Business
Bit Digital, Inc. Announces Date for First Quarter 2025 Financial Results and Conference Call
NEW YORK, May 8, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing
About this update from Bit Digital, Inc.
[{"type":"text","content":"NEW YORK, May 8, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (\"Bit Digital\" or the \"Company\"), a global platform for high-performance computing (\"HPC\") infrastructure and digital asset production headquartered in New York, announced today that it will release its First Quarter 2025 results on Thursday, May 15, 2025, after the stock market closes. Senior management will host a live webcast and conference call to review results on Friday, May 16, 2025, at 10:00 a.m. ET.To register for the earnings call, please click here. Additionally, participants can join the conference call by dialing 1-877-612-6725 (passcode: 151360).The Company will issue a press release regarding First Quarter 2025 earnings prior to the conference call. The press release will be posted on the Bit Digital website at www.bit-digital.com. About Bit DigitalBit Digital, Inc. is a global platform for high-performance computing (\"HPC\") infrastructure and digital asset production headquartered in New York City. The Company's HPC business operates under the WhiteFiber Inc. (\"WhiteFiber\") brand. Our operations are located in the US, Canada, and Iceland. For additional information, please contact [email protected], visit our website at www.bit-digital.com, or follow us on LinkedIn or X.Investor NoticeInvesting in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under \"Risk Factors\" in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2024 (Annual Report). Notwithstanding the fact that Bit Digital Inc. has not conducted 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 con...