Bit Digital Management

Management criteria checks 3/4

Bit Digital's CEO is Sam Tabar, appointed in Mar 2023, has a tenure of 1.17 years. total yearly compensation is $1.74M, comprised of 28.7% salary and 71.3% bonuses, including company stock and options. directly owns 0.093% of the company’s shares, worth MX$4.84M. The average tenure of the management team and the board of directors is 2.3 years and 3.1 years respectively.

Key information

Sam Tabar

Chief executive officer

US$1.7m

Total compensation

CEO salary percentage	28.7%
CEO tenure	1.2yrs
CEO ownership	0.09%
Management average tenure	2.3yrs
Board average tenure	3.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sam Tabar's remuneration changed compared to Bit Digital's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$38m
Dec 31 2023	US$2m	US$500k	-US$14m
Sep 30 2023	n/a	n/a	-US$81m
Jun 30 2023	n/a	n/a	-US$88m
Mar 31 2023	n/a	n/a	-US$103m
Dec 31 2022	US$500k	US$500k	-US$105m
Sep 30 2022	n/a	n/a	-US$52m
Jun 30 2022	n/a	n/a	-US$58m
Mar 31 2022	n/a	n/a	-US$41m
Dec 31 2021	US$3m	US$94k	-US$1m

Compensation vs Market: Sam's total compensation ($USD1.74M) is above average for companies of similar size in the MX market ($USD268.13K).

Compensation vs Earnings: Sam's compensation has been consistent with company performance over the past year.

CEO

Sam Tabar (49 yo)

1.2yrs

Tenure

US$1,739,500

Compensation

Mr. Samir Tabar, also known as Sam, served as Chief Strategy Officer at Bit Digital, Inc. since March 31, 2021 until March 31, 2023 and serves as its Chief Executive Officer since March 31, 2023. He has se...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Samir Tabar	Chief Executive Officer	1.2yrs	US$1.74m	0.093% $ 4.8m
Erke Huang	CFO & Director	4.6yrs	US$3.54m	0% $ 0
William Schnier	Head of Investor Relations	2.3yrs	no data	no data
Jiashu Xiong	Executive Director	less than a year	no data	no data
Luna Tan	Managing Director	2.3yrs	no data	no data

2.3yrs

Average Tenure

34yo

Average Age

Experienced Management: BTBT N's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Erke Huang	CFO & Director	4.6yrs	US$3.54m	0% $ 0
Jiashu Xiong	Executive Director	less than a year	no data	no data
Brock Pierce	Independent Director	2.6yrs	no data	0.017% $ 855.2k
Zhaohui Deng	Independent Chairman of the Board	3.7yrs	no data	no data
Ichi Shih	Independent Director	3.7yrs	no data	0.058% $ 3.0m
Bryan Bullett	Senior Advisor	1.2yrs	US$500.00k	0.041% $ 2.1m

3.1yrs

Average Tenure

46yo

Average Age

Experienced Board: BTBT N's board of directors are considered experienced (3.1 years average tenure).

Bit Digital Management

Management criteria checks 3/4

Key information

Recent management updates

High number of new and inexperienced directors

Bit Digital, Inc. Announces Board Changes

Bit Digital, Inc., Annual General Meeting, Sep 20, 2023

High number of new and inexperienced directors

High number of new and inexperienced directors

Henri Arslanian Joins Advisory Board of Bit Digital, Inc

Recent updates

Investor sentiment improves as stock rises 17%

New major risk - Revenue and earnings growth

First quarter 2024 earnings released: EPS: US$0.44 (vs US$0.027 loss in 1Q 2023)

Bit Digital, Inc. to Report Q1, 2024 Results on May 15, 2024

Full year 2023 earnings released: US$0.16 loss per share (vs US$1.34 loss in FY 2022)

Bit Digital, Inc. to Report Fiscal Year 2023 Results on Mar 18, 2024

New major risk - Revenue and earnings growth

Third quarter 2023 earnings released: US$0.081 loss per share (vs US$0.17 loss in 3Q 2022)

High number of new and inexperienced directors

Bit Digital, Inc. Announces Board Changes

Bit Digital, Inc., Annual General Meeting, Sep 20, 2023

New major risk - Financial position

Second quarter 2023 earnings released: US$0.029 loss per share (vs US$0.23 loss in 2Q 2022)

First quarter 2023 earnings released: US$0.027 loss per share (vs US$0.15 loss in 1Q 2022)

Full year 2022 earnings released: US$1.34 loss per share (vs US$0.018 loss in FY 2021)

High number of new and inexperienced directors

Third quarter 2022 earnings released: US$0.17 loss per share (vs US$0.37 loss in 3Q 2021)

High number of new and inexperienced directors

Second quarter 2022 earnings released: US$0.23 loss per share (vs US$0.027 loss in 2Q 2021)

Henri Arslanian Joins Advisory Board of Bit Digital, Inc

Bit Digital, Inc., Annual General Meeting, Jul 29, 2022

First quarter 2022 earnings released: US$0.15 loss per share (vs US$0.74 profit in 1Q 2021)

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

High number of new and inexperienced directors

High number of new and inexperienced directors

Investor sentiment deteriorated over the past week

Bit Digital, Inc. Appoints Cameron Schnier as Head of Investor Relations

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings: EPS in line with expectations, revenues disappoint

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: US$0.027 loss per share (vs US$0.013 loss in 2Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

First quarter 2021 earnings released: EPS US$0.74 (vs US$0.011 loss in 1Q 2020)

Kessler Topaz Meltzer & Check, LLP Announces Four Days Until Deadline in Securities Fraud Class Action Lawsuit Filed against Bit Digital, Inc

Block & Leviton LLP Files A Lawsuit Against Bit Digital, Inc. for Securities Fraud

Kessler Topaz Meltzer & Check, LLP Reminds Shareholders of Bit Digital, Inc. of Deadline in Securities Fraud Class Action Lawsuit

Pomerantz Law Firm Reminds Shareholders with Losses on Their Investment in Bit Digital, Inc. of Class Action Lawsuit

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age