Company: BTBT
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044155
Chunk: 11

Company: Bit Digital, Inc
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 1
Chunk 11
---
    ● Incorporated on April 17, 2023          ● Engaged in fund and investment management activities          ● Disposed on July 1, 2024                   Bit Digital Innovation Master Fund SPC Limited (“BT SPC”)   ● A British Virgin Islands company   100% owned by Bit Digital Strategies Limited.      ● Incorporated on May 31, 2023          ● A segregated portfolio company          ● Disposed on July 1, 2024                   WhiteFiber AI, Inc. (f/k/a Bit Digital AI, Inc.) (“WF AI”)   ● A United States company   100% owned by Bit Digital, Inc.      ● Incorporated on October 19, 2023          ● Engaged in cloud services    

5

 Name   Background   Ownership  WhiteFiber Iceland (f/k/a Bit Digital Iceland ehf) (“WF Iceland”)   ● An Icelandic company   100% owned by WhiteFiber AI, Inc      ● Incorporated on August 17, 2023          ● Engaged in cloud services                   WhiteFiber HPC, Inc. (f/k/a Bit Digital HPC, Inc.) (“WF HPC”)   ● A United States company   100% owned by WhiteFiber AI, Inc      ●  Incorporated on June 27, 2024          ● Engaged in HPC business                   WhiteFiber, Inc. (f/k/a Celer, Inc.) (“WhiteFiber”)   ● A United States company   100% owned by Bit Digital, Inc      ● Incorporated on August 15, 2024          ● Engaged in HPC business                   Enovum Data Centers Corp (“Enovum”)   ● A Canadian company   100% owned by WhiteFiber, Inc.      ● 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      ● Incorporated on March 11, 2025          ● Engaged in cloud services     

2. SUMMARY OF