Company: BTBT
Filing Date: 2025-06-25
Form Type: 424B5
Source: 0001213900-25-057815
Chunk: 27

Company: Bit Digital, Inc
Filing Date: 2025-06-25
Form: 424B5
Chunk 27
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 naked short position,
they will purchase ordinary shares in the open market to cover the position.

The underwriters have advised us that, pursuant
to Regulation M of the Securities Act of 1933, they may also engage in other activities that stabilize, maintain or otherwise affect the
price of the ordinary shares, including the imposition of penalty bids. This means that if the representatives purchase ordinary shares
in the open market in stabilizing transactions or to cover short sales, the representatives can require the underwriters that sold those
ordinary shares as part of this offering to repay the underwriting discount received by them.

These activities may have the effect of raising
or maintaining the market price of the ordinary shares or preventing or retarding a decline in the market price of the ordinary shares,
and, as a result, the price of the ordinary shares may be higher than the price that otherwise might exist in the open market. If the
underwriters commence these activities, they may discontinue them at any time. The underwriters may carry out these transactions
on the Nasdaq, in the over-the-counter market or otherwise.

Other than in the United States, no action has
been taken by us or the underwriters that would permit a public offering of the securities offered by this prospectus supplement in any
jurisdiction where action for that purpose is required. The securities offered by this prospectus supplement may not be offered or sold,
directly or indirectly, nor may this prospectus supplement or any other offering material or advertisements in connection with the offer
and sale of any such securities be distributed or published in any jurisdiction, except under circumstances that will result in compliance
with the applicable rules and regulations of that jurisdiction. Persons into whose possession this prospectus supplement comes are advised
to inform themselves about and to observe any restrictions relating to the offering and the distribution of this prospectus supplement.
This prospectus supplement does not constitute an offer to sell or a solicitation of an offer to buy any securities offered by this prospectus
supplement in any jurisdiction in which such an offer or a solicitation is unlawful.

Certain of the underwriters and their affiliates
have provided in the past to us and our affiliates and may provide from time to time in the future certain commercial banking, financial
advisory, investment banking and other services for us and such affiliates in the ordinary course of their business, for which they have
received and may continue to receive customary fees and commissions. In addition, from time to time, certain of the underwriters and their
affili