Company: BTBT
Filing Date: 2025-09-29
Form Type: 424B5
Source: 0001213900-25-093122
Chunk: 8

Company: Bit Digital, Inc
Filing Date: 2025-09-29
Form: 424B5
Chunk 8
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 in the notes. You should read this entire prospectus supplement carefully, including accompanying prospectus, the “Risk Factors” section in this prospectus supplement, the risks set forth under the heading “Risk Factors” in the 2024 Form 10-K, the Second Quarter 2025 10-Q, the September 29 8-K and the other documents incorporated by reference in this prospectus supplement and the accompanying prospectus, prior to making an investment decision.

<div align='center'>Our Business</div>

Overview

The Company is a publicly traded digital asset platform focused on Ethereum (ETH)-native treasury and staking strategies. We began accumulating and staking ETH in 2022 and now operate one of the largest institutional Ethereum staking infrastructures globally, with approximately 121,252 ETH accumulated as of August 31, 2025. Our platform includes advanced validator operations, institutional-grade custody, active protocol governance, and yield optimization. Through strategic partnerships across the ETH ecosystem, the Company aims to deliver exposure to secure, scalable, and compliant access to onchain yield. The Company’s high performance computing (“HPC”) business operates under the WhiteFiber Inc. (“WhiteFiber”) brand. Our operations are primarily located in the US, Canada, and Iceland.

Given increased regulatory clarity, including the recently passed GENIUS Act, we view ETH as a digitally native store of value and foundational infrastructure for decentralized applications and stablecoins. Accordingly, we intend to grow our ETH position over time, supported by staking rewards. Through staking, we earn rewards that can be reinvested into ETH or used for general corporate purposes. We believe that our strategy will drive growth in ETH per ordinary share outstanding.

We safeguard our ETH using institutional-grade custodians, including Fireblocks Inc. and Cactus Custody Holding Company. Over time, management expects ETH holdings and staking income to represent the primary source of shareholder value. This strategy marks a significant evolution of our business model, aligning our capital structure and value proposition with the performance of ETH and associated network economics. We believe this approach offers investors a liquid, regulated vehicle for long-term ETH exposure, combining capital markets access with the income potential of Ethereum’s proof-of-stake network.

Net proceeds from this offering will primarily be used to purchase
Ethereum and may be used by the Company for general corporate purposes, including potential investments, acquisitions and other business
opportunities relating to digital assets.

We have commenced a strategic alternatives process for our bitcoin mining operations that is