Company: BTBT
Filing Date: 2025-09-29
Form Type: 424B5
Source: 0001213900-25-093122
Chunk: 95

Company: Bit Digital, Inc
Filing Date: 2025-09-29
Form: 424B5
Chunk 95
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 ● | real estate investment                                                                                                             
 trusts;                                                                                                                            |
| ● | regulated investment companies;                                                                                                    |
| ● | brokers or dealers in securities;                                                                                                  |
| ● | traders in securities that                                                                                                         
 elect to use a mark-to-market method of accounting;                                                                                |
| ● | expatriates, certain former                                                                                                        
 citizens or long-term residents of the United States;                                                                              |
| ● | persons that elect to mark                                                                                                         
 their securities to market;                                                                                                        |
| ● | persons who hold notes                                                                                                             
 or ordinary shares as part of a hedging, integrated, straddle, synthetic security, conversion or constructive sale transaction for 
 U.S. federal income tax purposes;                                                                                                  |
| ● | persons who file applicable                                                                                                        
 financial statements required to recognize income when associated revenue is reflected on such financial statements;               |
| ● | corporations that accumulate                                                                                                       
 earnings to avoid U.S. federal income tax;                                                                                         |
| ● | persons that have a functional                                                                                                     
 currency other than the U.S. dollar; and                                                                                           |
| ● | persons that actually or                                                                                                           
 constructively own 10% or more of our stock by vote or value.                                                                      |

This discussion does not address any U.S. state or local or non-U.S. tax considerations or any U.S. federal estate, gift, alternative minimum tax or Medicare contribution tax considerations.

Each prospective investor
of the notes or ordinary shares should consult its tax advisors as to the particular U.S. federal income tax considerations to it of owning
and disposing of the notes or ordinary shares, as well as the effects of other U.S. federal tax laws or state, local and non-U.S. tax
laws.

For purposes of this discussion,
a “U.S. Holder” is a beneficial owner of the notes or ordinary shares that is for U.S. federal income tax purposes:

| ● | an                                                            
 individual who is a citizen or resident of the United States; |

| ● | a                                                                                                
 corporation (including any entity treated as a corporation for U.S. federal income tax purposes) 
 created or organized in or under the laws of the United States or any state thereof or the       
 District of Columbia;                                                                            |

<div align='center'>S-56</div>

| ● | an                                                                                       
 estate whose income is subject to U.S. federal income taxation regardless of its source; 
 or                                                                                       |

| ● | a                                                                                              
 trust, (i) the administration of which is subject to the