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

Company: Bit Digital, Inc
Filing Date: 2025-07-14
Form: 424B5
Chunk 25
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 certain financial institutions), by attaching a completed Internal IRS Form 8938, Statement
of Specified Foreign Financial Assets, with their tax return for each year in which they hold ordinary shares. U.S. Holders should also
be aware that if the Company were a PFIC, they would generally be required to file IRS Form 8261, Information Return by a Shareholder
of a Passive Foreign Investments Company or Qualified Electing Fund, during any taxable year in which such U.S. Holder recognizes gain
or receives an excess distribution or with respect to which the U.S. Holder has made certain elections.

U.S.
Holders are urged to consult their own tax advisors regarding the application of the information reporting rules to the ordinary shares
and their particular circumstances.

EACH PROSPECTIVE INVESTOR IS URGED TO CONSULT ITS OWN TAX ADVISORS ABOUT THE APPLICATION OF THE U.S. FEDERAL INCOME TAX LAWS TO THEIR PARTICULAR SITUATIONS AS WELL AS ANY TAX CONSEQUENCES RESULTING FROM OWNING OR DISPOSING OUR ORDINARY SHARES, INCLUDING THE APPLICABILITY AND EFFECT OF THE TAX LAWS OF ANY STATE, LOCAL OR NON-U.S. JURISDICTION, INCOME TAX TREATIES AND INCLUDING ESTATE, GIFT AND INHERITANCE LAWS.

<div align='center'>S-14

PLAN OF DISTRIBUTION</div>

We are offering of our ordinary
shares in a registered direct offering to certain institutional investors pursuant to this prospectus supplement and the accompanying
prospectus. Subject to the terms and conditions of a placement agency agreement, B. Riley Securities, Inc., which we refer to as the placement
agent, has agreed to act as our exclusive placement agent in connection with this offering. The placement agent is not purchasing or selling
any such securities offered by us under this prospectus on behalf of any investors, nor is it required to arrange for the purchase and
sale of any specific number or dollar amount of such securities, other than to use its “reasonable best efforts” to arrange
for the sale of such securities by us; however, as part of this offering, the placement agent and/or its affiliates may purchase ordinary
shares from us. Therefore, we may not sell all of the securities being offered.

The placement agent will have
no authority to bind us by virtue of the placement agency agreement. There is no requirement that any minimum number or dollar amount
of ordinary shares to be sold in this offering, and there can be no