---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-000891"
form_type: "8-K"
ticker: "BTBT"
cik: "0001710350"
company_name: "Bit Digital, Inc"
filed_at: "2025-01-06T23:59:59+00:00"
generated_at: "2026-05-28T10:59:16.742264+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bit Digital acquires Montreal data center site for CAD $33.5M; 5MW Tier-3 build expected by May 2025

## Summary
- Acquired 160,000 sq ft site from Alexandria Real Estate Equities (ARE) subsidiary for CAD $33.5M (~USD $23.3M).
- Additional CAD $27.6M (~USD $19.3M) planned for Tier-3 development with 5MW capacity and liquid cooling.
- Site is part of 288MW proprietary pipeline and supports 32MW HPC footprint goal in 2025.
- Initially cash-funded; company plans non-dilutive mortgage financing for acquisition and buildout.
- Customer intends to fill capacity with new-generation Nvidia GPUs; operational by May 2025.

## SEC filing metadata
- accession: 0001213900-25-000891
- form_type: 8-K
- ticker: BTBT
- cik: 0001710350
- company_name: Bit Digital, Inc
- filed_at: 2025-01-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1710350/000121390025000891/0001213900-25-000891-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1710350/000121390025000891/ea0226703-8k_bitdigi.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-000891
- JSON: https://secwatch.observer/filing/0001213900-25-000891.json
- Plain text: https://secwatch.observer/filing/0001213900-25-000891.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.