Company: BTBT
Filing Date: 2025-07-14
Form Type: 424B5
Source: 0001213900-25-063777
Chunk: 53

Company: Bit Digital, Inc
Filing Date: 2025-07-14
Form: 424B5
Chunk 53
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 likely to be material to us levied by the Government
of the Cayman Islands except for stamp duties which may be applicable on instruments executed in, or, after execution, brought within
the jurisdiction of the Cayman Islands. No stamp duty is payable in the Cayman Islands on the issue of shares by, or any transfers of
shares of, Cayman Islands companies (except those which hold interests in land in the Cayman Islands). There are no exchange control
regulations or currency restrictions in the Cayman Islands.

Payments
of dividends and capital in respect of our Ordinary Shares will not be subject to taxation in the Cayman Islands and no withholding will
be required on the payment of a dividend or capital to any holder of our Ordinary Shares, as the case may be, nor will gains derived
from the disposal of our Ordinary Shares be subject to Cayman Islands income or corporation tax.

Certain Material United States Tax Considerations

The
following is a discussion of United States federal income tax considerations relating to the acquisition, ownership, and disposition
of our Ordinary Shares by a U.S. Holder, as defined below, that acquires our Ordinary Shares in this offering and holds our Ordinary
Shares as “capital assets” (generally, property held for investment) under the United States Internal Revenue Code of 1986,
as amended (the “Code”). This discussion is based upon existing United States federal income tax law, which is subject to
differing interpretations or change, possibly with retroactive effect. No ruling has been sought from the Internal Revenue Service (the
“IRS”) with respect to any United States federal income tax consequences described below, and there can be no assurance that
the IRS or a court will not take a contrary position.

The following summary does
not address all aspects of U.S. federal income taxation that may be important to particular investors in light of their individual circumstances
or to persons in special tax situations such as certain financial institutions, insurance companies, regulated investment companies,
real estate investment trusts, broker-dealers, traders in securities that elect mark-to-market treatment, S-corporations, partnerships
and their partners, tax-exempt organizations (including private foundations), individual retirement accounts or Roth IRAs, investors
who are not U.S. Holders, U.S. expatriates, investors that own (directly, indirectly, or constructively) 5% or more of our voting stock,
investors that hold their Ordinary Shares as part of a straddle, hedge, conversion, constructive