Bit Digital, Inc. · NASDAQ:BTBT
Bit Digital — Investor Presentation (February 2022)
17 slides from Bit Digital's investor presentation, Feb 16, 2022
Slide 1: Investor Notice
NASDAQ: BTBT Investor Notice Investing 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 3.D of our most recent Annual Report on Form 20-
Slide 2: Bit Digital
BIT DIGITAL | [ouay2n NASDAQ: BTBT Bit Digital is an American sustainability-focused generator of digital assets
Slide 3: Safe Harbor Statement
NASDAQ: BTBT Safe Harbor Statement This material is an introduction to the project. It only provides basic information about the project. It does not constitute an offer or invitation to buy, issue or sell any securities or related rights, nor does it constitute investment advice. Investors should c
Slide 4: Our Mission
NASDAQ: BIBT Ou r To build the largest American digital asset mining platform while setting the standard for sustainability Mission . BIT DIGITAL i
Slide 5: Bit Digital Highlights
NASDAQ: BIBT Bit Digital Highlights - Bit Digital Inc. (Nasdaq: BTBT) is a leading North American bitcoin miner focused on sustainability langesae Bit Digitalis an institutional scale digital asset miner, with a fleet of 9 nearly 40,000 specialized computers, diversified across 5 states / Operations
Slide 6: Bit Digital remains the leader in self-mined BTC
NASDAQ: Bit Digital remains the leader in self-mined BTC ‘Successfully completed full exit of miners from China to North America in Q3 2021; current fleet is now 2,457 100% in North America 2,098 1,480 2 = 2 Qt 2020 Q2 2020 Q3 2020 Q4 2020 Qt 2021: Q2 2021 32021 Bit Core Riot Marathon Argo Digital S
Slide 7: How We Got Here
NASDAQ: BTBT How We Got Here 2 2021 was a year of industry leadership and growth February 2020 ‘April 2021 May 2021 June 2021 October 2021 October 2021 conaecad ‘Announced Joined Foundry Announced ‘Announced Signed purchase Bitcoin Mining 40MW hosting USA Pool 20MWhosting closing of $80 agreement fo
Slide 8: Leading the Americanization of Bitcoin Mining
NASDAQ: BTBT Leading the Americanization of Bitcoin Mining Bitcoin mining is an industry with increasing barriers to entry + Mining requires application-specific integrated circuits (“ASICs”) — advanced computers customized for bitcoin mining The supply of ASICs is severely constrained. Procurement
Slide 9: Strategic Procurement Advantage
Strategic Procurement Advantage Our miner procurement strategy is differentiated, allowing us to continue rapid scaling despite endemic industry supply Constraints. (es..chip shortages) Purchase Delivery mi --~ Purchase Delivery Spot Market: = --« NASDAQ: BIBT > Through our deep proprietary network,
Slide 10: Bit Digital is infrastructure-light, maximizing return to shareholders
Bit Digital is infrastructure- light, maximizing return to shareholders and operational resiliency o © Capital investment focused primarily on ASICs (mining computers), not physical infrastructure (data centers and power generation) Giving us negotiating power to ensure lowest possible operational/e
Slide 11: Part of the US ecosystem for digital assets
NASDAQ: Part of the US ecosystem for digital assets | We are part of the US digital asset innovation ecosystem f fe USA-based mining pool structured for stable payouts to miners, while OQUNIMGPFY seting new standards of protessionalism, trust and transparency Leader in TIER 0™ data centers, focused
Slide 12: Efficient hosting portfolio positioned for growth
NASDAQ: BIBT Efficient hosting portfolio positioned for growth With over 200MW of contracted hosting power, we are positioned for strong fleet growth in 2022 Expected Hosting Roll-out Schedule Runway to 5.4 EH/s W, Expansion capacity 205 MW Hl Current fleet and Y Expansion power contracted 83.6 MW a
Slide 13: ESG: We are a leader in digital asset sustainability
NASDAQ: BTBT ESG: We are a leader in digital asset sustainability We have a strategic focus on sustainability. With the majority of our operations running on carbon-free energy, we aggressively seek to fully decarbonize and encourage the industry to follow Inspired by the Paris Climate Agreement, th
Slide 14: Strong bitcoin and cash flow generation profile
NASDAQ: BTBT Strong bitcoin and cash flow generation profile As of September 30, 2021 (pro forma) ... * 37,744 miners (2.6 EH/s) if all miners were deployed today and bitcoin’s price was $40,000... ** 1.3% of the global bitcoin hash rate = 12.3 BTC / day, or 367.7 BTC / month Projected revenue = $14
Slide 15: Leadership Team
Leadership Team BIT DIGITAL BRYAN BULLETT Chief Executive Officer Mr. Bullett has over 20 years’ experience spanning financial services and technology. Since early 2020, he served as Managing Director for a boutique investment bank focused ‘on FinTech and venture capital. From 2016 to 2019, he was U
Slide 16: Leadership Team
Leadership Team 9 BIT DIGITAL ERKE HUANG Chief Financial Officer & Director Mr. Huang had served as Co-Founder and advisor of Long Soar Technology Limited from August 2019 to October 2020; Founder and CEO of Bitotem Investment Limited from May 2018 to October 2019; Investment Manager of Guojin Capit
Slide 17: Bit Digital contact details
NASDAQ: BIBT BIT DIGITAL NASDAQ: BTBT 33 Irving Place New York, NY 10003 United States +1 212931 5111 IR@bit-digital.com BIT DIGITAL ro