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Bit Digital, Inc. Announces Adjournment of Annual General Meeting Until October 2, 2024

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Bit Digital, Inc. (Nasdaq: BTBT), a New York-based sustainable platform for digital assets and AI infrastructure, has adjourned its 2024 Annual Meeting of Shareholders until October 2nd, 2024, at 9AM ET. The initial meeting, held on September 25, 2024, at 9AM ET, failed to meet quorum requirements, resulting in a one-week adjournment. The company is urging shareholders to vote on the proposals presented at the meeting.

Bit Digital, Inc. (Nasdaq: BTBT), una piattaforma sostenibile per asset digitali e infrastruttura AI con sede a New York, ha rinviato la sua Assemblea Annuale degli Azionisti 2024 al 2 ottobre 2024, alle 9:00 ET. La riunione iniziale, svoltasi il 25 settembre 2024, alle 9:00 ET, non ha raggiunto i requisiti di quorum, portando a un rinvio di una settimana. L'azienda esorta gli azionisti a votare sulle proposte presentate durante la riunione.

Bit Digital, Inc. (Nasdaq: BTBT), una plataforma sostenible para activos digitales e infraestructura de IA con sede en Nueva York, ha aplazado su Junta Anual de Accionistas de 2024 hasta el 2 de octubre de 2024, a las 9:00 a.m. ET. La reunión inicial, celebrada el 25 de septiembre de 2024, a las 9:00 a.m. ET, no cumplió con los requisitos de quórum, lo que resultó en un aplazamiento de una semana. La compañía está instando a los accionistas a votar sobre las propuestas presentadas en la reunión.

Bit Digital, Inc. (Nasdaq: BTBT)는 뉴욕에 본사를 둔 지속 가능한 디지털 자산 및 AI 인프라 플랫폼이며, 2024년 연례 주주 총회를 2024년 10월 2일 오전 9시 ET로 연기했습니다. 처음 열린 회의는 2024년 9월 25일 오전 9시 ET에 열렸으나 정족수 요구를 충족하지 못했습니다, 이로 인해 일주일 간 연기되었습니다. 회사는 주주들에게 회의에서 발표된 제안에 투표할 것을 촉구하고 있습니다.

Bit Digital, Inc. (Nasdaq: BTBT), une plateforme durable pour les actifs numériques et l'infrastructure AI basée à New York, a reporté sa réunion annuelle des actionnaires 2024 au 2 octobre 2024 à 9h ET. La réunion initiale, qui a eu lieu le 25 septembre 2024 à 9h ET, n'a pas atteint le quorum requis, ce qui a entraîné un report d'une semaine. L'entreprise encourage les actionnaires à voter sur les propositions présentées lors de la réunion.

Bit Digital, Inc. (Nasdaq: BTBT), eine in New York ansässige nachhaltige Plattform für digitale Vermögenswerte und KI-Infrastruktur, hat die Jahreshauptversammlung 2024 bis zum 2. Oktober 2024 um 9 Uhr ET verschoben. Die ursprünglich am 25. September 2024 um 9 Uhr ET angesetzte Sitzung erreichte nicht die erforderliche Quoren, was zu einer einwöchigen Vertagung führte. Das Unternehmen fordert die Aktionäre auf, über die bei der Sitzung vorgestellten Vorschläge abzustimmen.

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NEW YORK, Sept. 25, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure headquartered in New York, announced today that the Company has adjourned its 2024 Annual Meeting of Shareholders until October 2nd, 2024, at 9AM ET. The initial Annual Meeting occurred on September 25, 2024, at 9AM ET and did not meet quorate and thus was adjourned for one week. We encourage Bit Digital shareholders to vote on the proposals.

About Bit Digital

Bit Digital, Inc. is a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure headquartered in New York City. Our bitcoin mining operations are located in the US, Canada, and Iceland. The Company has established a business line, Bit Digital AI, that offers infrastructure services for artificial intelligence applications. For additional information, please contact ir@bit-digital.com or visit our website at www.bit-digital.com.

Investor Notice

Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under "Risk Factors" in Item 3.D of our most recent Annual Report on Form 20-F for the fiscal year ended December 31, 2023. If any material risk was to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. Future changes in the network-wide mining difficulty rate or bitcoin hash rate may also materially affect the future performance of Bit Digital's production of bitcoin. Actual operating results will vary depending on many factors including network difficulty rate, total hash rate of the network, the operations of our facilities, the status of our miners, and other factors.

Safe Harbor Statement

This press release may contain certain "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-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," or similar expressions, involving known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

 

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SOURCE Bit Digital, Inc.

FAQ

When is Bit Digital's (BTBT) rescheduled 2024 Annual Meeting of Shareholders?

Bit Digital's (BTBT) rescheduled 2024 Annual Meeting of Shareholders is set for October 2nd, 2024, at 9AM ET.

Why was Bit Digital's (BTBT) 2024 Annual Meeting of Shareholders adjourned?

Bit Digital's (BTBT) 2024 Annual Meeting of Shareholders was adjourned because the initial meeting on September 25, 2024, failed to meet quorum requirements.

What is Bit Digital (BTBT) encouraging shareholders to do following the meeting adjournment?

Bit Digital (BTBT) is encouraging shareholders to vote on the proposals presented at the Annual Meeting of Shareholders.

How long was Bit Digital's (BTBT) 2024 Annual Meeting of Shareholders adjourned for?

Bit Digital's (BTBT) 2024 Annual Meeting of Shareholders was adjourned for one week, from September 25, 2024, to October 2, 2024.

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