Bit Digital Inc. has disclosed that it previously qualified as a foreign private issuer, but as of the last business day of the second quarter of 2024 (June 30, 2024), it determined it no longer met the qualifications. Starting January 1, 2025, Bit Digital Inc. is now required to file periodic reports and registration statements as a U.S. domestic issuer, which entails more detailed and prompt filings compared to those for a foreign private issuer.
Names mentioned: - Bit Digital, Inc. - Samir Tabar (Chief Executive Officer)