Company: BTBT
Filing Date: 2025-10-31
Form Type: S-3ASR
Source: 0001213900-25-104745
Chunk: 61

Company: Bit Digital, Inc
Filing Date: 2025-10-31
Form: S-3ASR
Chunk 61
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 factors that our board of directors considers relevant.

<div align='center'>S-9

PLAN OF DISTRIBUTION</div>

We have entered into the Sales Agreement with
Wainwright under which we may offer and sell our ordinary shares from time to time through or to Wainwright as sales agent or principal.

Upon delivery of a sales notice and subject to
the terms and conditions of the Sales Agreement, Wainwright may sell our ordinary shares by any method permitted by law deemed to be an
“at the market offering” as defined in Rule 415 promulgated under the Securities Act, including sales made directly on or
through Nasdaq, the existing trading market for our ordinary shares, sales made to or through a market maker other than on an exchange
or otherwise, directly to Wainwright as principal, in negotiated transactions at market prices prevailing at the time of sale or at prices
related to such prevailing market prices, and/or in any other method permitted by law.

Each time we wish to sell ordinary shares under
the Sales Agreement, we will designate the maximum amount of ordinary shares to be sold by Wainwright daily (subject to the limitations
set forth in the Sales Agreement) and the minimum price per share at which such ordinary shares may be sold. Subject to the terms and
conditions of the Sales Agreement, Wainwright shall use its commercially reasonable efforts to sell on a particular day all of the ordinary
shares designated for the sale by the Company on such day. We may instruct Wainwright not to sell ordinary shares if the sales cannot
be effected at or above the price designated by us from time to time. We or Wainwright may suspend the offering of ordinary shares upon
notice and subject to other conditions.

We will pay Wainwright commissions, in cash, for
its services in acting as agent in the sale of our ordinary shares. Wainwright will be entitled to compensation at a commission rate of
up to 3.0% of the aggregate gross proceeds from each sale of our ordinary shares. Because there is no minimum offering amount required
as a condition of this offering, the actual total public offering amount, commissions and proceeds to us, if any, are not determinable
at this time. We have also agreed to reimburse Wainwright for certain fees and expenses of its legal counsel incurred in connection with
the offering of our ordinary shares pursuant to the Sales Agreement, up to a maximum of $100,000. Additionally, pursuant to the terms
of the Sales Agreement