Bit Digital Inc (NASDAQ:BTBT) announced Monday it has appointed Daniel Kennedy as its new head of investor relations.
Kennedy, a former board member, advisor, and director at publicly listed digital asset, fintech, and AI infrastructure companies, brings experience across capital markets and institutional investor relations. He also has a background in digital assets, blockchain infrastructure, and AI/HPC markets.
Kennedy succeeds Cameron Schnier, who has held the role since 2022 and will move into a strategic advisor position at Bit Digital while continuing to lead investor relations for WhiteFiber (NASDAQ: WYFI).
"Daniel's capital markets experience and understanding of digital infrastructure come at an important time for Bit Digital," said CEO Sam Tabar. "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."
The appointment comes as Bit Digital expands its leadership team and advances its Ethereum and AI-focused initiatives. The company is among a small number of publicly traded firms with exposure to both Ethereum infrastructure and AI/HPC assets.
Shares of Bit Digital added 8% on the news.