Bit Origin Limited Completes Name Change from China Xiangtai Food Co., Ltd. in Rebranding Initiative

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The Firm has launched its new emblem & website and launched its new investor presentation

New York, Might 24, 2022 (GLOBE NEWSWIRE) — Bit Origin Restricted (NASDAQ: BTOG) (“Bit Origin” or the “Firm”), an rising progress firm engaged in crypto mining enterprise with diversified growth technique, right now introduced that it has accomplished its holding firm title change from China Xiangtai Meals Co., Ltd. as part of the rebranding that comes because the Firm embraces a sequence of enterprise transformations into the crypto mining business. The title change turned efficient on Might 18, 2022.

Bit Origin has additionally launched a brand new company emblem. The letters “b” and “o” within the new Bit Origin emblem function an infinite chain signal, which symbolize steady progress pattern of the Firm and the crypto mining business whereas connecting applied sciences, abilities, improvements and assets.

Moreover, the Firm has launched its new company web site at https://bitorigin.io on Might 11, 2022. The Firm’s investor presentation is now obtainable underneath the Buyers part on the Firm’s new web site. The brand new investor presentation will replicate the Firm’s new enterprise focus with its near-term, mid-term and long-term methods.

Mr. Lucas Wang, Chairman and Chief Govt Officer of the Firm, commented, “The title, Bit Origin Restricted, clearly represents the Firm’s strategic mission and imaginative and prescient. Our mission is shaping the way forward for blockchain ecosystem in a sustainable manner, and our imaginative and prescient is to change into the main Bitcoin mining firm via improvements. The brand new title gives a extra impartial entrance as we proceed to develop and construct upon the enterprise within the crypto mining business.”

About Bit Origin Restricted

Bit Origin Restricted, previously generally known as China Xiangtai Meals Co., Ltd., an rising progress firm engaged in crypto mining enterprise. The Firm can also be actively deploying blockchain applied sciences, alongside diversified growth methods. The present operations are in america. For extra info, please go to https://bitorigin.io.

Secure Harbor Assertion

This announcement accommodates forward-looking statements inside the that means of the protected harbor provisions of the Personal Securities Litigation Reform Act of 1995. All statements apart from statements of historic reality on this announcement are forward-looking statements. These forward-looking statements contain recognized and unknown dangers and uncertainties and are primarily based on present expectations and projections about future occasions and monetary developments that the Firm believes might have an effect on its monetary situation, outcomes of operations, enterprise technique, and monetary wants. Buyers can establish these forward-looking statements by phrases or phrases corresponding to “might,” “will,” “anticipate,” “anticipate,” “intention,” “estimate,” “intend,” “plan,” “consider,” “potential,” “proceed,” “is/are prone to” or different comparable expressions. The Firm undertakes no obligation to replace forward-looking statements to replicate subsequent occurring occasions or circumstances or adjustments in its expectations, besides as could also be required by legislation. Though the Firm believes that the expectations expressed in these forward-looking statements are cheap, it can not guarantee you that such expectations will turn into appropriate, and the Firm cautions traders that precise outcomes might differ materially from the anticipated outcomes.

Firm Contact

Bit Origin Restricted
Erick W. Rengifo
Cellphone: +1-347-556-4747
E-mail: ir@bitorigin.io

Investor Relations Contact

Ms. Tina Xiao, President
Ascent Investor Relations LLC
Cellphone: +1-917-609-0333
E-mail: tina.xiao@ascent-ir.com

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