Bit Digital appoints Daniel Kennedy as head of investor relations

Bit Digital Inc. (NASDAQ: BTBT) announced the appointment of Daniel Kennedy as head of investor relations, according to a company statement.

Kennedy, described as a former board member, advisor, and director of publicly listed digital asset, fintech, and AI infrastructure companies, succeeds Cameron Schnier in the role. Schnier served as Bit Digital's head of investor relations since 2022 and will transition to a strategic advisor position at the company while continuing to lead investor relations for WhiteFiber (NASDAQ: WYFI).

The company stated that Kennedy brings experience in capital markets and investor relations, with expertise in digital assets, blockchain infrastructure, and AI/HPC markets. Bit Digital characterized his background as including experience translating complex industry developments into market communications.

"Daniel's capital markets experience and understanding of digital infrastructure come at an important time for Bit Digital," said Sam Tabar in the statement. "As we continue scaling our Ethereum strategies and AI-focused initiatives, his experience will support our efforts to communicate the Company's strategy, value, and long-term objectives to investors."

Kennedy commented that he considers it "an honor to join a team of visionaries dedicated to building the Ethereum strategy, rails, and AI infrastructure upon which the future of finance will rely."

Bit Digital describes itself as a Strategic Asset Company focused on Ethereum infrastructure and AI/HPC infrastructure through its majority ownership stake in WhiteFiber. The company purchases and stakes ETH to generate yield and participates in the Ethereum network.

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