Company: BTBT
Filing Date: 2025-06-18
Form Type: S-3/A
Source: 0001213900-25-055565
Chunk: 30

Company: Bit Digital, Inc
Filing Date: 2025-06-18
Form: S-3/A
Chunk 30
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 purposes. U.S. Holders are urged to consult their
tax advisors regarding the U.S. federal income tax consequences of receiving, owning, and disposing of foreign currency.

Information Reporting and Backup Withholding

Dividend
payments with respect to our Ordinary Shares and proceeds from the sale, exchange or redemption of our Ordinary Shares may be subject
to information reporting to the IRS and possible U.S. backup withholding at a current rate of 24%. Backup withholding will not apply,
however, to a U.S. Holder who furnishes a correct taxpayer identification number and makes any other required certification on IRS Form
W-9 or who is otherwise exempt from backup withholding. U.S. Holders who are required to establish their exempt status generally must
provide such certification on IRS Form W-9. U.S. Holders are urged to consult their tax advisors regarding the application of the U.S.
information reporting and backup withholding rules.

Backup
withholding is not an additional tax. Amounts withheld as backup withholding may be credited against your U.S. federal income tax liability,
and you may obtain a refund of any excess amounts withheld under the backup withholding rules by filing the appropriate claim for refund
with the IRS and furnishing any required information. We do not intend to withhold taxes for individual shareholders. However, transactions
effected through certain brokers or other intermediaries may be subject to withholding taxes (including backup withholding), and such
brokers or intermediaries may be required by law to withhold such taxes.

Certain
U.S. Holders are required to report information relating to our Ordinary Shares, subject to certain exceptions (including an exception
for Ordinary Shares held in accounts maintained by certain financial institutions), by attaching a completed Internal IRS Form 8938,
Statement of Specified Foreign Financial Assets, with their tax return for each year in which they hold Ordinary Shares. U.S. Holders
should also be aware that if the Company were a PFIC, they would generally be required to file IRS Form 8261, Information Return by a
Shareholder of a Passive Foreign Investments Company or Qualified Electing Fund, during any taxable year in which such U.S. Holder recognizes
gain or receives an excess distribution or with respect to which the U.S. Holder has made certain elections.

U.S.
Holders are urged to consult their own tax advisors regarding the application of the information reporting rules to the Ordinary Shares
and their particular circumstances.

EACH PROSPECTIVE INVESTOR IS URGED TO CONSULT ITS OWN TAX ADVIS