Company: BTBT
Filing Date: 2025-07-15
Form Type: 424B5
Source: 0001213900-25-063950
Chunk: 17

Company: Bit Digital, Inc
Filing Date: 2025-07-15
Form: 424B5
Chunk 17
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 discussion of United States federal income tax considerations relating to the acquisition, ownership, and disposition of
our ordinary shares by a U.S. Holder, as defined below, that acquires our ordinary shares in this offering and holds our ordinary shares
as “capital assets” (generally, property held for investment) under the United States Internal Revenue Code of 1986, as amended
(the “Code”). This discussion is based upon existing United States federal income tax law in effect as of the date hereof,
which is subject to differing interpretations or change, possibly with retroactive effect. No ruling has been sought from the Internal
Revenue Service (the “IRS”) with respect to any United States federal income tax consequences described below, and there can
be no assurance that the IRS or a court will not take a contrary position.

The following summary does
not address all aspects of U.S. federal income taxation that may be important to particular investors in light of their individual circumstances
or to persons in special tax situations such as certain financial institutions, insurance companies, regulated investment companies, real
estate investment trusts, broker-dealers, traders in securities that elect mark-to-market treatment, S-corporations, partnerships and
their partners, tax-exempt organizations (including private foundations), individual retirement accounts or Roth IRAs, investors who are
not U.S. Holders, U.S. expatriates, investors that own (directly, indirectly, or constructively) 5% or more of our voting stock, investors
that hold their ordinary shares as part of a straddle, hedge, conversion, constructive sale or other integrated transaction), investors
that have a functional currency other than the U.S. dollar, investors who hold our ordinary shares in connection with a trade or business
outside the United States, all of whom may be subject to tax rules that differ significantly from those summarized below. In addition,
this discussion does not address any tax laws other than the United States federal income tax laws, including any state, local, alternative
minimum tax, estate or gift tax, non-United States tax considerations or the Medicare tax.

General

For
purposes of this discussion, a “U.S. Holder” is a beneficial owner of our ordinary shares that is, for United States federal
income tax purposes, (i) an individual who is a citizen or resident of the United States, (ii) a corporation (or other entity treated
as a corporation for United States federal income tax purposes) created in, or organized under the laws