SHAREHOLDER Action REMINDER: The Schall Legislation Organization Announces the Submitting of a Course Motion Lawsuit Against Bit Electronic, Inc. and Encourages Traders with Losses in Excess of $100,000 to Get in touch with the Business

LOS ANGELES–(Business WIRE)–The Schall Legislation Agency, a countrywide shareholder legal rights litigation agency, announces the filing of a course motion lawsuit from Bit Digital, Inc. (“Bit Digital” or “the Company”) (NASDAQ: BTBT) for violations of §§10(b) and 20(a) of the Securities Trade Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Trade Commission.

Buyers who procured the Company’s securities among December 21, 2020 and January 8, 2021, inclusive (the ”Class Period”), are encouraged to get in touch with the company right before March 22, 2021.

If you are a shareholder who suffered a loss, click on in this article to take part.

We also really encourage you to get in touch with Brian Schall of the Schall Legislation Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your legal rights absolutely free of charge. You can also attain us by means of the firm’s site at www.schallfirm.com, or by electronic mail at [email protected].

The course, in this case, has not nonetheless been licensed, and until certification takes place, you are not represented by an legal professional. If you select to take no motion, you can keep on being an absent class member.

In accordance to the Complaint, the Organization made fake and deceptive statements to the marketplace. Bit Electronic overstated the measurement and ability of its bitcoin mining procedure. Based on this actuality, the Company’s community statements ended up untrue and materially misleading all over the course interval. When the industry figured out the real truth about Little bit Electronic, investors endured damages.

Be part of the case to get well your losses.

The Schall Legislation Business represents traders close to the planet and specializes in securities course action lawsuits and shareholder rights litigation.

This push release could be considered Legal professional Advertising in some jurisdictions less than the applicable legislation and guidelines of ethics.