Bit Digital, Inc. (BTBT)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bit Digital, Inc. ("Bit Digital" or "the Company") (NASDAQ: BTBT). The investigation concerns whether Bit Digital and certain of its officers and/or directors have violated federal securities laws.
On January 11, 2021, J Capital Research published a report, stating that Bit Digital operates "a fake crypto currency business" "designed to steal funds from investors." The report continued to state that "[t]he company reported at end Q3 2020 that it was operating 22,869 bitcoin miners in China," but that "is simply not possible" and "[w]e verified with local governments supposedly hosting the BTBT mining operation that there are no bitcoin miners there." Following this news, Bit Digital stock dropped.
If you are aware of any facts relating to this investigation, or purchased Bit Digital shares, you can assist this investigation by visiting contacting the firm. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.