Company: BTBT
Filing Date: 2025-07-14
Form Type: 424B5
Source: 0001213900-25-063777
Chunk: 18

Company: Bit Digital, Inc
Filing Date: 2025-07-14
Form: 424B5
Chunk 18
---
 States federal income tax purposes) created in, or organized under the laws of, the United States or any state
thereof or the District of Columbia, (iii) an estate the income of which is includible in gross income for United States federal income
tax purposes regardless of its source, or (iv) a trust (A) the administration of which is subject to the primary supervision of a United
States court and which has one or more United States persons who have the authority to control all substantial decisions of the trust
or (B) that has otherwise elected to be treated as a United States person under the Code.

<div align='center'>S-10</div>

If
a partnership (or other entity treated as a partnership for United States federal income tax purposes) is a beneficial owner of our ordinary
shares, the tax treatment of a partner in the partnership may vary depending on the status of the partner and the activities of the partnership.
Partnerships and partners of a partnership holding our ordinary shares are urged to consult their tax advisors regarding an investment
in our ordinary shares.

The
discussion set forth below is addressed only to U.S. Holders that purchase ordinary shares in this offering. Prospective purchasers are
urged to consult their own tax advisors about the application of the U.S. federal income tax rules to their particular circumstances as
well as the state, local, foreign and other tax consequences to them of the purchase, ownership and disposition of our ordinary shares.

Taxation of Dividends and Other Distributions on our Ordinary Shares

Subject
to the passive foreign investment company rules discussed below, the gross amount of distributions made by us to you with respect to the
ordinary shares (including the amount of any taxes withheld therefrom) will generally be includable in your gross income as dividend income
on the date actually or constructively received by you, but only to the extent that the distribution is paid out of our current or accumulated
earnings and profits (as determined under U.S. federal income tax principles). With respect to corporate U.S. Holders, the dividends will
not be eligible for the dividends-received deduction allowed to corporations in respect of dividends received from other U.S. corporations.

With
respect to non-corporate U.S. Holders, including individual U.S. Holders, dividends are currently taxed at the lower capital gains rate
applicable to qualified dividend income, provided that (1) the ordinary shares are readily tradable on an established securities market
in the United States