ReleaseWire

NASDAQ:BTBT Long Term Investor Alert: Investigation of Potential Wrongdoing at Bit Digital, Inc.

Certain directors of Bit Digital, Inc. are under investigation concerning potential breaches of fiduciary duties.

Posted: Friday, April 30, 2021 at 11:30 AM CDT

San Diego, CA -- (SBWire) -- 04/30/2021 --Investors who are current long term investors in Bit Digital, Inc. (NASDAQ: BTBT) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for investors in NASDAQ: BTBT stocks follows a lawsuit filed against Bit Digital, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: BTBT stocks, concerns whether certain Bit Digital directors are liable in connection with the allegations made in that lawsuit.

The plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that Bit Digital overstated the extent of its a bitcoin mining operation, and that as a result, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Bit Digital, Inc. (NASDAQ: BTBT) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.