to provide the customer with an incremental 2,048 H100 GPUs. The contract represents approximately $15 million of annualized revenue and features a two-month prepayment from the customer.
● On February 6, 2025, the Company officially rebranded its HPC business as WhiteFiber, Inc., encompassing its GPU cloud services and HPC data center platform, Enovum Data Centers.
● In February 2025, the Company, through its newly rebranded HPC business WhiteFiber, Inc., secured a five-year colocation agreement to provide 5MW (IT load) of built-to-suit data center infrastructure with Cerebras Systems, a leading accelerator of generative AI. The contract will be fulfilled at an Enovum-developed site, with the location to be announced. Operations are expected to commence in mid-2025.

Management Commentary

“2024 marked a pivotal shift for Bit Digital. Our business was historically driven by digital asset mining, but the successful launch and rapid expansion of our HPC business fundamentally reshaped our company. This evolution drove over 140% revenue growth, with these new business lines contributing nearly half of total revenue.

A defining milestone in this transformation was our acquisition of Enovum Data Centers in October. More than just an infrastructure expansion, Enovum provided us with a proven team, operational expertise, and a scalable platform to develop and operate data centers. It also introduced colocation services as a new business line, further diversifying our revenue streams and strengthening our AI compute capabilities.

Bitcoin mining remained a key revenue contributor, generating $58.6 million, a 32% increase year-over-year. However, as our HPC business scaled, mining’s share of total revenue declined to 54% in 2024, and further to 40% in Q424, compared to 98% in 2023. This shift underscores our strategic pivot toward infrastructure-driven revenue streams while maintaining disciplined mining operations.

Profitability improved alongside business expansion, supported by stronger gross margins and operational efficiencies. A strong liquidity position and no debt provide the flexibility to make targeted investments that enhance capabilities and long-term competitiveness. The Company is actively exploring cost-effective financing options to support expansion while maintaining financial discipline.

We are continuously exploring new ways to unlock and create shareholder value, ensuring that we remain dynamic and well-positioned for future opportunities.”

About Bit Digital

Bit Digital, Inc. is a global platform for high-performance computing (“HPC”) infrastructure and digital asset production headquartered in New York City. The Company’s HPC business operates under the WhiteFiber Inc. (“WhiteFiber”) brand. Our operations are located in the US, Canada, and Iceland. For additional information, please visit our website at www.bit-digital.com.

In a significant leap forward for the cryptocurrency recovery industry, Broker Complaint Alert today announced the launch of its new AI-powered solutions, aimed at redefining the landscape of funds recovery. This innovative approach leverages cutting-edge artificial intelligence technology to enhance the efficiency and effectiveness of recovering lost or stolen digital assets. For detailed information, visit Broker Complaint Alert.

As the digital currency market continues to grow, so does the risk of fraud and theft. In response, Broker Complaint Alert has developed a suite of AI-driven tools that not only identify and combat fraudulent activities but also streamline the recovery process for victims. This initiative marks a pivotal advancement in the use of technology to safeguard and recover valuable digital investments.

“Artificial intelligence is transforming the way we address cryptocurrency recovery, providing unprecedented accuracy and speed in tracking down lost funds,” said Costigliola Romualdo, CEO and Founder of Broker Complaint Alert. “Our AI-powered solutions are designed to restore confidence in the digital finance sector by significantly enhancing our ability to detect fraud and expedite the recovery process.”

The new technology utilizes machine learning algorithms to analyze transaction patterns and detect anomalies indicative of fraudulent activity. By automating the detection process, Broker Complaint Alert can respond more swiftly and effectively than ever before, offering victims of crypto theft a greater chance of recovering their funds.

Key features of Broker Complaint Alert’s AI-powered solutions include:

• Automated Fraud Detection: Advanced algorithms scan blockchain transactions to identify suspicious activity quickly.
• Rapid Response Capabilities: Once potential fraud is detected, the system initiates immediate actions to halt transactions and begin the recovery process.
• Enhanced Tracking Accuracy: AI-enhanced tracking tools follow the movement of stolen assets across the blockchain, increasing the likelihood of successful recovery.

“Adopting AI technologies allows us to keep pace with the increasingly sophisticated tactics used by cybercriminals,” Romualdo added. “It’s not just about reacting to threats, but proactively preventing them, ensuring our clients’ assets are secure.”

Broker Complaint Alert’s AI-driven approach also includes collaboration with blockchain forensics experts and cybersecurity professionals, ensuring a comprehensive and secure recovery process. This collaborative effort underscores the company’s commitment to taking charge of technological innovations within the crypto recovery space.

As cryptocurrency continues to be an integral part of global finance, the importance of robust, technology-driven recovery solutions becomes more apparent. Broker Complaint Alert is at the forefront of this movement, providing peace of mind to digital asset investors and redefining the standards for funds recovery in the crypto world.

About Broker Complaint Alert:

Broker Complaint Alert is a leader in the cryptocurrency recovery industry, specialising in AI-driven solutions to combat online fraud and secure digital assets. Their innovative approach ensures high efficiency and effectiveness in recovering stolen or lost digital currencies, setting new benchmarks for security and recovery in the digital finance industry.

Collaboration leverages AI-powered Decarbonization-as-a-Service platform to establish verified carbon intensity products

Context Labs, a leader in carbon performance solutions, has expanded its partnership with Jonah Energy, a leading U.S. natural gas producer, to deploy advanced emissions-tracking technology across its Wyoming and New Mexico operations. This multi-phase initiative builds on prior successes in automating greenhouse gas reporting and positions Jonah as a pioneer in source-level emissions verification for energy customers prioritizing low-carbon intensity fuels.

The expanded collaboration deepens the integration of Context Labs’ AI-enabled Decarbonization-as-a-Service (DaaS) platform, automating data collection, analysis, verification, and reporting while delivering real-time operational insights. This advanced infrastructure empowers Jonah Energy to enhance product differentiation with trusted carbon intensity data, ensuring seamless compliance with evolving regulations. Additionally, the partnership reinforces Jonah’s leadership in emissions transparency and supports its commitment to the United Nations’ Oil and Gas Methane Partnership (OGMP) 2.0, where it became the first U.S. operator to achieve a gold-standard rating for emissions performance.

“Trust in energy data is non-negotiable for utilities, regulators, and consumers,” said Howard Dieter, Vice President of Environmental, Health & Safety and strategic energy initiatives at Jonah Energy. “By scaling Context Labs’ technology, we’re delivering irrefutable proof of performance for natural gas that meets stringent climate benchmarks—particularly for markets demanding verifiable, low-carbon solutions.”

“This expansion underscores how Asset Grade Data can transform operational accountability,” said Dan Harple, founder and CEO of Context Labs. “Jonah’s leadership demonstrates that emissions transparency isn’t just regulatory compliance—it’s a commercial imperative driving value across the energy ecosystem.”

The Context Labs platform is deployed on Microsoft Azure, leveraging its advanced security features and Azure OpenAI Service tools to deliver significant value in energy transitions. For more information, visit Context Labs on the Azure Marketplace.

About Context Labs BV

Context Labs is dedicated to sourcing, organizing, and contextualizing the world’s climate information. The company enables data to become trusted, shared, and utilized as Asset Grade Data (AGD), providing insights and solutions to inform markets. Context Labs mission is to provide the world’s trusted AI-enabled data fabric platform, delivering Asset Grade Data to customers using the Immutably Enterprise Data Fabric platform, deploying machine learning, Artificial Intelligence, and cryptographic blockchain technologies, for context-driven insights.

Building on the Immutably platform, the company has deployed customer service layers Decarbonization-as-a-Service (DaaS), tailored to accelerate the Global Energy Transition, and its CLEAR Path platform to enable customers to optimize value creation with the highest quality environmental attributes. The company was formed out of MIT (Massachusetts Institute of Technology) research and is comprised of a leadership team that has been instrumental in the at-scale growth of the Internet, in prior companies. The company has offices in Amsterdam, Cambridge, Mass., and Houston. Learn more at http://www.contextlabs.com.

About Jonah Energy LLC

Jonah Energy is an oil and gas exploration and development company headquartered in Denver, Colorado with operations in the Green River Basin of Wyoming and Permian Basin in New Mexico. The company is one of the largest privately held natural gas producers in the US and is dedicated to producing oil and natural gas in an environmentally responsible manner.

Website: https://www.jonahenergy.com/