Company: BTBT
Filing Date: 2025-04-30
Form Type: S-3
Source: 0001213900-25-037166
Chunk: 23

Company: Bit Digital, Inc
Filing Date: 2025-04-30
Form: S-3
Chunk 23
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 SEC,
the U.S. Department of Justice and other U.S. authorities may also have difficulties in bringing and enforcing actions against us or our
directors or officers outside the United States.

We have appointed Corporation Service Company
located at 19 West 44th Street, Suite 201, New York, New York 10036, as our agent upon whom process may be served in any action brought
against us under the securities laws of the United States.

Ogier (Cayman) LLP, our counsel as to Cayman Islands
law, and Tian Yuan Law Firm, our counsel as to PRC law, have advised us, respectively, that there is uncertainty as to whether the
courts of the Cayman Islands and China, respectively, would recognize or enforce judgments of United States courts obtained against
us or our directors or officers predicated upon the civil liability provisions of the securities laws of the United States or any
state in the United States; or entertain original actions brought in each respective jurisdiction against us or our directors or
officers predicated upon the securities laws of the United States or any state in the United States, so far as the liabilities imposed by those provisions are penal in
nature.

Tian Yuan Law Firm has further advised us that
the recognition and enforcement of foreign judgments are subject to compliance with the PRC Civil Procedures Law and relevant civil procedure
requirements in the PRC. PRC courts may recognize and enforce foreign judgments in accordance with the requirements of PRC Civil Procedures
Law based either on treaties between China and the country where the judgment is made or on reciprocity between jurisdictions. China does
not have any treaties or other form of reciprocity with the United States or the Cayman Islands that provide for the reciprocal recognition
and enforcement of foreign judgments. In addition, according to the PRC Civil Procedures Law, courts in the PRC will not enforce a foreign
judgment against us or our directors and officers if they decide that the judgment violates the basic principles of PRC law or national
sovereignty, security or public interest. As a result, it is uncertain whether and on what basis a PRC court would enforce a judgment
rendered by a court in the United States or in the Cayman Islands.

<div align='center'>TAXATION</div>

Material income tax consequences relating to the
purchase, ownership and disposition of any of the securities offered by this prospectus will be set forth in the applicable prospectus
supplement relating to the offering of those securities