Company: BTBT
Filing Date: 2025-10-01
Form Type: 424B5
Source: 0001213900-25-094778
Chunk: 135

Company: Bit Digital, Inc
Filing Date: 2025-10-01
Form: 424B5
Chunk 135
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 this prospectus titled “Where You Can Find
More Information.” Investment in the securities offered hereby involves a high degree of risk. See “Risk Factors.”

All references to “we,” “us,”
“our,” “Company,” “Registrant” or similar terms used in this prospectus refer to Bit Digital, Inc.,
a Cayman Islands exempted company (“Bit Digital”), including its consolidated subsidiaries, unless the context otherwise
indicates. We currently conduct our business through Bit Digital Strategies Limited, a Hong Kong company; Bit Digital Singapore Pte.
Ltd.; Bit Digital U.S.A. Inc., a Delaware corporation and our operating entity in the United States; Bit Digital Canada, Inc. a Canadian
company, and WhiteFiber Inc., an exempted company with limited liability incorporated and registered in the Cayman Islands, WhiteFiber
AI, Inc., a Delaware corporation and its wholly-owned subsidiaries WhiteFiber HPC, Inc., a Delaware corporation and WhiteFiber Iceland,
an Icelandic corporation and Enovum Data Centers Corp., a Canadian subsidiary of WhiteFiber, Inc. When we refer to “you,”
we mean the holders of the applicable type of securities.

Our Business

Overview

Bit Digital, Inc. or the “Company”,
is a global platform for high performance computing (“HPC”) infrastructure and digital asset production, with headquarters
in New York City. The Company’s HPC business operates under the WhiteFiber Inc. (“WhiteFiber”) brand. Our operations
are located in the US, Canada, and Iceland.

HPC Business

We are a leading provider of high-performance computing
(“HPC”) data centers and cloud-based HPC graphics processing units (“GPU”) services, which we term cloud services,
for customers such as artificial intelligence (“AI”) and machine learning (“ML”) developers. Our HPC Tier-3 data
centers provide hosting and colocation services and are developed and operated by our wholly-owned subsidiary, Enovum. Our cloud services
are provided by our WhiteFiber AI, Inc subsidiary. Collectively, we refer to these offerings as our HPC Business.

On October 11, 2024, we significantly expanded our
HPC data center operations and capabilities by acquiring Enovum Data Centers Corp. (“Enovum”), a Tier-3 HPC data center platform
based in Montreal, Canada. Through Enovum, we lease and operate a 4MW AI data center located in Montreal, Canada (“MTL 1”