Company: BTBT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076608
Chunk: 15

Company: Bit Digital, Inc
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 15
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WF Iceland”)   ● Incorporated on August 17, 2023          ● Engaged in cloud services                   WhiteFiber HPC, Inc. (f/k/a Bit Digital   ● A United States company   100% owned by WhiteFiber AI, Inc.(1)  HPC, Inc.) (“WF HPC”)   ●  Incorporated on June 27, 2024          ● Engaged in HPC business                   WhiteFiber, Inc. (f/k/a Celer, Inc.)   ● A United States company   100% owned by Bit Digital, Inc.(1)   (“WhiteFiber”)   ● Incorporated on August 15, 2024          ● Engaged in HPC business                   Enovum Data Centers Corp (“Enovum”)   ● A Canadian company   100% owned by WhiteFiber, Inc.(1)      ● Acquired on October 11, 2024          ● Engaged in HPC data center services                   WhiteFiber Canada, Inc. (“WF Canada”)   ● A Canadian company   100% owned by WhiteFiber AI, Inc.(1)      ● Incorporated on March 11, 2025          ● Engaged in cloud services                   Enovum NC-1 BIDCO, LLC   ● A United States company   100% owned by WhiteFiber, Inc.(1)  (“Enovum NC”)    ● Incorporated on May 7, 2025          ● Engaged in HPC data center services                   WhiteFiber Japan GK (“WF Japan”)   ● A Japanese company   100% owned by WhiteFiber AI, Inc.(1)      ● Incorporated on May 22, 2025          ● Engaged in cloud services     

(1)Ownership percentages reflected as of June 30, 2025. On August
8, 2025, WhiteFiber completed its initial public offering of its ordinary shares. Prior to the consummation of the initial public offering,
the Company entered into a contribution agreement (the “Contribution Agreement”) with WhiteFiber, pursuant to which the Company
contributed its HPC business through the transfer of 100% of the capital