Company: BTBT
Filing Date: 2025-04-30
Form Type: S-3
Source: 0001213900-25-037166
Chunk: 66

Company: Bit Digital, Inc
Filing Date: 2025-04-30
Form: S-3
Chunk 66
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 Subsequently,
we have ceased our native staking with MarsLand in the first quarter of 2024 and initiated our native staking with Figment Inc.

We started participating in liquid staking via
Liquid Collective protocol on the Coinbase platform in the first quarter of 2023. Liquid staking allows participants to achieve greater
capital efficiency by utilizing their staked ETH as collateral and trading their staked ETH tokens on the secondary market. In the first
quarter of 2024, we have reclaimed all the liquid staked ETH from Liquid Collective protocol.

Our executive offices are located at 31 Hudson
Yards, Floor 11, New York, NY, 10001 and our telephone number is (212) 463-5121. The information on our website does not constitute part
of this prospectus.

<div align='center'>S-4</div>

THE OFFERING

| Ordinary Shares offered by us pursuant to this prospectus       |     | Ordinary shares, $0.01 par value, having an aggregate offering price of up to $500 million.                                                                                                                                                                                                  |
| Ordinary Shares outstanding immediately after this offering (1) |     | Up to 236,466,825 ordinary shares, assuming a sales price of $2.11                                                                                                                                                                                                                           
 per share, which was the closing price on the Nasdaq Capital Market on April 28, 2025. The actual number of shares outstanding will vary                                                                                                                                                     
 depending on the price which ordinary shares may be sold from time to time during this offering.                                                                                                                                                                                             |
| Manner of offering                                              |     | “At the market offering” that may be made from time to time on the Nasdaq Capital Market or other market for our ordinary shares in the U.S. through our sales agent, H.C. Wainwright & Co., LLC. See the section entitled “Plan of Distribution” on page S-9 of this prospectus supplement. |
| Share Capital                                                   |     | We are a Cayman Islands exempted company and our                                                                                                                                                                                                                                             
 affairs are governed by our memorandum and articles of association and the Companies Act of the Cayman Islands. Our authorized capital                                                                                                                                                       
 is US$3,500,000 consisting of 340,000,000 ordinary shares, par value US$0.01                                                                                                                                                                                                                 
 each, and 10,000,000 preference shares, par value US$0.01 each.                                                                                                                                                                                                                              
 For more information about our ordinary shares,                                                                                                                                                                                                                                              
 you should carefully read the section in the accompanying base