{"filing":{"accession_number":"0001213900-26-061574","cik":"0001710350","ticker":"BTBT","company_name":"Bit Digital, Inc","form":"8-K","filing_date":"2026-05-27","report_date":null,"primary_document":"ea0292031-8k_bitdigital.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1710350/000121390026061574/ea0292031-8k_bitdigital.htm"},"events":[{"id":8794,"run_id":7718,"accession_number":"0001213900-26-061574","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.73,"summary":"Bit Digital entered into material financing arrangements totaling $100-150 million with Enovum NC-1 Venture, LLC (expandable to $150 million) and secured $50 million from Galaxy Digital to fund development of a high-performance computing data center in Madison, North Carolina. These arrangements, involving related parties and representing significant capital deployment for strategic infrastructure, constitute material transactions affecting the company's capital structure.","company_name":"Bit Digital, Inc","ticker":"BTBT","filing_date":"2026-05-27","form":"8-K","submitted_at":null,"items":[{"id":1993,"accession_number":"0001213900-26-061574","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"Bit Digital entered into a $100 million (expandable to $150 million) inter-company Term Loan facility with Enovum NC-1 Venture, LLC to fund development of a high-performance computing data center in Madison, North Carolina. While technically a financing arrangement rather than a traditional M\u0026A transaction, the scale ($100M+), strategic nature (funding a major HPC infrastructure project), and involvement of related parties (WhiteFiber affiliates) constitute a material transaction under Item 1.01. The company also secured $50 million in funding from Galaxy Digital to support this facility, indicating a significant capital deployment and strategic initiative.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-28T02:35:46.404454+00:00","company_name":"","ticker":null,"filing_date":""},{"id":1994,"accession_number":"0001213900-26-061574","item_number":"2.03","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.72,"reasoning":"Item 2.03 discloses creation of direct financial obligations through two loan agreements: a Master Digital Currency Loan Agreement with Galaxy Digital LLC and a Delayed Draw Term Loan Facility with Enovum NC-1 Venture and White Fiber Operating Partnership LP. While Item 2.03 is the technical disclosure vehicle, the substance involves material financing arrangements that would be incorporated from Item 1.01, suggesting a significant capital transaction. This is classified as ma_activity because the loan facilities represent material financing arrangements that affect the company's capital structure and financial obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-28T02:35:46.404454+00:00","company_name":"","ticker":null,"filing_date":""},{"id":1995,"accession_number":"0001213900-26-061574","item_number":"7.01","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"reasoning":"The disclosure announces two significant financing arrangements: a Master Digital Currency Loan Agreement with Galaxy Digital LLC and a Delayed Draw Term Loan Facility with Enovum NC-1 Venture, LLC and White Fiber Operating Partnership LP. While these involve debt financing, they do not fit cleanly into the covenant_breach, ma_activity, or dilutive_issuance categories. The filing emphasizes capital deployment and expected returns on investment in a data center buildout (NC-1), suggesting material financing activity that would affect investor assessment of the company's financial position and strategic direction.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-28T02:35:46.404454+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":1993,"accession_number":"0001213900-26-061574","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"Bit Digital entered into a $100 million (expandable to $150 million) inter-company Term Loan facility with Enovum NC-1 Venture, LLC to fund development of a high-performance computing data center in Madison, North Carolina. While technically a financing arrangement rather than a traditional M\u0026A transaction, the scale ($100M+), strategic nature (funding a major HPC infrastructure project), and involvement of related parties (WhiteFiber affiliates) constitute a material transaction under Item 1.01. The company also secured $50 million in funding from Galaxy Digital to support this facility, indicating a significant capital deployment and strategic initiative.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-28T02:35:46.404454+00:00","company_name":"Bit Digital, Inc","ticker":"BTBT","filing_date":"2026-05-27"},{"id":1994,"accession_number":"0001213900-26-061574","item_number":"2.03","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.72,"reasoning":"Item 2.03 discloses creation of direct financial obligations through two loan agreements: a Master Digital Currency Loan Agreement with Galaxy Digital LLC and a Delayed Draw Term Loan Facility with Enovum NC-1 Venture and White Fiber Operating Partnership LP. While Item 2.03 is the technical disclosure vehicle, the substance involves material financing arrangements that would be incorporated from Item 1.01, suggesting a significant capital transaction. This is classified as ma_activity because the loan facilities represent material financing arrangements that affect the company's capital structure and financial obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-28T02:35:46.404454+00:00","company_name":"Bit Digital, Inc","ticker":"BTBT","filing_date":"2026-05-27"},{"id":1995,"accession_number":"0001213900-26-061574","item_number":"7.01","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"reasoning":"The disclosure announces two significant financing arrangements: a Master Digital Currency Loan Agreement with Galaxy Digital LLC and a Delayed Draw Term Loan Facility with Enovum NC-1 Venture, LLC and White Fiber Operating Partnership LP. While these involve debt financing, they do not fit cleanly into the covenant_breach, ma_activity, or dilutive_issuance categories. The filing emphasizes capital deployment and expected returns on investment in a data center buildout (NC-1), suggesting material financing activity that would affect investor assessment of the company's financial position and strategic direction.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-28T02:35:46.404454+00:00","company_name":"Bit Digital, Inc","ticker":"BTBT","filing_date":"2026-05-27"}]}