Bit Brother Limited plans to appeal the Nasdaq’s delisting decision

Bit Brother Limited (“Bit Brother”, “we” or the “Company”) (OTC Pink: BETSF) today announced its intention to appeal the recent delisting decision issued by the Nasdaq Stock Exchange (“Nasdaq” ). We have recently received correspondence from shareholders around the world who have indicated that, in their view, BETSF’s recent financial activities have not harmed their interests. It is with this support of theirs that we will file an appeal. The cryptocurrency market is currently in a bullish phase, BETSF continues to focus on digital currency operations and shareholders are eagerly awaiting its growth in this booming market. It is at this opportune moment in the cryptocurrency market that Nasdaq’s decision to delist BETSF could be seen as a decision that harms the interests of shareholders. The timing of this commission decision is particularly unfortunate given that shareholders expect significant returns from the company’s operations in the cryptocurrency sector. We learned on social media that since trading of our Class A common stock was suspended on the Nasdaq on March 7, many of our stockholders have been unable to trade in the over-the-counter (OTC) market. As they informed us, they could only sell the shares and suffered a big loss when their price fell sharply. We intend to submit our appeal to Nasdaq no later than March 20, 2024. We sincerely encourage all shareholders who share our concerns to stand with us during this process. Dear shareholders, you can send us your valuable opinion at IR@bitbrother.com.