China’s Bitcoin Mining Disruption Gives Little bit Electronic A Expansion Prospect
NEW YORK, July 22, 2021 /PRNewswire/ — Little bit Digital, Inc. (Nasdaq: BTBT) (“Little bit Digital” or the “Business”), a bitcoin mining business headquartered in New York and a single of the most significant at the moment-owned fleets amongst US outlined bitcoin miners, offered highlights from its second quarter functions at Sequire’s Blockchain Conference July 15th.
Little bit Digital’s CEO Bryan Bullett produced the presentation with the entire transcript discovered in Bit Digital’s Sort 6-K filed on July 15th identified right here: https://www.sec.gov/Archives/edgar/knowledge/1710350/000121390021036962/ea144234ex99-1_bitdigital.htm
“We welcomed becoming invited to Sequire’s occasion that includes Little bit Digital and other major Blockchain providers,” says Sam Tabar, Chief Tactic Officer at the Organization, “The conference supplied our CEO a wonderful venue for Bit Digital to share its positioning and our special prospect relevant to China.”
About Little bit Digital
Bit Digital, Inc. is a bitcoin mining corporation headquartered in New York City with a single of the greatest now-owned fleets amongst US listed bitcoin miners. Our operations are in the United States and Canada. For further facts, make sure you get hold of Samir Tabar at sam@little bit-electronic.com or visit our www.bit-digital.com.
Investor Recognize
Investing in our securities entails a substantial degree of danger. Ahead of producing an financial investment selection, you really should thoroughly think about the dangers, uncertainties and ahead-looking statements described under “Chance Elements” in Merchandise 3.D of our most the latest Annual Report on Type 20-F for the fiscal 12 months ended December 31, 2020. If any substance danger was to happen, our organization, money situation or results of operations would probably go through. In that occasion, the price of our securities could decline and you could drop component or all of your expenditure. The threats and uncertainties we explain are not the only types experiencing us. Added risks not presently acknowledged to us or that we at present deem immaterial may well also impair our organization functions. In addition, our earlier economic general performance might not be a dependable indicator of long term general performance, and historic tendencies ought to not be used to foresee results in the upcoming. Foreseeable future changes in the community-wide mining difficulty amount or Bitcoin hash price, as perfectly as other factors further than our control, could also materially have an affect on the upcoming efficiency of Little bit Digital’s production of bitcoin. Moreover, all conversations of money metrics believe mining problems rates as of July 2021. See “Safe Harbor Statement” underneath.
Secure Harbor Statement
This push launch might include specified “ahead-seeking statements” relating to the company of Bit Digital, Inc., and its subsidiary businesses. All statements, other than statements of historical point included herein are “forward-searching statements.” These forward-wanting statements are normally discovered by the use of forward-looking terminology these as “believes,” “expects,” or equivalent expressions, involving regarded and unknown challenges and uncertainties. Though the company thinks that the anticipations mirrored in these ahead-searching statements are reasonable, they do include assumptions, threats and uncertainties, and these expectations may possibly prove to be incorrect. Traders ought to not spot undue reliance on these forward-wanting statements, which converse only as of the day of this push release. The company’s precise final results could differ materially from individuals expected in these forward-searching statements as a outcome of a variety of variables, together with individuals reviewed in the firm’s periodic reports that are filed with the Securities and Trade Commission and accessible on its website at http://www.sec.gov. All ahead-looking statements attributable to the organization or individuals acting on its behalf are expressly capable in their entirety by these things. Other than as required less than the securities laws, the enterprise does not suppose a obligation to update these ahead-seeking statements.
[1] Real operating hash price will change depending on network problem charge, total hash level of the community, the operations of our services and the status of our miners.
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Source Bit Digital, Inc.