INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Bit Digital Inc. (BTBT) on Behalf of Investors

BENSALEM, Pa.–(BUSINESS WIRE)–Law Offices of Howard G. Smith announces an investigation on behalf of Bit Digital Inc. (“Bit Digital” or the “Company”) (NASDAQ: BTBT) investors concerning the Company’s possible violations of federal securities laws.
On January 11, 2021, J Capital Research issued a research report alleging, among other things, that Bit Digital operates “a fake crypto currency business” “designed to steal funds from investors.” Though the Company claims “it was operating 22,869 bitcoin miners in China,” J Capital alleged that “is simply not possible” and stated that “[w]e verified with local governments supposedly hosting the BTBT mining operation that there are no bitcoin miners…