Company: BTBT
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001013762-25-000307
Chunk: 623

Company: Bit Digital, Inc
Filing Date: 2025-03-14
Form: 10-K
Item: Item 1A
Chunk 623
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ows from Investing Activities: 

    Purchases of and deposits made for property, plant and equipment 
     (94,002,806) 
     (66,659,602) 
     (19,333,310)
  
    Proceeds from sales of property and equipment 
     -  
     -  
     1,081,075 
  
    Proceeds from disposal of long-term investment 
     -  
     89,519  
     1,706,665 
  
    Cash paid for acquisition of subsidiary, net of cash acquired 
     (38,968,007) 
     -  
     - 
  
    Investment in equity securities 
     (16,000,000) 
     (2,188,981) 
     (2,000,000)
  
    Investment in SAFE 
     (1,000,000) 
     -  
     - 
  
    Proceeds received from disposal of subsidiaries 
     176,000  
     -  
     - 
  
    Loss of cash in connection with divestiture of a subsidiary 
     -  
     -  
     (59,695)
  
    Proceeds from disposal of property, plant and equipment 
     772,393  
     -  
     - 
  
    Loan made to third parties 
     -  
     (400,000) 
     - 
  
    Net Cash Used in Investing Activities 
     (149,022,420) 
     (69,159,064) 
     (18,605,265)

    Cash Flows from Financing Activities: 

    Proceeds from issuance of ordinary shares under private placement, net of issuance costs 
     -  
     45,250,801  
     21,010,000 
  
    Payment of liquidated damages related to private placement transactions 
     -  
     -  
     (2,219,355)
  
    Net proceeds from issuance of common stock/At-the-market offering 
     242,857,873  
     8,569,999  
     - 
  
    Cash received from stock option exercise by employee 
     -  
     2,550  
     - 
  
    Withholding of common shares to pay employee withholding taxes