Company: BTBT
Filing Date: 2025-07-15
Form Type: 424B5
Source: 0001213900-25-063950
Chunk: 15

Company: Bit Digital, Inc
Filing Date: 2025-07-15
Form: 424B5
Chunk 15
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, of our available funds and any future earnings to operate and expand our
business. Any future determination to pay dividends will be at the discretion of our board of directors, subject to applicable laws, and
will depend on our financial condition, results of operations, capital requirements, general business conditions and other factors that
our board of directors considers relevant.

<div align='center'>S-8

Capitalization</div>

The following table sets forth
our cash and cash equivalents and capitalization as of March 31, 2025:

| ● | on a historical basis; |

| ● | on an as                                                                                                                        
 further adjusted basis, giving effect to this offering and the application of the estimated net proceeds therefrom as set forth 
 under “Use of Proceeds,” based on the offering price of $3.0600 per share, after deducting placement agent fees and             
 estimated offering expenses payable by us.                                                                                      |

You should read this table
in conjunction with the financial statements, including the notes thereto, and other financial information pertaining to us incorporated
by reference in this prospectus supplement.

|                                                                                                                                                                                                                                                                                                                      |     | As of          
 March 31, 2025 |              |   |     |             |              |   |     |            |              |   |
|:---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:---------------|-------------:|:--|:----|:------------|-------------:|:--|:----|:-----------|-------------:|:--|
|                                                                                                                                                                                                                                                                                                                      |     | Actual         |              |   |     | As Adjusted |              |   |     | As Further 
 Adjusted   |              |   |
| Cash and cash equivalents                                                                                                                                                                                                                                                                                            |     | $              |   57,555,011 |   |     | $           |  220,379,318 |   |     |            |  283,723,718 |   |
| Liabilities:                                                                                                                                                                                                                                                                                                         |     |                |              |   |     |             |              |   |     |            |              |   |
| Current liabilities                                                                                                                                                                                                                                                                                                  |     |                |   48,251,037 |   |     |             |   48,251,037 |   |     |            |   48,251,037 |   |
| Non-current liabilities                                                                                                                                                                                                                                                                                              |     |                |   19,579,644 |   |     |             |   19,579,644 |