Company: BTBT
Filing Date: 2025-07-03
Form Type: S-8 POS
Source: 0001213900-25-061371
Chunk: 131

Company: Bit Digital, Inc
Filing Date: 2025-07-03
Form: S-8 POS
Chunk 131
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 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 jurisdiction 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, so far as
the liabilities imposed by those provisions are penal in nature.

Tian Yuan Law Firm has further advised us that the recognition and enforcement of foreign judgments are subject
to compliance with the PRC Civil Procedures Law and relevant civil procedure requirements in the PRC. PRC courts may recognize and enforce
foreign judgments in accordance with the requirements of PRC Civil Procedures Law based either on treaties between China and the country
where the judgment is made or on reciprocity between jurisdictions. China does not have any treaties or other form of recipro