Company: BTBT
Filing Date: 2025-10-31
Form Type: S-3ASR
Source: 0001213900-25-104745
Chunk: 52

Company: Bit Digital, Inc
Filing Date: 2025-10-31
Form: S-3ASR
Chunk 52
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| Use of proceeds                                                   |     | We currently intend to use the net proceeds from this offering, if any, primarily to purchase Ethereum and may use the net proceeds for general corporate purposes, including potential investments, acquisitions and other business opportunities relating to digital assets. See “Use of Proceeds” for additional information. See the section of this prospectus supplement entitled “Use of Proceeds” beginning on page S-9 for additional detail. |
| Trading symbol                                                    |     | Our ordinary shares are listed on the Nasdaq Capital Market under the symbol “BTBT.”                                                                                                                                                                                                                                                                                                                                                                   |
| Risk factors                                                      |     | Investing in our securities involves a high degree of risk. See “Risk Factors” beginning on page S-4 and other information included or incorporated in this prospectus supplement for a discussion of factors you should carefully consider before investing in our securities.                                                                                                                                                                        |

The number of ordinary shares to be outstanding immediately after this offering is based on 322,140,256ordinary shares outstanding as of October 20, 2025 and does not give effect to the exercise of any outstanding options, restricted stock units or other awards granted under our equity incentive plans, the conversion of preference shares to ordinary shares or the conversion of our 4.00% Convertible Senior Notes due 2030 (the “2030 convertible notes”) to ordinary shares. To the extent equity awards vest or are exercised, or to the extent preference shares or the 2030 convertible notes are converted to ordinary shares, there may be further dilution to new investors.

<div align='center'>S-3

RISK FACTORS</div>

An investment in our securities involves a high degree of risk. You should carefully consider and evaluate all of the information included and incorporated by reference in this prospectus, including the risk factors below, in the 2024 Form 10-K, the Second Quarter 2025 10-Q and the September 29, 2025 8-K (which are incorporated by reference into this prospectus), and other filings we make with the SEC, which are incorporated by reference into this prospectus. Those risks and uncertainties and the risks and uncertainties described below are not the only risks and uncertainties that we face. Additional risks and uncertainties that are not presently known to us or that we currently deem immaterial or that are not specific to us, such as general economic conditions, may also materially and adversely affect our business and operations. If any of those risks and uncertainties or the risks and uncertainties described below actually occurs