Company: BTBT
Filing Date: 2025-07-02
Form Type: S-8
Source: 0001213900-25-061020
Chunk: 16

Company: Bit Digital, Inc
Filing Date: 2025-07-02
Form: S-8
Chunk 16
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 and directors, who are deemed to be affiliates of the Company, that are issuable upon the exercise of options to
be granted pursuant to our Plan and shares underlying Awards. We will not receive any proceeds from the sale of the shares sold by the
Selling Securityholders, but we will receive the exercise price upon exercise of the share options, other than for any cashless exercise
of options.

If subsequent to the date of
this reoffer prospectus, we grant any awards under the Plan to any persons who are affiliates of the Company, we would supplement this
reoffer prospectus with the names of such affiliates and the amount(s) of shares to be reoffered by them as Selling Securityholders.

Implications of Being a Smaller Reporting Company

We are a “smaller reporting
company” as defined in the Exchange Act as of June 30, 2024. We may take advantage of certain of the scaled disclosures available
to smaller reporting companies so long as the market value of our voting and non-voting Ordinary Shares held by non-affiliates is less
than $250 million measured on the last business day of our second fiscal quarter, or our annual revenue is less than $100 million during
the most recently completed fiscal year and the market value of our Ordinary Shares held by non-affiliates is less than $700 million measured
on the last business day of our second fiscal quarter.

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RISK
FACTORS</div>

Risk Factors

An investment in our securities involves a high degree of risk. Prior to making a decision about investing in our securities, you should carefully consider the specific risk factors discussed in the sections entitled “Risk Factors” contained in our annual report on Form 10-K for the fiscal year ended December 31, 2024 (“Annual Report”) under the heading “Item 1A. Risk Factors,” and as described or may be described in any subsequent quarterly report on Form 10-Q under the heading “Item 1A. Risk Factors,” as well as in any applicable prospectus supplement and contained or to be contained in our filings with the SEC and incorporated by reference in this prospectus, together with all of the other information contained in this prospectus, or any applicable prospectus supplement. For more information, see the section entitled “Incorporation ofDocuments by Reference” on page iii of this prospectus.

General Risks

From time to time we evaluate and potentially consummate strategic investments, combinations, joint-ventures