Home Bitcoin News China’s Bitcoin Mining Disruption Offers Bit Digital A Growth Opportunity

China’s Bitcoin Mining Disruption Offers Bit Digital A Growth Opportunity

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“We welcomed being invited to Sequire’s occasion that includes Bit Digital and different main Blockchain firms,” says Sam Tabar, Chief Technique Officer on the Firm, “The convention supplied our CEO an amazing venue for Bit Digital to share its positioning and our particular alternative associated to China.”

About Bit Digital

Bit Digital, Inc. is a bitcoin mining firm headquartered in New York Metropolis with one of many largest currently-owned fleets amongst US listed bitcoin miners. Our operations are in america and Canada. For extra data, please contact Samir Tabar at [email protected] or go to our  www.bit-digital.com.

Investor Discover 

Investing in our securities entails a excessive diploma of threat. Earlier than investing determination, you must fastidiously think about the dangers, uncertainties and forward-looking statements described underneath “Threat Elements” in Merchandise 3.D of our most up-to-date Annual Report on Type 20-F for the fiscal 12 months ended December 31, 2020. If any materials threat was to happen, our enterprise, monetary situation or outcomes of operations would doubtless endure. In that occasion, the worth of our securities may decline and you can lose half or all your funding. The dangers and uncertainties we describe usually are not the one ones dealing with us. Extra dangers not presently recognized to us or that we at the moment deem immaterial can also impair our enterprise operations. As well as, our previous monetary efficiency is probably not a dependable indicator of future efficiency, and historic developments shouldn’t be used to anticipate outcomes sooner or later. Future adjustments within the network-wide mining issue charge or Bitcoin hash charge, in addition to different elements past our management, can also materially have an effect on the longer term efficiency of Bit Digital’s manufacturing of bitcoin. Moreover, all discussions of monetary metrics assume mining issue charges as of July 2021. See “Protected Harbor Assertion” under.

Protected Harbor Assertion

This press launch might comprise sure “forward-looking statements” referring to the enterprise of Bit Digital, Inc., and its subsidiary firms. All statements, apart from statements of historic reality included herein are “forward-looking statements.” These forward-looking statements are sometimes recognized by way of forward-looking terminology resembling “believes,” “expects,” or related expressions, involving recognized and unknown dangers and uncertainties. Though the corporate believes that the expectations mirrored in these forward-looking statements are affordable, they do contain assumptions, dangers and uncertainties, and these expectations might show to be incorrect. Traders shouldn’t place undue reliance on these forward-looking statements, which communicate solely as of the date of this press launch. The corporate’s precise outcomes may differ materially from these anticipated in these forward-looking statements on account of quite a lot of elements, together with these mentioned within the firm’s periodic experiences which can be filed with the Securities and Trade Fee and out there on its web site at http://www.sec.gov. All forward-looking statements attributable to the corporate or individuals appearing on its behalf are expressly certified of their entirety by these elements. Aside from as required underneath the securities legal guidelines, the corporate doesn’t assume an obligation to replace these forward-looking statements.

[1] Precise working hash charge will fluctuate relying on community issue charge, whole hash charge of the community, the operations of our services and the standing of our miners. 

SOURCE Bit Digital, Inc.

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