Company: BTBT
Filing Date: 2025-10-31
Form Type: 8-K
Source: 0001213900-25-104749
Chunk: 0

Company: Bit Digital, Inc
Filing Date: 2025-10-31
Form: 8-K
Item: Item 2.02
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Item 2.02

Results of Operations and Financial Condition.

On October 31, 2025, Bit Digital,
Inc. (the “ Company”) announced preliminary estimated revenue and cost of revenue (exclusive of depreciation) for the three
months ended September 30, 2025 and cash and cash equivalents as of September 30, 2025. Based upon preliminary estimated financial results,
the Company expects preliminary unaudited revenue and cost of revenue (exclusive of depreciation) for the three months ended September
30, 2025 will be approximately $28.9 million to $32.0 million, and $11.5 million to $12.7 million, respectively and cash and cash equivalents
as of September 30, 2025 will be approximately $173.7 million to $184.5 million.

The unaudited revenue and
cost of revenue (exclusive of depreciation) for the three months ended September 30, 2025 and cash and cash equivalents as of September
30, 2025 reflects the Company’s preliminary estimates with respect to such results based on currently available information and
is subject to completion of its financial closing procedures. The Company’s financial closing procedures for the three months ended
September 30, 2025 are not yet complete and, as a result, its actual results may vary from the estimated preliminary results presented
here.

The preliminary estimates
presented herein have been prepared by, and are the responsibility of, management. Audit Alliance LLP, our independent registered public
accounting firm, has not audited, reviewed, compiled, or performed any procedures with respect to the preliminary financial information.
Accordingly, Audit Alliance LLP does not express an opinion or any other form of assurance with respect thereto.

The information contained
in this Item 2.02 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange
Act of 1934, as amended (the “ Exchange Act”), or otherwise subject to the liabilities under that section, or incorporated
by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by
specific reference in such a filing.

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