Summary by Moomoo AI
Bit Digital, Inc., a foreign private issuer, has furnished an investor presentation as part of its Form 6-K report to the United States Securities and Exchange Commission for November 2024. During a conference call on November 18, 2024, the company corrected a previously reported figure, clarifying that the conversion of three term sheets signed the previous week into Master Service Agreements would bring the company approximately 80% towards its target annualized run rate of $100 million by year-end, not the 90% initially stated. This correction does not change the company's expectation to meet its targeted run rate. The investor presentation is available on Bit Digital's website and has been included as Exhibit 99.1 in the report.
