Item 7.01
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Regulation FD Disclosure.
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On August 10, 2021, the Company issued a press release announcing the Purchase.
A copy of this press release is attached hereto as Exhibit 99.1 and is being furnished with this Current Report on Form 8-K (“Current
Report”).
The information set forth under Item 7.01 of this Current Report, including
Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such section. The information
in Item 7.01 of this Current Report, including Exhibit 99.1, shall not be incorporated by reference into any filing under the Securities
Act of 1933, as amended, or the Exchange Act, regardless of any incorporation by reference language in any such filing, except as expressly
set forth by specific reference in such a filing. This Current Report will not be deemed an admission as to the materiality of any information
in this Current Report that is disclosed solely pursuant to this Item 7.01.
Forward Looking Statements
This Current Report, including Exhibit 99.1 attached hereto, contains forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical
fact contained in this Current Report, including statements regarding the Company’s digital currency mining activities, use of the
Property, clean energy initiatives, business strategy, and plans are forward-looking statements. These statements involve known and unknown
risks, uncertainties and other important factors that may cause the Company’s actual results, performance or achievements to be
materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. In addition,
projections, assumptions and estimates of the Company’s future performance, its clean energy initiatives, future profitability associated
with mining cryptocurrencies, and the future performance of the markets in which the Company operates, are necessarily subject to a high
degree of uncertainty and risk. In some cases, you can identify forward-looking statements by terms such as “may,” “will,”
“would,” “could,” “should,” “expect,” “plan,” “anticipate,” “could,”
“intend,” “target,” “project,” “contemplate,” “believe,” “estimate,”
“predict,” “potential” or “continue” or the negative of these terms or other similar expressions.
The forward-looking statements in this Current Report are only
predictions. The Company has based these forward-looking statements largely
on its current expectations and projections about future events and financial trends that the Company believes may affect its financial
condition, operating results, business strategy, short-term and long-term business operations and objectives. These forward- looking statements
speak only as of the date of this Current Report and are subject to a number of risks, uncertainties and assumptions. The events and circumstances
reflected in such forward-looking statements may not be achieved or occur and actual results could differ materially from those projected
in the forward-looking statements due to risks, uncertainties and other factors described in the Company’s press releases and in
its filings with the Securities and Exchange Commission (“SEC”), including under the heading “Risk Factors” in
the Company’s Annual Report on Form 10-K and any subsequent filings with the SEC. Moreover, the Company operates in a very competitive
and rapidly changing environment. New risks and uncertainties may emerge from time to time, and it is not possible for the Company to
predict all risks and uncertainties. Except as required by applicable law, the Company does not plan to publicly update or revise any
forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances or otherwise.