Company: BTBT
Filing Date: 2025-06-11
Form Type: S-3/A
Source: 0001213900-25-053489
Chunk: 10

Company: Bit Digital, Inc
Filing Date: 2025-06-11
Form: S-3/A
Chunk 10
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 summary is qualified in its
entirety by reference to the more detailed information appearing elsewhere in this prospectus or incorporated herein by reference. Each
prospective investor is urged to read this prospectus, the applicable prospectus supplement, any related free writing prospectus, including
the risks of investing in the securities discussed under the heading “Risk Factors” contained in the applicable prospectus
supplement and any free writing prospectus, and under such headings in the documents incorporated herein by reference in their entirety.
You should also carefully read the information incorporated by reference into this prospectus, including our financial statements and
the exhibits to the registration statement of which this prospectus is a part. See the section of this prospectus titled “Where
You Can Find More Information.” Investment in the securities offered hereby involves a high degree of risk. See “Risk Factors.”

All references to “we,” “us,”
“our,” “Company,” “Registrant” or similar terms used in this prospectus refer to Bit Digital, Inc.,
a Cayman Islands exempted company (“Bit Digital”), including its consolidated subsidiaries, unless the context otherwise
indicates. We currently conduct our business through Bit Digital Strategies Limited, a Hong Kong company; Bit Digital Singapore Pte.
Ltd.; Bit Digital U.S.A. Inc., a Delaware corporation and our operating entity in the United States; Bit Digital Canada, Inc. a Canadian
company, and WhiteFiber Inc., an exempted company with limited liability incorporated and registered in the Cayman Islands, WhiteFiber
AI, Inc., a Delaware corporation and its wholly-owned subsidiaries WhiteFiber HPC, Inc., a Delaware corporation, WhiteFiber Iceland,
an Icelandic corporation and Enovum Data Centers Corp., a Canadian subsidiary of WhiteFiber, Inc. When we refer to “you,”
we mean the holders of the applicable type of securities.

Our Business

Overview

Bit Digital, Inc. or the “Company”,
is a global platform for high performance computing (“HPC”) infrastructure and digital asset production, with headquarters
in New York City. The Company’s HPC business operates under the WhiteFiber Inc. (“WhiteFiber”) brand. Our operations
are located in the US, Canada, and Iceland.

HPC Business

We are a leading provider of high-performance
computing (“HPC”) data centers and cloud-based HPC graphics processing units (“GPU”) services, which we term
cloud services, for customers such as artificial intelligence (“AI”) and machine