Company: BTBT
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001013762-25-000307
Chunk: 2594

Company: Bit Digital, Inc
Filing Date: 2025-03-14
Form: 10-K
Item: Item 9C
Chunk 2594
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with our independent registered public accounting firm the scope and results of their audit;

●approving
all audit and permissible non-audit services to be performed by our independent registered public accounting firm;

●overseeing
the financial reporting process and discussing with management and our independent registered public accounting firm the interim and
annual financial statements that we file with the SEC;

●reviewing
and monitoring our accounting principles, accounting policies, financial and accounting controls, and compliance with legal and regulatory
requirements;

●coordinating
the oversight by our board of directors of our code of business conduct and our disclosure controls and procedures

●establishing
procedures for the confidential and/or anonymous submission of concerns regarding accounting, internal controls or auditing matters;
and

●reviewing
and approving related-party transactions.

Our Audit Committee is comprised of Ms. Ichi Shih,
serving as Chair of the Audit Committee and includes, as members, Brock Pierce, and Zhaohui Deng. Our board has affirmatively determined
that each of the members of the Audit Committee meets the definition of “independent director” for purposes of serving on
an Audit Committee under Rule 10A-3 of the Exchange Act and Nasdaq rules. In addition, our board has determined that Ms. Ichi Shih qualifies
as an “audit committee financial expert” as such term is currently defined in Item 407(d)(5) of Regulation S-K and meets the
financial sophistication requirements of the NYSE American rules.

Compensation Committee

The Compensation Committee
is responsible for, among other matters:

●reviewing
and approving, or recommending to the board of directors to approve the compensation of our CEO and other executive officers and directors;

●reviewing
key employee compensation goals, policies, plans and programs;

●administering
incentive and equity-based compensation;

●reviewing
and approving employment agreements and other similar arrangements between us and our executive officers; and

●appointing
and overseeing any compensation consultants or advisors.

Our Compensation Committee is comprised of Zhaohui
Deng, Ichi Shih and Brock Pierce, with Mr. Deng serving as chair of the Compensation Committee.

Nominating and Corporate Governance Committee

The Nominating Committee
is responsible for, among other matters:

●selecting
or recommending for selection candidates for directorships;

●evaluating
the independence of directors and director nominees;

109

●reviewing
and making recommendations regarding the structure and composition of our board and the board committees;

●