Bit Digital Welcomes Daniel Kennedy as New Head of Investor Relations

New York – May 11, 2026 – Bit Digital, Inc. (NASDAQ: BTBT), a public Strategic Asset Company focused on Ethereum strategies and AI/HPC infrastructure, has announced the appointment of Daniel Kennedy as its new Head of Investor Relations. This appointment marks a significant step in enhancing the company’s investor communications as it continues to navigate the evolving landscape of digital assets and artificial intelligence.

Daniel Kennedy succeeds Cameron Schnier, who has served in the role since 2022. Schnier will transition to a strategic advisor role while still leading investor relations efforts for WhiteFiber (NASDAQ: WYFI). Kennedy, a seasoned professional in the finance and technology sector, has an impressive track record with experience in various key companies related to digital assets, fintech, and AI infrastructure.

Kennedy's extensive background in capital markets and investor relations is expected to align seamlessly with Bit Digital's goals. He has a unique blend of expertise that will help translate complex market developments into clear and effective communications for investors. This is particularly important as Bit Digital aims to ramp up its efforts in engaging with shareholders and stakeholders while driving forward its strategic initiatives.

Kennedy expressed his enthusiasm about joining Bit Digital, stating, “No company in the digital asset and AI infrastructure space has been more consistently ahead of the curve than Bit Digital. It’s an honor to join a team of visionaries dedicated to building the Ethereum strategy, rails, and AI infrastructure upon which the future of finance will rely.”

Sam Tabar, a key figure in the company’s management, highlighted the strategic importance of Kennedy’s experience as Bit Digital scales its Ethereum strategies and AI-focused initiatives. He emphasized, “Daniel’s capital markets experience and understanding of digital infrastructure come at an important time for Bit Digital. His expertise will be invaluable as we work to convey our company’s strategy, value, and long-term objectives to our investors.”

Bit Digital is at the forefront of the cryptocurrency and technology market, focusing on both Ethereum infrastructure and AI/HPC investments. The company actively participates in Ethereum by purchasing and staking ETH to generate yield, thereby solidifying its position as a notable player in the industry.

With the current shift in the market towards digital assets and AI applications, Kennedy's role is expected to significantly enhance Bit Digital's shareholder communications and outreach strategies. His extensive knowledge in translating market complexities will likely provide investors with clearer insights into the company’s operations and objectives, fostering a solid relationship with existing and potential stakeholders.

In conclusion, Kennedy’s arrival at Bit Digital represents not just a change in leadership, but a strategic enhancement to the company's communications efforts at a pivotal time. As Bit Digital continues to expand and innovate within the digital asset space, stakeholders can anticipate more effective and engaged communications that will support the company’s ambitions.

For additional information about Bit Digital, please visit their official website or follow them on social media platforms.