{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-057847","form_type":"8-K","ticker":"BTBT","cik":"0001710350","company_name":"Bit Digital, Inc","filed_at":"2025-06-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.425626+00:00","generated_at":"2026-05-18T19:36:05.923533+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Bit Digital files for WhiteFiber IPO, pivots to pure ETH staking and treasury, exits BTC mining","bullets":["Wholly-owned HPC subsidiary WhiteFinc. confidentially submits S-1 for proposed IPO; size and price range not yet disclosed.","Company shifts to pure-play Ethereum staking and treasury; plans to sell or wind-down bitcoin mining operations.","As of March 31, 2025, holds 24,434 ETH (~$44.6M) and 417.6 BTC (~$34.5M); intends to convert BTC holdings into ETH over time.","Staking generated an average 3.2% APY on ETH in 2024; rewards to be reinvested or used for corporate purposes.","Management expects ETH holdings and staking income to become primary source of shareholder value."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-057847","json":"https://secwatch.observer/filing/0001213900-25-057847.json","markdown":"https://secwatch.observer/filing/0001213900-25-057847.md","text":"https://secwatch.observer/filing/0001213900-25-057847.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1710350/000121390025057847/0001213900-25-057847-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1710350/000121390025057847/ea0246980-8k_bitdigital.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T19:36:05.923533+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}