Company: BTBT
Filing Date: 2025-10-01
Form Type: 424B5
Source: 0001213900-25-094778
Chunk: 152

Company: Bit Digital, Inc
Filing Date: 2025-10-01
Form: 424B5
Chunk 152
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 PFIC for
any year during which a U.S. Holder held our Ordinary Shares, we generally would continue to be treated as a PFIC for all succeeding
years during which such U.S. Holder held our Ordinary Shares even if we cease to be a PFIC in subsequent years, unless certain elections
(described below) are made.

<div align='center'>8</div>

If
we are a PFIC for your taxable year(s) during which you hold Ordinary Shares, you will be subject to special tax rules with respect to
any “excess distribution” that you receive and any gain you realize from a sale or other disposition (including a pledge)
of the Ordinary Shares, unless you make a “mark-to-market” election as discussed below. Distributions you receive in a taxable
year that are greater than 125% of the average annual distributions you received during the shorter of the three preceding taxable years
or your holding period for the Ordinary Shares will be treated as an excess distribution. Under these special tax rules:

| ● | the excess distribution                                                                                                              
 or gain will be allocated ratably over your holding period for the Ordinary Shares;                                                  |
| ● | the amount allocated to                                                                                                              
 your current taxable year, and any amount allocated to any of your taxable year(s) prior to the first taxable year in which we were  
 a PFIC, will be treated as ordinary income, and                                                                                      |
| ● | the amount allocated to                                                                                                              
 each of your other taxable year(s) will be subject to the highest tax rate in effect for that year, and an interest charge generally 
 applicable to underpayments of tax will be imposed on the resulting tax attributable to each such year.                              |

The tax liability for amounts
allocated to years prior to the year of disposition or “excess distribution” cannot be offset by any net operating losses
for such years, and gains (but not losses) realized on the sale of the Ordinary Shares cannot be treated as capital, even if you hold
the Ordinary Shares as capital assets.

A
U.S. Holder of “marketable stock” (as defined below) in a PFIC may make a mark-to-market election for such stock to elect
out of the tax treatment discussed above. If you make a mark-to-market election for first taxable year which you hold (or are deemed
to hold) Ordinary Shares and for which we are determined to be a PFIC, you will include in your income each year an amount equal to the
excess,