Company: BTBT
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001013762-25-000307
Chunk: 2489

Company: Bit Digital, Inc
Filing Date: 2025-03-14
Form: 10-K
Item: Item 9A
Chunk 2489
---
NC’s China operation, one of the world’s first
large scale mining operations. He was also a seed investor in BitFury through Blockchain Capital. He also established the largest Bitcoin
mining operation in Washington State in the industry’s early days. Pierce has lectured at some of the nation’s most prestigious
institutions, the Milken Institute Global Conference, International World Congress, and has been featured by the New York Times, Wall
Street Journal and Fortune. Pierce was on the first-ever Forbes List for the “Richest People in Cryptocurrency” and was an
Independent Party candidate for President of the United States in 2020.

Term of Office

Our directors are appointed for a one-year term
to hold office until the next annual general meeting of our shareholders or until removed from office in accordance with our bylaws. Our
officers are appointed by our board of directors and hold office until removed by the board.

Family Relationships

There are no family relationships between or among
the directors, executive officers or persons nominated or chosen by us to become directors or executive officers.

107

Legal Proceedings

No officer, director, or persons nominated for
such positions, promoter or significant employee has been involved in the last ten years in any of the following:

●Any
bankruptcy petition filed by or against any business of which such person was a general partner or executive officer either at the time
of the bankruptcy or within two years prior to that time.

●Any
conviction in a criminal proceeding or being subject to a pending criminal proceeding (excluding traffic violations and other minor offenses).

●Being
subject to any order, judgment, or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction, permanently
or temporarily enjoining, barring, suspending or otherwise limiting his involvement in any type of business, securities or banking activities.

●Being
found by a court of competent jurisdiction (in a civil action), the Commission or the Commodity Futures Trading Commission to have violated
a federal or state securities or commodities law, and the judgment has not been reversed, suspended, or vacated.

●Having
any government agency, administrative agency, or administrative court impose an administrative finding, order, decree, or sanction against
them as a result of their involvement in any type of business, securities, or banking activity.

●Being
the subject of a pending administrative proceeding related to their involvement in any type of business, securities, or banking activity.

●Having
any administrative proceeding been threatened against you