Company: BTBT
Filing Date: 2025-06-26
Form Type: 424B5
Source: 0001213900-25-058407
Chunk: 25

Company: Bit Digital, Inc
Filing Date: 2025-06-26
Form: 424B5
Chunk 25
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 family member, (c) to a corporation, partnership, limited liability company, trust
or other business entity, (d) by will, other testamentary document or intestacy (e) by operation of law, such as pursuant to a qualified
domestic order, divorce settlement or other court order, (f) the establishment of trading plans pursuant to Rule 10b5-1(c), (g) to satisfy
tax withholding pursuant to the Company’s equity incentive plans or arrangements (h) to the Company pursuant to agreements in effect
on the date of hereof and described herein under which the Company has the option to repurchase shares or forfeit the Lock-Up Shares upon
termination of service of the undersigned, (i) in connection with any sell-to-cover or similar transactions or the “cashless exercise”
in connection with the vesting, settlement or exercise of restricted stock units, stock options, warrants or other rights to acquire ordinary
shares, (j) in open market transactions after the completion of this offering and (k) pursuant to a bona fide third-party tender offer,
merger, consolidation or other similar transaction approved by our board of directors and made to all holders of holders involving a change
in control, provided that if such transaction is not completed, all such lock-up shares would remain subject to the restrictions in the
immediately preceding paragraph.

The representative may, in its sole discretion
and at any time or from time to time, release all or any portion of the ordinary shares subject to the lock-up agreement. Any determination
to release any ordinary shares would be based upon a number of factors at the time of determination, which may include the market price
of the ordinary shares, the liquidity of the trading market of the ordinary shares, general market conditions, the number of ordinary
shares and the timing, purposes and terms of the proposed sale or other transfer. The representative does not have any present intention,
agreement or understanding, implicit or explicit, to release any of the ordinary shares or other securities subject to the lock-up agreements
prior to the expiration of the lock-up period described above.

We have agreed to indemnify the underwriters against
certain liabilities, including liabilities under the Securities Act.

Our ordinary shares are listed on the Nasdaq Capital
Market (the “Nasdaq”) under the symbol “BTBT.”

<div align='center'>S-16</div>

In connection with this offering, the underwriters
may engage in stabilizing transactions, which involves making bids