币界网报道：Bit Digital Inc., a Nasdaq-listed bitcoin mining company, has seen significant insider buying activity from its executives, signaling strong confidence in the firm's future. CEO Bryan Bullett purchased $1.1 million worth of shares on the open market, while CFO Erke Huang acquired $250,000 in stock. This comes as the company reports robust operational performance, with its bitcoin production increasing 156% year-over-year in Q1 2024 to 125.5 BTC. Bit Digital has been strategically expanding its mining capacity, recently securing 100 megawatts of additional hosting capacity in Iceland to support its growing operations. The company's stock has responded positively, rising approximately 15% since the insider purchases were disclosed. Industry analysts view this confluence of insider buying and operational growth as a bullish indicator, suggesting management's belief in both the company's prospects and the broader bitcoin market. Bit Digital continues to maintain a strong balance sheet with over $60 million in cash and bitcoin holdings as of March 2024.