Company: BTBT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076608
Chunk: 74

Company: Bit Digital, Inc
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 74
---
 forward-looing 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 forward-looking statements described under “Risk Factors” in Item 1A of our Annual Report on Form 10-K for the year ended
December 31, 2024 (Annual Report) and any subsequently filed quarterly reports on Form 10-Q and any Current Reports on Form 8-K. Investors
should not place undue reliance on these forward-looking statements, which speak only as of the date of this report.

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.
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 of all of your investment. Additional risks not presently know 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
indicate of future performance, and historical trends should not be used to anticipate results in the future. 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.

42

Item 2. Management’s Discussion and Analysis
of Financial Condition and Results of Operations.

The following discussion should be read in conjunction
with our interim Condensed Consolidated Financial Statements and the related notes and other financial information appearing elsewhere
in this Quarterly Report on Form 10-Q for the period ended June 30, 2025 as well as Management’s Discussion and Analysis of Financial
Condition and Results of Operations included in our Form 10-K for the year ended December 31, 2024 (“Form 10-K”).

Overview

Bit Digital, Inc. or the “Company”,
is a global platform for high performance computing (“HPC”) business including cloud services and HPC data center services
and digital asset business, including Etherum (ETH) staking business, with headquarters in New