Bit Digital, Inc. · NASDAQ:BTBT

Bit Digital — Investor Presentation (May 2022)

16 slides from Bit Digital's investor presentation, May 25, 2022

  1. Slide 1: Risk factors and safe harbor statement

    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 - F for the fiscal year end

  2. Slide 2: Our Mission

    Our Mission To build the largest American digital asset mining platform while setting the standard for sustainability 3

  3. Slide 3: Bit Digital Highlights

    Bit Digital Highlights Bit Digital Inc. (Nasdaq: BTBT) is a leading North American digital asset miner focused on sustainability Bit Digital is an institutional scale digital asset miner, with a fleet of 39,081 specialized computers, diversified across four states in the U.S. Bit Digital maximizes R

  4. Slide 4: Bit Digital has a strong track record in self-mined BTC

    Bit Digital has a strong track record in self - mined BTC Successfully completed full exit of miners from China in Q3 2021; current fleet is now 100% in North America 75 2 5 814 2,524 1,510 3,335 3,087 3,575 3,770 3,770 Bit Digital Note: As of 3/31/2022.

  5. Slide 5: 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 May 2021 Joined Foundry USA Pool April 2021 Announced 40MW hosting agreement wit

  6. Slide 6: 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

  7. Slide 7: 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 Order Delivery Purchase Delivery Purchase Delivery Purchase Delivery Direct from Manufacturer Spot Market Our miner procurement strategy is differentiated , allowing us to continue rapid sca

  8. Slide 8: Bit Digital is infrastructure-light, maximizing return to shareholders and operational resiliency

    Bit Digital is infrastructure - light, maximizing return to shareholders and operational resiliency Texas Georgia 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 operator

  9. Slide 9: 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 Leader in TIER 0 Œ data centers, focused on delivering the most sustainable, cost - effective computing pro

  10. Slide 10: Efficient hosting portfolio positioned for growth

    Efficient hosting portfolio positioned for growth Expansion power contracted Unit power consumption (S19j Pro) Fleet expansion capacity (S19j Pro) 78.2 MW 0.003 MW 26,077 Units Hash rate per unit (S19j Pro) 100 TH/S Implied fleet expansion 2.61 EH/S Current hash rate (pro forma) 2.67 EH/S Pro forma

  11. Slide 11: 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

  12. Slide 12: As of April 30, 2022 (pro forma)

    As of April 30, 2022 (pro forma) … * 38,350 bitcoin miners (2.67 EH/s) if all miners were deployed today and bitcoin’s price was $30,000… ** 1.2% of the global bitcoin hash rate = 11.2 BTC / day, or 336 BTC / month Projected revenue = $10.1 million / month, or $121.0 million / year Projected non - G

  13. Slide 13: Leadership Team

    14 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 Hea

  14. Slide 14: Leadership Team

    15 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 fro

  15. Slide 15: Contact

    16 33 Irving Place New York, NY 10003 United States +1 212 463 5121 IR@bit - digital.com 16

  16. Slide 16: BIT DIGITAL

    NASDAQ: BIBT BIT DIGITAL NASDAQ: BTBT 33 Irving Place New York, NY 10003 United States +1 212 463 5121 IR@bit-digital.com BIT DIGITAL ro

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