Company: BTBT
Filing Date: 2025-04-30
Form Type: S-3
Source: 0001213900-25-037166
Chunk: 67

Company: Bit Digital, Inc
Filing Date: 2025-04-30
Form: S-3
Chunk 67
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31, 2024, and our subsequent SEC filings. All forward-looking statements contained or incorporated by reference in this prospectus are expressly qualified in their entirety by these cautionary statements. Unless required by law, we undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. These cautionary statements qualify all forward-looking statements attributable to us or persons acting on our behalf. This prospectus supplement also contains or incorporates by reference data related to the bitcoin marketplace. These market data, including electricity rates, increases in hash rate and our ability to grow our business are based on a number of assumptions. The failure of bitcoin to gain acceptance in the marketplace may materially and adversely affect our business and the market price of our securities. In addition, government regulation of bitcoin subjects our growth prospects or future business or financial condition to significant uncertainties. If any one or more of the assumptions underlying the bitcoin marketplace proves to be incorrect, our actual results may materially differ. You should not place undue reliance on these forward-looking statements.

<div align='center'>S-5

RISK FACTORS</div>

Investment in our ordinary shares involves risks. Before deciding whether to invest in our ordinary shares, you should consider carefully the risk factors discussed below and those contained in the base prospectus dated April [___], 2025 and in the section entitled “Risk Factors” contained in our Annual Report on Form 10-K for the year ended December 31, 2024 (“Annual Report”), as filed with the SEC on March 14, 2025, which is incorporated herein by reference in its entirety, as well as any amendment or update to our risk factors reflected in subsequent filings with the SEC. Please note in considering the “Risk Factors” in Item 1A of our Annual Report that: (A) notwithstanding the fact that Bit Digital, Inc. has not conducted operations in the PRC since September 30, 2021, we have previously disclosed under Risk Factors in our Annual Report. “We may be subject to fines and penalties for any noncompliance with or any liabilities in our former business in China in a certain period from now on.” Although the statute of limitations for non-compliance by our former business in the PRC is generally two years and the Company has been out of the PRC, for more than two years, the Authority may still find it prior bitcoin mining operations involved a threat to financial security. In such event, the two-year period would be extended to five