Slide 1: A Strategic Asset Company for productive digital infrastructure
A Strategic Asset Company for productive digital infrastructure Investor Presentation | September 2026 www.bit-digital.com | @BitDigital_BTBT 1
Slide 2: Investor Notice
Investor Notice Investing in our securities involves risks worth considering before making an investment decision. All current and potential investors are advised to regularly review the risks, uncertainties and forward-looking statements described under “Risk Factors” in Item 1A of our Annual Repor
Slide 3: Strategic Asset Company Snapshot
Strategic Asset Company Snapshot All data as of July 31, 2026 Total ETH Held Total ETH Value WYFI Shares Owned 164,842.2 ~$306.7M ~27.0M ETH/lsETH USD $WYFI Shares Total ETH Staked Total WYFI Value 74,174 $640.9M ETH/lsETH USD AVG ETH BTBT + WYFI Delayed ETH Staking Yield % Acquisition Price Draw Te
Slide 4: Bit Digital Growth Journey
Bit Digital Growth Journey 2025 | Strategic Positioning 2020-2021 | Foundations 2024 | AI Expansion ● Converted Bitcoin to 100% ● Bitcoin Mining & commodity Ethereum treasury + staking. compute ● Launched cloud services ● BTC mining sunsetting (~1 EH/s) ● Began converting BTC to ETH ● Built early AI
Slide 5: What differentiates a Strategic Asset Company?
What differentiates a Strategic Asset Company? Bit Digital’s Focus - Economic infrastructure: Ethereum Strategy & Operations SAC DAT ETF - AI infrastructure: AI compute (WhiteFiber) Deploys capital into productive - Treasury yield + durable value generation ✔ X X economic & AI infrastructure - Strat
Slide 6: Our Strategic Assets
Our Strategic Assets We focus on owning productive infrastructure that generates yield, usage, participation, and building operating capabilities around those assets as they compound over time. Economic Infrastructure AI Infrastructure Operates Ethereum infrastructure Majority equity ownership in AI
Slide 7: ETH as Economic Infrastructure
ETH as Economic Infrastructure Unique Technical Value: Primary DeFi platform; secures the network. Staking Generates Passive Value: 3.2% APY staking rewards as of July 31, 2026.(1) Most Active Developer Ecosystem: Leading platform for blockchain developers.(2) Second Largest Digital Asset: ~$228B Ma
Slide 8: Ethereum Infrastructure & Partners
Ethereum Infrastructure & Partners Existing Native Staking Relationships ✓ Institutional-grade validator infrastructure already operational ✓ Exclusively stake Bit Digital owned ETH Custodial Partnerships ✓ Enterprise custody integrations with tier-1 providers ✓ Multiple layers of security with vali
Slide 9: The Ethereum Flywheel
The Ethereum Flywheel 1 Raise Capital 6 Equity, debt levers Premium to NAV Lower capital cost(1) 5 2 Compound Value Acquire ETH ETH yield + compute Opportunistic buying 3 Stake for Yield 4 Native + Liquid Fund Productive Operating Assets WhiteFiber compute 9 1. Bit Digital currently trades at a ~41%
Slide 10: WYFI ETH-Backed Loan Facility: Structure & Value Creation
WYFI ETH-Backed Loan Facility: Structure & Value Creation Deploying ETH to finance real-world growth with higher returns and equity upside ETH COLLATERAL BTBT extends a Galaxy finances ETH-Backed 9.5% Credit Facility to Bit digital DELAYED-DRAW TERM LOAN Capital deployed to 4 ETH posted 1 accelerate
Slide 11: AI Infrastructure: Overview
AI Infrastructure: Overview ~11 MW Online in 2025 Iceland(1) ~70 MW Online by end of 2026 MTL-1 4.0 MW ~1.5 GW Pipeline (3) ~7,500 NVIDIA GPUs Contracted MTL-2 5.0 MW(2) 20+ Customers (4) MTL-3 Integrated AI Infrastructure Platform 7.0 MW NC-1(5 )99.0 MW Footprint Pipeline(3) Source: Company informa
Slide 12: Growth Journey
Growth Journey WhiteFiber has scaled from GPU cloud into an integrated AI infrastructure platform across data centers, cloud services and long-duration customer deployments. Jan 2024 Feb 2025 Aug 2025 Dec 2025 Aug 2026 Cloud services WhiteFiber brand WhiteFiber IPO Nscale anchor NC-1 active customer
Slide 13: Key Investment Takeaways
Key Investment Takeaways A contracted AI infrastructure platform with near-term execution, capital-efficient growth and expansion upside. 1 Contracted Flagship Asset: Anchored by a 10-year, 40 MW IT load agreement with Nscale, with expansion potential beyond the initial deployment. Visible Near-Term
Slide 14: mNAV vs BTBT Share Price
mNAV vs BTBT Share Price Illustrative as of July 31, 2026 BTBT Shares Outstanding Asset Holdings Market Price Value ($M) 360.6M Ethereum 164,842 $1,860.35 $306.7 WhiteFiber (WYFI) mNAV per Share 27,043,750 $23.70 $640.9 Stake (~60% Stake) $2.21 BTBT + WYFI $150,000,000 ($150.0) BTBT Share Price Conv
Slide 15: Our Experienced Team
Our Experienced Team Select Experience Erke Huang Chief Financial Sam Tabar Officer & Director Long Soar Technology Chief Executive Limited Officer Select Experience Select Experience Brock Pierce Board Member ▪ Founded in 2017; acquired by Consensys 2020 Select Experience ▪ Sam Tabar was Co-Founder
Slide 16: 31 Hudson Yards, Floor 11 New York, NY 10001 United States
Investor Presentation | September 2026 31 Hudson Yards, Floor 11 New York, NY 10001 United States +1 212 463 5121 IR@bit-digital.com www.bit-digital.com | @BitDigital_BTBT 16