Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a digital asset mining company headquartered in New York, announced updates related to its hosting partner's operations. Bit Digital received a notice (the "Notice") dated October 4, 2022, from the City of Niagara Falls, New York. The Notice pertained to a Niagara Falls, NY facility that is owned and operated by one of the Company's hosting partners, Blockfusion USA Inc. ("Blockfusion").