Company: BTBT
Filing Date: 2025-07-15
Form Type: 424B5
Source: 0001213900-25-063950
Chunk: 16

Company: Bit Digital, Inc
Filing Date: 2025-07-15
Form: 424B5
Chunk 16
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 |             |   (2,070,166 | ) |     |            |   (2,070,166 | ) |
| Total shareholders’ equity                                                                                                                                                                                                                                                                                           |     |                |  417,417,893 |   |     |             |  580,242,200 |   |     |            |  643,586,600 |   |
| Total capitalization                                                                                                                                                                                                                                                                                                 |     | $              |  485,248,574 |   |     | $           |  648,072,881 |   |     |            |  711,417,281 |   |

<div align='center'>S-9

TAXATION</div>

The following discussion of material Cayman Islands and United States federal income tax consequences of an investment in our ordinary shares is based upon laws and relevant interpretations thereof in effect as of the date of this prospectus, all of which are subject to change. This discussion does not deal with all possible tax consequences relating to an investment in our ordinary shares, such as the tax consequences under state, local and other tax laws. To the extent that the discussion relates to matters of Cayman Islands tax law, it represents the opinion of Ogier (Cayman) LLP, our Cayman Islands legal counsel.

Certain Material Cayman Islands Tax Considerations

The
Cayman Islands currently levies no taxes on individuals or corporations based upon profits, income, gains, or appreciation and there is
no taxation in the nature of inheritance tax or estate duty. There are no other taxes likely to be material to us levied by the Government
of the Cayman Islands except for stamp duties which may be applicable on instruments executed in, or, after execution, brought within
the jurisdiction of the Cayman Islands. No stamp duty is payable in the Cayman Islands on the issue of shares by, or any transfers of
shares of, Cayman Islands companies (except those which hold interests in land in the Cayman Islands). There are no exchange control regulations
or currency restrictions in the Cayman Islands.

Payments
of dividends and capital in respect of our ordinary shares will not be subject to taxation in the Cayman Islands and no withholding will
be required on the payment of a dividend or capital to any holder of our ordinary shares, as the case may be, nor will gains derived from
the disposal of our ordinary shares be subject to Cayman Islands income or corporation tax.

Certain Material United States Tax Considerations

The
following is a