Company: BTBT
Filing Date: 2025-10-31
Form Type: S-3ASR
Source: 0001213900-25-104745
Chunk: 51

Company: Bit Digital, Inc
Filing Date: 2025-10-31
Form: S-3ASR
Chunk 51
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 in the calculation of, or application of accounting principles for, the financial results for the quarter ended September 30, 2025; and (ii) discovery of new information that affects accounting estimates, management judgment, or impacts valuation methodologies underlying these estimated results. We have presented the following preliminary estimated and unaudited data for the three months ended September 30, 2025:

|                                             |     | Three months ended 
 September 30, 2025 |             |   |     |      |             |   |
|:--------------------------------------------|:----|:-------------------|------------:|:--|:----|:-----|------------:|:--|
|                                             |     | Estimated          |             |   |     |      |             |   |
|                                             |     | Low                |             |   |     | High |             |   |
| Statement of Operations Data:               |     |                    |             |   |     |      |             |   |
| Revenue                                     |     | $                  |  28,940,801 |   |     | $    |  31,987,202 |   |
| Cost of Revenue (exclusive of depreciation) |     | $                  | (11,528,567 | ) |     | $    | (12,742,100 | ) |

In addition, we estimate that our cash and cash equivalents as of September 30, 2025 is between $173.7 million and $184.5 million, which amount includes proceeds from the initial public offering of WhiteFiber. As of September 30, 2025, the Company held approximately 122,187 ETH, which includes approximately 15,075 ETH and ETH-equivalents held in an externally managed fund, and approximately 5,142 ETH presented on as-converted basis from LsETH using the Coinbase conversion rate as of September 30, 2025.

<div align='center'>S-2</div>

THE OFFERING

| Ordinary Shares offered by us                                     |     | Up to  $2.5 billion of our ordinary shares pursuant to the Sales Agreement through or to Wainwright as sales agent or principal. See “Plan of Distribution” beginning on page S-10 of this prospectus supplement.                                                                                                                                                                                                                                      |
| Ordinary Shares to be outstanding immediately after this offering |     | Up to 946,982,507 ordinary shares (as more fully described in the paragraph                                                                                                                                                                                                                                                                                                                                                                            
 following this table), assuming sales of 625