Company: BTBT
Filing Date: 2025-10-01
Form Type: 424B5
Source: 0001213900-25-094778
Chunk: 145

Company: Bit Digital, Inc
Filing Date: 2025-10-01
Form: 424B5
Chunk 145
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 the Cayman Islands providing for enforcement of judgments obtained in the United States. The courts of the Cayman
Islands will recognize and enforce a foreign money judgment of a foreign court of competent jurisdiction without retrial on the merits
based on the principle that a judgment of a competent foreign court imposes upon the judgment debtor an obligation to pay the sum for
which judgment has been given provided certain conditions are met. For a foreign judgment to be enforced in the Cayman Islands, such
judgment must be final and conclusive, given by a court of competent jurisdiction (the courts of the Cayman Islands will apply the rules
of Cayman Islands private international law to determine whether the foreign court is a court of competent jurisdiction), and must not
be in respect of taxes or a fine or penalty, inconsistent with a Cayman Islands judgment in respect of the same matter, impeachable on
the grounds of fraud or obtained in a manner, and or be of a kind the enforcement of which is, contrary to natural justice or the public
policy of the Cayman Islands. Furthermore, it is uncertain that Cayman Islands courts would enforce: (1) judgments of U.S. courts
obtained in actions against us or other persons that are predicated upon the civil liability provisions of the U.S. federal securities
laws; or (2) original actions brought against us or other persons predicated upon the Securities Act. There is also uncertainty
with regard to Cayman Islands law relating to whether a judgment obtained from the U.S. courts under civil liability provisions of the
securities laws will be determined by the courts of the Cayman Islands as penal or punitive in nature. A Cayman Islands Court may stay
enforcement proceedings if concurrent proceedings are being brought elsewhere.

As a result of all of the above, our shareholders
may have more difficulty in protecting their interests through actions against us or our officers, directors or major shareholders than
would shareholders of a corporation incorporated in a jurisdiction in the United States.

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You may experience difficulties in effecting service of legal process and enforcing judgments against us and our management, and the ability of U.S. authorities to bring actions abroad.

Currently, a substantial portion of our operations
and personnel are located outside the United States in Canada and Iceland. A majority of the members of our Board of Directors are nationals
or residents of jurisdictions other than the United States, and a substantial portion, if not all, of their assets are located outside
the United States.