The .new TLD is very restrictive, it is intended to be used for launching a new something, e.g: docs.new creates a new Google Doc. Your domain does not launch a new "bi" (whatever that is). The .new TLD is managed by Google and they do enforce this requirement.

> .new is a domain extension exclusively for performing new actions online: any act that leads to creation can have a quick and memorable .new shortcut associated with it. Help your customers take action faster. Less time clicking means more time creating.

You will lose your domain.

> While anyone can register, domains that don’t comply with this usage policy may be suspended or deleted by Google Registry without refund.

https://www.registry.google/policies/registration/new/