Company: BTBT
Filing Date: 2025-07-15
Form Type: 424B5
Source: 0001213900-25-063950
Chunk: 28

Company: Bit Digital, Inc
Filing Date: 2025-07-15
Form: 424B5
Chunk 28
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, agreement or understanding,
implicit or explicit, to release any of the ordinary shares or other securities subject to the lock-up agreements prior to the expiration
of the lock-up period described above.

Regulation M

The placement agent may be deemed to be an underwriter
within the meaning of Section 2(a)(11) of the Securities Act, and any commissions received by it and any profit realized on the resale
of the securities sold by it while acting as principal might be deemed to be underwriting discounts or commissions under the Securities
Act. As an underwriter, the placement agent would be required to comply with the requirements of the Securities Act and the Exchange
Act, including, without limitation, Rule 415(a)(4) under the Securities Act and Rule 10b-5 and Regulation M under the Exchange Act.
These rules and regulations may limit the timing of purchases and sales of our securities by the placement agent acting as principal.
Under these rules and regulations, the placement agent:

| ● | may not engage in any stabilization activity in connection 
 with our securities; and                                   |

| ● | may not bid for or purchase any of our securities or attempt                                                                                     
 to induce any person to purchase any of our securities, other than as permitted under the Exchange Act, until it has completed its participation 
 in the distribution.                                                                                                                             |

Indemnification

We have agreed to indemnify the placement agent
against certain liabilities, including liabilities under the Securities Act of 1933, as amended, or the Securities Act, and the Exchange
Act. We have also agreed to contribute to payments the placement agent may be required to make in respect of such liabilities.

The foregoing does not purport
to be a complete statement of the terms and conditions of the placement agency agreement. A copy of the placement agency agreement will
be included as an exhibit to our Current Report on Form 8-K that will be filed with the SEC and incorporated by reference into the Registration
Statement of which this prospectus supplement forms a part. See “Where You Can Find More Information.”

Notice to Prospective Investors in Canada (Alberta, British Columbia, Manitoba, Ontario and Québec Only)

This document constitutes
an “exempt offering document” as defined in and for the purposes of applicable Canadian securities laws. No prospectus has
been filed with any securities commission or similar regulatory authority in Canada in connection with the offer and sale of our ordinary
shares described herein (the “Securities”). No securities commission or similar regulatory authority in Canada has reviewed