Company: BTBT
Filing Date: 2025-06-11
Form Type: S-3/A
Source: 0001213900-25-053489
Chunk: 21

Company: Bit Digital, Inc
Filing Date: 2025-06-11
Form: S-3/A
Chunk 21
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 in protecting their interests through actions against us or our officers, directors or major shareholders than
would shareholders of a corporation incorporated in a jurisdiction in the United States.

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You may experience difficulties in effecting service of legal process and enforcing judgments against us and our management, and the ability of U.S. authorities to bring actions abroad.

Currently, a substantial portion of our operations
and personnel are located outside the United States in Canada and Iceland. A majority of the members of our Board of Directors are nationals
or residents of jurisdictions other than the United States, and a substantial portion, if not all, of their assets are located outside
the United States. As a result, it may be difficult for a shareholder to effect service of process within the United States upon these
persons, or to enforce against us or them judgments obtained in U.S. courts, including judgments predicated upon the civil liability
provisions of the securities laws of the United States or any state in the United States. Foreign countries may have no arrangement for
the reciprocal enforcement of judgments with the United States. As a result, recognition and enforcement in a foreign country of judgments
of a court in the United States and any of the other jurisdictions in relation to any matter not subject to a binding arbitration provision
may be difficult or impossible. Even if you sue successfully in a U.S. court or any other jurisdictions, you may not be able to collect
on such judgment against us or our directors and officers. In addition, the 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