Company: BTBT
Filing Date: 2025-09-29
Form Type: 424B5
Source: 0001213900-25-093122
Chunk: 28

Company: Bit Digital, Inc
Filing Date: 2025-09-29
Form: 424B5
Chunk 28
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 other business
opportunities relating to digital assets. Ethereum is subject to significant volatility. In addition, there is no guarantee that we will
be able to sell our ETH at prices quoted on various cryptocurrency trading platforms or at all if we determine to do so. The supply of
ETH is currently controlled by the source code of the Ethereum platform, and there is a risk that the developers of the code and the participants
in the Ethereum network could develop and/or adopt new versions of the Ethereum software that significantly increase the supply of ETH
in circulation, negatively impacting the trading price of ETH. Future fluctuations in Ethereum trading prices may result in our converting
Ethereum purchased with the net proceeds from this offering into cash with a value substantially below the net proceeds from this offering.
Further, any significant decrease in the price of ETH may materially and adversely affect the value of our securities and, in turn, our
business and financial condition. In the event we use the net proceeds of this offering for general corporate purposes, our management
has broad discretion to use of these proceeds and may use them in ways that are unsuccessful or in ways investors do not agree with.

The trading price of our ordinary shares is subject to pricing factors that are not necessarily associated with traditional factors that influence share prices or the value of non-bitcoin assets.

The market price of our ordinary shares may be highly volatile and may fluctuate substantially due to many factors, including:

| ● | actual or anticipated fluctuations                                                                    
 in our financial condition and operating results or those of companies perceived to be similar to us; |

| ● | actual or anticipated changes                   
 in our growth rate relative to our competitors; |

<div align='center'>S-15</div>

| ● | commercial success and                                                       
 market acceptance of blockchain, bitcoin, Ethereum and other digital assets; |

| ● | actions by our competitors,                                      
 such as new business initiatives, acquisitions and divestitures; |

| ● | strategic transactions 
 undertaken by us;      |

| ● | additions or departures 
 of key personnel;       |

| ● | prevailing economic conditions; |

| ● | disputes concerning our intellectual property or other proprietary rights; |

| ● | sales of our ordinary shares by our officers, directors or significant 
 shareholders;                                                          |

| ● | other actions taken by our shareholders; |

| ● | future sales or issuances of equity or debt securities by us; |

| ● | business disruptions caused by earthquakes, tornadoes or other natural 
 disasters;                                                             |

| ● | issuance of new