NEW YORK,
July 27, 2021
/PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit
Digital" or the "Company"), a bitcoin mining company headquartered
in New York with one of the
largest currently-owned fleets among US listed bitcoin miners, was
selected to participate in a panel discussion with Marathon Digital
Holdings ("Marathon") at Sequire's Blockchain Conference on
July 15th.
Bit Digital CEO Bryan Bullett and
Marathon CEO Fred Thiel presented;
the full transcript is available here and the video recording is
available above. The panel was
moderated by Ibrahim AlHusseini, CEO
of FullCycle, a private equity investment company focused on the
deployment of climate-restoring technologies.
"There are not many US-listed miners with our scale, so I
enjoyed the opportunity to engage with a respected peer," commented
Bryan Bullett. "Fred and I had
an engaging discussion, that also highlighted some of Bit Digital's
strengths, particularly our leadership in sustainability. We'd like
to thank Ibrahim Alhusseini, a
leading figure in environmental stewardship, for moderating and for
posing thoughtful questions."
About Bit Digital
Bit Digital, Inc. is a bitcoin mining company headquartered in
New York City with one of the
largest currently-owned fleets among US listed bitcoin miners. Our
operations are in the United
States and Canada. For
additional information, please contact Samir Tabar at sam@bit-digital.com or visit
our website at www.bit-digital.com.
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-F for the fiscal year ended December 31, 2020. If any material risk was to
occur, our business, financial condition or results of operations
would likely suffer. In that event, the value of our securities
could decline and you could lose part or all of your investment.
The risks and uncertainties we describe are not the only ones
facing us. Additional risks not presently known to us or that we
currently deem immaterial may also impair our business operations.
In addition, our past financial performance may not be a reliable
indicator of future performance, and historical trends should not
be used to anticipate results in the future. Future changes in the
network-wide mining difficulty rate or Bitcoin hash rate, as well
as other factors beyond our control, may also materially affect the
future performance of Bit Digital's production of bitcoin.
Additionally, all discussions of financial metrics assume mining
difficulty rates as of July 2021. See
"Safe Harbor Statement" below.
Safe Harbor Statement
This press release may contain certain "forward-looking
statements" relating to the business of Bit Digital, Inc., and its
subsidiary companies. All statements, other than statements of
historical fact included herein are "forward-looking statements."
These forward-looking statements are often identified by the use of
forward-looking terminology such as "believes," "expects," or
similar expressions, involving known and unknown risks and
uncertainties. Although the company believes that the expectations
reflected in these forward-looking statements are reasonable, they
do involve assumptions, risks and uncertainties, and these
expectations may prove to be incorrect. Investors should not place
undue reliance on these forward-looking statements, which speak
only as of the date of this press release. The company's actual
results could differ materially from those anticipated in these
forward-looking statements as a result of a variety of factors,
including those discussed in the company's periodic reports that
are filed with the Securities and Exchange Commission and available
on its website at http://www.sec.gov. All forward-looking
statements attributable to the company or persons acting on its
behalf are expressly qualified in their entirety by these factors.
Other than as required under the securities laws, the company does
not assume a duty to update these forward-looking statements.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/fireside-chat-between-bit-digital-and-marathon-digital-holdings-301341806.html
SOURCE Bit Digital, Inc.