Company: BTBT
Filing Date: 2025-07-03
Form Type: S-8 POS
Source: 0001213900-25-061371
Chunk: 127

Company: Bit Digital, Inc
Filing Date: 2025-07-03
Form: S-8 POS
Chunk 127
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 percentage of ownership in the Company may be diluted in the future.

In the future, your percentage
ownership in the Company may be diluted because of equity awards that we will be granting to our directors, officers and employees or
otherwise as a result of equity issuances for acquisitions or capital market transactions. Such awards will have a dilutive effect on
our earnings per share which could adversely affect the market price of or Ordinary Shares. From time to time, we will issue additional
stock-based awards to our employees under our employee benefits plans.

In addition, our amended
and restated memorandum and articles of association authorizes it to issue, without the approval of its shareholders, preference shares
of par value US$0.01 in the capital of the Company, which have enhanced rights relative to Ordinary Shares, including with respect to
dividends, liquidation preferences and voting. Accordingly, Preference Shares could affect the value of our Ordinary Shares. See “We have a dual class share structure that allows our directors to issue preference shares that could be dilutive to your interests as an ordinary shareholder.”

We do not expect to pay or declare dividends on our Ordinary Shares.

The timing, declaration,
amount and payment of any Ordinary Share dividends is within the discretion of our board of directors, and depends upon many factors,
including our financial condition, earnings, capital requirements of our operating subsidiaries, covenants associated with certain of
our potential debt service obligations, legal requirements, regulatory constraints, industry practice, ability to access capital markets,
and other factors deemed relevant. Therefore, holders of our Ordinary Shares may not receive any return on their investment in our Ordinary
Shares unless and until the value of such Ordinary Shares increases and if they are able to sell such Ordinary Shares, and there is no
assurance that any of the foregoing will occur. Moreover, if WhiteFiber determines to pay any dividend in the future, there can be no
assurance that it will continue to pay such dividends or the amount of such dividends.

<div align='center'>SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS</div>

This prospectus and the
documents incorporated herein by reference contain “forward-looking statements” within the meaning of Section 27A of
the Securities Act and Section 21E of the Exchange Act about us and our industry that involve substantial risks and uncertainties.
All statements other than statements of historical fact contained in this document and the materials accompanying this document are forward-looking
statements. These statements are based on current expectations of future events. Frequently,