Bit Digital Appoints Amanda Cassatt to Board, Enhancing Leadership in Digital Assets

Bit Digital Strengthens Leadership with Strategic Appointment

Bit Digital, Inc. (Nasdaq: BTBT), a significant player in the digital asset landscape, announces the appointment of Amanda Cassatt to its Board of Directors, effective January 1, 2026. Cassatt, who is recognized for founding and leading Serotonin, brings a wealth of experience from her previous role as Chief Marketing Officer at ConsenSys, where she played a pivotal role in advancing Ethereum's infrastructure. Her background in digital assets and institutional adoption aligns seamlessly with Bit Digital’s strategic focus on Ethereum and artificial intelligence (AI) infrastructure, positioning the company for future growth.

Cassatt's enthusiasm for Bit Digital's mission reflects her commitment to making Ethereum and AI computing accessible to public markets. Her expertise is expected to enhance the company's strategic initiatives as it navigates the complex landscape of digital assets. CEO Sam Tabar emphasizes the importance of Cassatt’s experience in distinguishing between speculative investments and productive digital infrastructure—an increasingly critical consideration in today’s market. As Bit Digital continues to scale its Ethereum staking operations, which began in 2022, Cassatt's role will be instrumental in driving the company's ambitions to optimize yield and establish a robust institutional staking infrastructure.

The appointment of Cassatt is also a strategic move to strengthen Bit Digital's corporate governance and align its long-term growth strategy with evolving market demands. The company holds a majority equity stake in WhiteFiber (Nasdaq: WYFI), a leader in AI infrastructure, further enhancing its commitment to delivering secure and scalable access to on-chain yield through key partnerships in the Ethereum ecosystem. With her at the helm of strategic initiatives, Bit Digital is poised to solidify its position within the digital asset market, particularly as it focuses on the integration of Ethereum and AI technologies.

In addition to its leadership changes, Bit Digital is witnessing an increase in market dynamics as evidenced by a notable rise in short interest. The percentage of shares sold short has grown by 8.32%, indicating a growing bearish sentiment among investors. Current data reflects that 54.24 million shares, or 17.05% of total float, are sold short, hinting at heightened caution regarding the company's financial performance amidst a fluctuating market environment.

As Bit Digital enhances its strategic direction with the addition of Amanda Cassatt, the company remains committed to its mission of providing compliant and scalable access to on-chain yield, reinforcing its status in the digital asset space. Interested parties are encouraged to engage with the company through its LinkedIn or X social media channels for further updates.