NEW YORK, May 8, 2025 — Bit Digital, Inc. (Nasdaq: BTBT) (“Bit Digital” or the “Company”), a global platform based in New York for high-performance computing (“HPC”) infrastructure and digital asset production, announced today that its financial results for the first quarter of 2025 will be released after market close on Thursday, May 15, 2025. On Friday, May 16, 2025, at 10:00 a.m. ET, senior management will host a live webcast and conference call to discuss the results.

To register for the earnings call, please click . Participants can also join the conference call by dialing 1-877-612-6725 (passcode: 151360).

Prior to the conference call, the Company will issue a press release detailing its First Quarter 2025 earnings. The press release will be available on the Bit Digital website at .

About Bit Digital
Bit Digital, Inc., headquartered in New York City, is a global platform focused on high-performance computing (“HPC”) infrastructure and digital asset production. The Company’s HPC business operates under the WhiteFiber Inc. (“WhiteFiber”) brand. The Company has operations in the US, Canada, and Iceland. For more information, please contact , visit our website at , or follow us on or .

Investor Notice
Investing in our securities carries significant risk. Before making an investment decision, you should carefully review the risks, uncertainties, and forward-looking statements outlined under “Risk Factors” in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2024 (Annual Report). Despite Bit Digital Inc. not conducting operations in the PRC since September 30, 2021, we have previously disclosed under Risk Factors in our Annual Report: “We may be subject to fines and penalties for any noncompliance with or any liabilities in our former business in China in a certain period from now on.” Although the statute of limitations for non-compliance by our former business in the PRC is generally two years and the Company has been out of the PRC, for more than two years, the Authority may still find its prior bitcoin mining operations involved a threat to financial security. In such event, the two-year period would be extended to five years. If any material risk was to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. Future changes in the network-wide mining difficulty rate or bitcoin hash rate may also materially affect the future performance of Bit Digital’s production of bitcoin. Actual operating results will vary depending on many factors including network difficulty rate, total hash rate of the network, the operations of our facilities, the status of our miners, and other factors. See “Safe Harbor Statement” below.

Safe Harbor Statement
This press release may contain “forward-looking statements” regarding the business of Bit Digital, Inc., and its subsidiaries. All statements that are not historical facts are considered “forward-looking statements.” These statements are often identified using terms like “believes,” “expects,” or similar expressions, which involve known and unknown risks and uncertainties. While the Company believes the expectations in these statements are reasonable, they involve assumptions, risks, and uncertainties, and may not be accurate. Investors should not rely excessively on these forward-looking statements, which are relevant only as of the date of this press release. The Company’s actual results could differ significantly from those anticipated in these statements due to various factors, including those discussed in the Company’s periodic reports filed with the Securities and Exchange Commission and available on its website at . All forward-looking statements attributable to the Company or those acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these statements unless required by securities laws.

 

SOURCE Bit Digital, Inc.

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