Company: BTBT
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110383
Chunk: 668

Company: Bit Digital, Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Part II, Item 5
Chunk 668
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.

    (5)
    Incorporated by reference
    to the Registrant’s Form 8-K filed on September 25, 2025.

     *
    This exhibit shall not
    be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities
    of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities
    Exchange Act of 1934, whether made before or after the date hereof and irrespective of any general incorporation language in any
    filings.

    **
    XBRL (Extensible Business
    Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections
    11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act
    of 1934, as amended, and otherwise is not subject to liability under these sections.

85

SIGNATURES

In
accordance with Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.

    Bit Digital,
    Inc.

    Date: November 14, 2025
    By:
    /s/
    Sam Tabar

    Sam Tabar

    Chief Executive Officer

    (Principal Executive Officer)

    Date: November 14, 2025
    By:
    /s/
    Erke Huang 

    Erke Huang

    Chief Financial Officer

    (Principal Accounting Officer)

    Date: November 14, 2025
    By:
    /s/
    Justin Zhu 

    Justin Zhu

    Chief Accounting
        Officer and Senior
        Vice President
        of Finance

    (Principal Financial Officer)

86

10221
6443
1619
3824

(a) Investment in Digital Future Alliance Limited (“DFA”)

DFA is a privately held company, over which the Company has neither control nor significant influence through investment in ordinary shares. The Company accounted for the investment in DFA using the measurement alternative at cost, less impairment, with subsequent adjustments for observable price changes resulting from orderly transactions for identical or similar investments of the same issuer.

For the three and nine months ended September 30, 2025 and 202