Company: BTBT
Filing Date: 2025-06-26
Form Type: 424B5
Source: 0001213900-25-058407
Chunk: 54

Company: Bit Digital, Inc
Filing Date: 2025-06-26
Form: 424B5
Chunk 54
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 use the net proceeds from the sale of securities under this prospectus for general corporate purposes, which may include
capital expenditures, funding potential acquisitions of additional new mining equipment, cloud services equipment, other potential acquisitions,
and general working capital. We will set forth in a prospectus supplement relating to a specific offering any intended use for the net
proceeds received from the sale of securities in that offering. We will have significant discretion in the use of any net proceeds. Investors
will be relying on the judgment of our management regarding the application of the proceeds of any sale of securities. We may invest
the net proceeds temporarily until we use them for their stated purpose, as applicable.

<div align='center'>ENFORCEABILITY OF CIVIL LIABILITIES</div>

We were incorporated in the Cayman Islands in
order to enjoy the following benefits:

| ● | political and economic                
 stability;                            |
| ● | an effective judicial system;         |
| ● | a favorable tax system;               |
| ● | the absence of exchange               
 control or currency restrictions; and |
| ● | the availability of professional      
 and support services.                 |

Our corporate affairs are governed by our amended
and restated memorandum and articles of association and by the Companies Act (Revised) of the Cayman Islands and common law of the Cayman
Islands. The rights of shareholders to take legal action against our directors and us, actions by minority shareholders and the fiduciary
responsibilities of our directors to us under Cayman Islands law are to a large extent governed by the common law of the Cayman Islands.
The common law of the Cayman Islands is derived in part from comparatively limited judicial precedent in the Cayman Islands as well as
from English common law. Appeals from the Cayman Islands Courts to the Privy Council (which is the final court of appeal for British
overseas territories, such as the Cayman Islands) are binding on courts in the Cayman Islands. Decisions of the English courts, and particularly
the Supreme Court of the United Kingdom and the Court of Appeal are generally of persuasive authority but are not binding on the courts
of the Cayman Islands. Decisions of courts in other Commonwealth jurisdictions are similarly of persuasive but not binding authority.
The rights of our shareholders and the fiduciary responsibilities of our directors under Cayman Islands law are not as clearly established
as they would be under statutes or judicial precedents in the United States. In particular, the Cayman Islands has a different body of