Company: BTBT
Filing Date: 2025-04-30
Form Type: S-3
Source: 0001213900-25-037166
Chunk: 74

Company: Bit Digital, Inc
Filing Date: 2025-04-30
Form: S-3
Chunk 74
---
 this “at the market offering,” Wainwright may be deemed to be an “underwriter” within the meaning
of the Securities Act and the compensation of Wainwright may be deemed to be underwriting commissions or discounts. We have agreed to
provide indemnification and contribution to Wainwright against certain civil liabilities, including liabilities under the Securities Act
or the Exchange Act.

The offering of our ordinary shares pursuant to
the Sales Agreement will terminate upon the earlier of (i) the sale of all of our ordinary shares provided for in this prospectus supplement
or (ii) termination of the Sales Agreement as provided therein.

To the extent required by Regulation M, Wainwright
will not engage in any market making activities involving our ordinary shares while the offering is ongoing under this prospectus.

Wainwright and its affiliates may in the future
provide various investment banking and other financial services for us and our affiliates, for which services they may in the future receive
customary fees.

<div align='center'>S-9

LEGAL MATTERS</div>

Davidoff Hutcher & Citron LLP is acting
as counsel for the Company in connection with the offering. The validity of its ordinary shares and certain legal matters as to
Cayman Islands law will be passed upon for us by Ogier (Cayman) LLP. Ellenoff Grossman & Schole LLP is acting as counsel for Wainwright in
connection with this offering.

<div align='center'>EXPERTS</div>

The financial statements and the related financial
statement schedule, incorporated in this prospectus by reference from the Company’s annual report on Form 10-K for the year ended
December 31, 2024, have been audited Audit Alliance LLP, as stated in their reports, which are incorporated herein by reference. Such
financial statements and financial statement schedule have been so incorporated in reliance upon the reports of such firms given upon
their authority as experts in accounting and auditing.

<div align='center'>WHERE YOU CAN FIND MORE INFORMATION</div>

We file reports with the SEC on an annual basis
using Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. The SEC maintains a website that contains annual, quarterly,
and current reports, proxy statements, and other information that issuers (including us) file electronically with the SEC. The SEC’s
website address is http://www.sec.gov. You can also obtain copies of materials we file with the SEC from our Internet website found at