Company: BTBT
Filing Date: 2025-06-26
Form Type: 424B5
Source: 0001213900-25-058407
Chunk: 66

Company: Bit Digital, Inc
Filing Date: 2025-06-26
Form: 424B5
Chunk 66
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 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 ADVISORS ABOUT THE APPLICATION OF THE U.S. FEDERAL INCOME TAX LAWS TO THEIR PARTICULAR SITUATIONS AS WELL AS ANY TAX CONSEQUENCES RESULTING FROM OWNING OR DISPOSING OUR ORDINARY SHARES, INCLUDING THE APPLICABILITY AND EFFECT OF THE TAX LAWS OF ANY STATE, LOCAL OR NON-U.S. JURISDICTION, INCOME TAX TREATIES AND INCLUDING ESTATE, GIFT AND INHERITANCE LAWS.

<div align='center'>DESCRIPTION OF SHARE CAPITAL</div>

The following description sets forth certain
general terms and provisions of the ordinary shares and preference shares to which any prospectus supplement may relate.

In this “Description of Share Capital”
section, when we refer to “we,” “us” or “our” or when we otherwise refer to ourselves, we mean Bit
Digital, Inc., excluding, unless otherwise expressly stated or the