Bit Digital, Inc. · NASDAQ:BTBT
Bit Digital — Investor Presentation (December 2021)
16 slides from Bit Digital's investor presentation, Dec 8, 2021
Slide 1: Bit Digital is an American sustainability-focused generator of digital assets
1 1 December 2021 Bit Digital is an American sustainability - focused generator of digital assets
Slide 2: 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 carefully read this material and
Slide 3: Our Mission
Our Mis s ion To build the largest American digital asset mining platform while setting the standard for sustainability 3
Slide 4: Bit Digital Highlights
Bit Digital Highlights Bit Digital Inc. (Nasdaq: BTBT) is a leading North American bitcoin miner focused on sustainability Bit Digital is an institutional scale digital asset miner, with a fleet of nearly 40 , 000 specialized computers, diversified across 5 states / provinces in North America Bit Di
Slide 5: Bit Digital remains the leader in self-mined BTC
Bit Digital remains the leader in self - mined BTC 3 , 33 5 3 , 27 1 2 , 45 7 2 , 09 8 1 , 48 0 Marathon Ar g o Bit D i g i t a l Core S c ien t i f ic R i o t Note: As of 9/30/2021. Peer self - mined bitcoin data based on publicly available sources for selected companies. 814 3,087 3,335 2,524 Q1 2
Slide 6: How We Got Here
How We Got Here 2021 was a year of industry leadership and growth February 2020 Commenced Bitcoin Mining February 2021 Strengthened North American hosting, partnering with Compute North and Link Global Technologies 2021 M ay 2021 Joined Foundry USA Pool April 2021 Announced 40MW hosting a g reem e n
Slide 7: Leading the Americanization of Bitcoin Mining
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 requires both
Slide 8: Our strategy allows us to deploy capital with maximum efficiency and velocity
Our strategy allows us to deploy capital with maximum efficiency and velocity Strategic Procurement Advantage Or de r Delivery Purchase Delivery Purchase Delivery Purchase Delivery Direct from M a nu f ac t u r e r Spot Market Our miner procurement strategy is differentiated , allowing us to continu
Slide 9: Bit Digital is infrastructure-light, maximizing return to shareholders and operational resiliency
Bit Digital is infrastructure - light, maximizing return to shareholders and operational resiliency T exas G e o r g i a o Capital investment focused primarily on ASICs (mining computers), not physical infrastructure (data centers and power generation) We partner with best - in - class data center o
Slide 10: We are part of the US digital asset innovation ecosystem
We are part of the US digital asset innovation ecosystem USA - based mining pool structured for stable payouts to miners, while setting new standards of professionalism, trust and transparency Scalable, cost - competitive hosting solution in North America – specifically designed to power cryptocurre
Slide 11: Efficient hosting portfolio positioned for growth
Efficient hosting portfolio positioned for growth Expansion power contracted 83.6 MW Unit power consumption (S19j Pro) 0.003 MW Fleet expansion capacity (S19j Pro) 27,863 Units Hash rate per unit (S19j Pro) 100 TH/S Implied fleet expansion 2.8 EH/S Current hash rate (pro forma) 2.6 EH/S Pro forma ha
Slide 12: ESG: We are a leader in digital asset sustainability
ESG: We are a leader in digital asset sustainability Inspired by the Paris Climate Agreement, the CCA is a private sector - led initiative for the entire crypto community, focused on decarbonizing the cryptocurrency and blockchain industry. BMC is a voluntary and open forum of Bitcoin miners committ
Slide 13: As of September 30, 2021 (pro forma)
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 $50,000… ** 1.7% of the global bitcoin hash rate = 15.2 BTC / day, or 456.1 BTC / month Projected revenue = $22.8 million / month, or $273.6 million / year Projected non - GAAP
Slide 14: Leadership Team
1 4 Leadership Team 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 US He
Slide 15: Leadership Team
1 5 Leadership Team 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 Capital fr
Slide 16: Irving Place New York, NY 10003 United States +1 854 6357 IR@bit - digital.com
1 6 33 Irving Place New York, NY 10003 United States +1 917 854 6357 IR@bit - digital.com 1 6