Company: BTBT
Filing Date: 2025-09-29
Form Type: 424B5
Source: 0001213900-25-093122
Chunk: 150

Company: Bit Digital, Inc
Filing Date: 2025-09-29
Form: 424B5
Chunk 150
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 Ordinary Shares during any taxable year that we are a PFIC, the U.S. Holder must generally file an annual Internal
Revenue Service Form 8621 and provide such other information as may be required by the U.S. Treasury Department, whether or not a mark-to-market
election is or has been made. If we are or become a PFIC, you should consult your tax advisor regarding any reporting requirements that
may apply to you.

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You are urged to consult your tax advisors regarding the application of the PFIC rules to your investment in our Ordinary Shares and the elections discussed above.

Receipt of Foreign Currency

The
gross amount of any payment in a currency other than U.S. dollars will be included by each U.S. Holder in income in a U.S. dollar amount
calculated by reference to the exchange rate in effect on the day such U.S. Holder actually or constructively receives the payment in
accordance with its regular method of accounting for U.S. federal income tax purposes regardless of whether the payment is in fact converted
into U.S. dollars at that time. If the foreign currency is converted into U.S. dollars on the date of the payment, the U.S. Holder is
not generally required to recognize any foreign currency gain or loss with respect to the receipt of foreign currency. If, instead, the
foreign currency is converted at a later date, any currency gains or losses resulting from the conversion of the foreign currency is
generally treated as U.S. source ordinary income or loss for U.S. foreign tax credit purposes. U.S. Holders are urged to consult their
tax advisors regarding the U.S. federal income tax consequences of receiving, owning, and disposing of foreign currency.

Information Reporting and Backup Withholding

Dividend
payments with respect to our Ordinary Shares and proceeds from the sale, exchange or redemption of our Ordinary Shares may be subject
to information reporting to the IRS and possible U.S. backup withholding at a current rate of 24%. Backup withholding will not apply,
however, to a U.S. Holder who furnishes a correct taxpayer identification number and makes any other required certification on IRS Form
W-9 or who is otherwise exempt from backup withholding. U.S. Holders who are required to establish their exempt status generally must
provide such certification on IRS Form W-9. U.S. Holders are urged to consult their tax advisors regarding the application of the U.S.
information reporting and backup withholding rules.

Backup