Bit Digital' 2021 Bitcoin mining revenue surged 355% Y/Y

Bit Digital's (NASDAQ:BTBT) Bitcoin (BTC-USD) mining revenue in 2021 jumped 355% Y/Y as the company's entire mining operation relocated to North America from China. Furthermore, "as of March 15, 2022, we had deployed approximately 39% of our fleet here in the U.S.," the company said. "We and our hosting partners remain focused on completing 100% redeployment, which we target for the second half of 2022." Bitcoin (BTC-USD) mining revenue of $96.1M in 2021 soared from $21.1M in 2020. Non-GAAP income from operations of $48.1M in 2021 drifted from just $4.9M in 2020. Adjusted 2021 EPS of $0.96 vs. $0.06 in the previous year. Its treasury holdings were 802.23 Bitcoins (BTC-USD) in 2021 compared with 262.62 Bitcoins as of Dec. 31, 2020. The company owned 27,744 Bitcoin (BTC-USD) miners with an estimated maximum total hash rate of 1.6 exahash per second, and 731 Ethereum (ETH-USD) miners with a total hash rate of 0.3