Bit Brother Limited announced till the time this Press Release is published, all 1,400 S19J Pro cryptocurrency mining servers have been operating with the total hash rate of 140,000 TH/S in Texas mining farm, which is owned by BTB's subsidiary Bit Brother New York Inc. And 2.39 Bitcoin has been mined. The Company seeks to provide as much transparency about its bitcoin mining operation as possible. These mining results do not include any financial results for the Company and do not address the Company's other, non-mining operations.

United States generally accepted accounting principles for cryptocurrency mining are complex, emerging, and uncertain. Cryptocurrencies may not be recognized as cash or cash equivalents, and mining activities may not qualify for revenue recognition. Cryptocurrencies have no inherent value, are not legal tender recognized by any governmental entity, and might not be able to be converted into fiat currencies.

Investors are advised not to place undue reliance on mining results alone, without considering other financial and non-financial metrics.