Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York, today announced its unaudited financial results for the first quarter ended March 31, 2022. Among the highlights, the company reported $8.0 million in bitcoin mining revenue and $0.5 million in ethereum mining for the first quarter of 2022. Management commentary reads as follows: “The first quarter of 2022 marked the first full quarter in which 100% of our mining fleet was on North American soil. With migration complete, our focus remains deploying our fleet while remaining a leader in sustainability. We’re proud of our progress and especially our team’s rapid response to recent operational challenges.”

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About Bit Digital Inc.

Bit Digital is a digital assets mining company headquartered in New York City. Its mining operations are located in North America. For additional information, please contact IR@bit-digital.com or visit our website at www.Bit-Digital.com.

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