Company: BTBT
Filing Date: 2025-09-29
Form Type: 424B5
Source: 0001213900-25-093122
Chunk: 29

Company: Bit Digital, Inc
Filing Date: 2025-09-29
Form: 424B5
Chunk 29
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 or changed securities analysts’ reports or recommendations 
 regarding us;                                                              |

| ● | legal proceedings involving        
 our company, our industry or both; |

| ● | changes in market valuations  
 of companies similar to ours; |

| ● | the prospects of the industry 
 in which we operate;          |

| ● | speculation or reports                                                              
 by the press or investment community with respect to us or our industry in general; |

| ● | fluctuations in the market                
 price of crypto assets, notably Ethereum; |

| ● | the level of short interest 
 in our shares; and          |

| ● | other risks, uncertainties                                                    
 and factors described in our 2024 Form 10-K and the Second Quarter 2025 10-Q. |

In addition, the stock markets in general have experienced extreme volatility that has often been unrelated to the operating performance of issuers. These broad market fluctuations may negatively impact the price or liquidity of our ordinary shares. When the price of a stock has been volatile, holders of that stock have sometimes instituted securities class action litigation against the issuer, which requires significant management time and attention, resulting in significant legal expenses and potential damages.

The trading price of WhiteFiber’s ordinary shares may fluctuate significantly and WhiteFiber’s financial condition, results of operations and its ability to meet its targeted expectations may be impacted due to a number of factors.

On August 8, 2025, WhiteFiber
completed its initial public offering and its ordinary shares trading as a separate publicly traded company on the Nasdaq Stock Market
LLC under the symbol “WYFI.” The market price of WhiteFiber ordinary shares may fluctuate significantly and WhiteFiber’s
financial condition, results of operations and its ability to meet its targeted expectations may be impacted due to a number of factors,
some of which may be beyond WhiteFiber’s control, including:

| ● | actual or anticipated fluctuations in our financial condition and operating results or those of companies 
 perceived to be similar to WhiteFiber;                                                                    |

| ● | actual or anticipated changes in its growth rate relative to its competitors in the rapidly evolving industries 
 in which it operates;                                                                                           |

| ● | the capital-intensive nature of the industries in which it operates and its ability to successfully raise                                 
 capital on favorable terms or at all. For example, without obtaining additional debt financing, WhiteFiber will not have sufficient funds 
 to retrofit NC-1 into a HPC data center or achieve its estimated 76 MW (gross) of total