Bit Digital, Inc. Announces Management Changes

Bit Digital, Inc. (Nasdaq: BTBT), an emerging bitcoin mining company headquartered in New York announced today certain management changes. The Company's Board of Directors accepted the resignation of Ping Liu as Chairwoman of the Board, as she resigned for personal health reasons. The Board then elected Zhaohui Deng (previously misidentified as Chaohui Deng), an independent director, as Chairman of the Board. The Board removed Min Hu as Chief Executive Officer, as he was not participating in the Company's bitcoin mining operations. Mr. Hu will remain an independent director of the Company. The Board then named Erke Huang, currently Chief Financial Officer and a director, also as Interim Chief Executive Officer while an ongoing search for a new CEO continues.

Coinness