Company: BTBT
Filing Date: 2025-09-29
Form Type: 8-K
Source: 0001213900-25-093092
Chunk: 1

Company: Bit Digital, Inc
Filing Date: 2025-09-29
Form: 8-K
Item: Item 8.01
Chunk 1
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Item 8.01 Other Events.

On September 17, 2025, WhiteFiber,
Inc. (“ WhiteFiber”), the Company’s high performance computing (“ HPC”) subsidiary, in its Form 10-Q for the
quarter ended June 30, 2025, announced that WhiteFiber intends to complete its Tier-3 data center expansion project near Montreal, Canada
(referred to as MTL-2) in the first half of 2026 as it prioritizes other builds and preserves capital for more time-sensitive projects,
its data center site in Saint-Jerome, Quebec, a suburb of Montreal (referred to as MTL-3) in the fourth quarter of 2025, and the first
24 MW (gross) of its industrial/manufacturing building together with the underlying land located in Madison, North Carolina (referred
to as NC-1) in the first quarter of 2026. While NC-1 is expected to be completed in the first quarter of 2026, WhiteFiber management expects
it will start generating revenue in May of 2026.

In addition, the Company is
filing certain updated risk factor disclosure applicable to WhiteFiber for the purpose of supplementing and updating disclosures contained
in the Company’s prior public filings, including those discussed under the heading “ Item 1A. Risk Factors” in the Company’s
Annual Report on Form 10-K for the year ended December 31, 2024, filed with the Securities and Exchange Commission on March 14, 2025.
The supplemental updated risk factors are filed herewith as Exhibit 99.1 and are incorporated in this Item 8.01 by reference.

Forward-Looking Statements

This Current Report on Form
8-K (this “ Current Report”) contains “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,” “intends,”
“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. Investing in our securities involves a high degree of risk. Before making an investment
decision, you should carefully consider the risks, uncertainties and