Bit Digital climbs on plans to expand mining operations
** Shares of U.S.-based bitcoin miner Bit Digital BTBT.N up 6.4% at $4.47 premarket
** Co plans to double its bitcoin mining operating fleet to about 6.0 ether per second in 2024
** Crypto miners are hooking up their powerful computers used to mine bitcoins as a recent recovery in bitcoin prices has improved their profit margins
** Last week, a Texas-based crypto miner Core Scientific said it expects to emerge from bankruptcy in mid-to-late January
** BTBT shares nearly doubled this quarter to close at a five-month high on Tuesday alongside other crypto stocks as bitcoin BTC=BTSP rallied
Reporting by Medha Singh
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