Company: BTBT
Filing Date: 2025-06-26
Form Type: 424B5
Source: 0001213900-25-058407
Chunk: 13

Company: Bit Digital, Inc
Filing Date: 2025-06-26
Form: 424B5
Chunk 13
---
 the discretion of our board of directors, subject to applicable laws, and
will depend on our financial condition, results of operations, capital requirements, general business conditions and other factors that
our board of directors considers relevant.

<div align='center'>S-8

Capitalization</div>

The following table sets
forth our cash and cash equivalents and capitalization as of March 31, 2025:

| ● | on a historical basis; and |

| ● | on an as adjusted basis, giving effect to this offering (assuming no                                                                     
 exercise of the underwriters’ option to purchase additional ordinary shares) and the application of the estimated net proceeds therefrom 
 as set forth under “Use of Proceeds,” based on the purchase price by the underwriters of $1.90 per share, after deducting                
 the underwriting discount and estimated offering expenses payable by us.                                                                 |

You should read this table
in conjunction with the financial statements, including the notes thereto, and other financial information pertaining to us incorporated
by reference in this prospectus supplement.

|                                                                                                                                                                                                                                   |     | As of          
 March 31, 2025 |              |   |     |             |              |   |
|:----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:---------------|-------------:|:--|:----|:------------|-------------:|:--|
|                                                                                                                                                                                                                                   |     | Actual         |              |   |     | As Adjusted |              |   |
| Cash and cash equivalents                                                                                                                                                                                                         |     | $              |   57,555,011 |   |     | $           |  199,055,011 |   |
| Liabilities:                                                                                                                                                                                                                      |     |                |              |   |     |             |              |   |
| Current liabilities                                                                                                                                                                                                               |     |                |   48,251,037 |   |     |             |   48,251,037 |   |
| Non-current liabilities                                                                                                                                                                                                           |     |                |   19,579,644 |   |     |             |   19,579,644 |   |
| Total liabilities                                                                                                                                                                                                                 |     | $              |   67,830,681 |   |     | $           |   67,830,681 |   |
| Shareholders’ equity:                                                                                                                                                                                                             |     |                |              |   |     |             |              |   |
| Preference shares, $0.01 par value, 10,000,000 and