---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-032132"
form_type: "8-K"
ticker: "BTBT"
cik: "0001710350"
company_name: "Bit Digital, Inc"
filed_at: "2025-04-15T23:59:59+00:00"
generated_at: "2026-05-23T14:46:20.222438+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Bit Digital secures Saint-Jérôme data center site; 5MW Cerebras colocation targeted for July 2025

## Summary
- Development costs ~CAD $55M (~USD $40M) for Tier 3 retrofit; targeted go-live July 2025.
- Lease-to-own: 20-year term, two 5-year extensions; purchase option at $24.24M within 12 months.
- Annual base rent ranges from ~$2.4M (year 1) to ~$3.8M (year 20); tenant also pays taxes and insurance.
- Facility spans 202,000 sq ft on 7.7 acres; future expansion needs utility approvals; $3M letter of credit required.
- Supports 5MW colocation deal with Cerebras (Feb 2025); Cerebras has ROFR for additional capacity at site.

## SEC filing metadata
- accession: 0001213900-25-032132
- form_type: 8-K
- ticker: BTBT
- cik: 0001710350
- company_name: Bit Digital, Inc
- filed_at: 2025-04-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1710350/000121390025032132/0001213900-25-032132-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1710350/000121390025032132/ea0238042-8k_bitdigital.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-032132
- JSON: https://secwatch.observer/filing/0001213900-25-032132.json
- Plain text: https://secwatch.observer/filing/0001213900-25-032132.txt

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