Bit Digital, Inc.

Hello and welcome to the BIT Digital first quarter 2026 earnings conference call. We'll begin shortly. During the call, all participant lines will be in listen-only mode. Following management's remarks, we'll open the line for questions. If you would like to ask the question at that time, please press star 1 on your telephone keypad. As a reminder, today's call is being recorded. I'll now turn the call over to your host, Daniel Kennedy, Head of Investor Relations at BitDigital. Daniel, please go ahead.

Thank you, and welcome everyone to BitDigital's first quarter 2026 earnings call. Joining me today are Sam Tabar, our Chief Executive Officer, and Eric Huang, our Chief Financial Officer. I'd like to remind everyone that certain statements made during today's call may be forward-looking. These statements are subject to risks and uncertainties that could cause results to differ. For a discussion of these risks, please refer to our SEC filings, including our Form 10Q filed today. Throughout the call, we may also refer to non-GAAP financial measures. Reconciliations to the most direct comparable GAAP measures can be found in our earnings materials available on our website. Unless otherwise indicated, figures discussed during these remarks are rounded for readability. Following our prepared remarks, we will open the call for questions. With that, I'll turn the call over to Sam. Sam?

Thank you, Daniel, and thank you, everyone, for joining us. Before I begin, I would like to extend a hand of welcome to our new head of investor relations, Daniel Kennedy. He was formerly a board member, advisor, and director to publicly listed companies across the digital asset, crypto, fintech, and AI infrastructure sectors. Welcome aboard, Daniel, and we look forward to your ability to share the BitDigital story and trajectory to our shareholders. BitDigital continued advancing its strategic asset transition during the first quarter. Our business today is centered around three verticals. Ethereum treasury and staking, AI infrastructure through white fiber, and building durable cash flow through disciplined capital allocation. We believe these businesses complement each other. Ethereum provides long-term treasury exposure and staking yield. White fiber provides exposure to AI infrastructure and compute demand. Over time, we expect additional operating businesses to support recurring revenue generation across the platform.