# EDGAR Filing Document

**Accession Number:** 0001796514
**File Stem:** 0001213900-26-044951
**Filing Date:** 2026-4
**Character Count:** 29317
**Document Hash:** e05cdadad4516dced1e7ca95580599c6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-26-044951.hdr.sgml**: 20260417

**ACCESSION NUMBER**: 0001213900-26-044951

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 15

**FILED AS OF DATE**: 20260417

**EFFECTIVENESS DATE**: 20260417

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BTC Digital Ltd.
- **CENTRAL INDEX KEY:** 0001796514
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-295119
- **FILM NUMBER:** 26869923

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 3RD FLOOR, TOWER A, 2 SHENYUN ROAD WEST
- **STREET 2:** NANSHAN DISTRICT, GUANGDONG PROVINCE
- **CITY:** SHENZHEN
- **PROVINCE COUNTRY:** F4
- **BUSINESS PHONE:** 0118675582945250

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 3RD FLOOR, TOWER A, 2 SHENYUN ROAD WEST
- **STREET 2:** NANSHAN DISTRICT, GUANGDONG PROVINCE
- **CITY:** SHENZHEN
- **PROVINCE COUNTRY:** F4

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DTC Digital Ltd.
- **DATE OF NAME CHANGE:** 20230816

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Meten Holding Group Ltd.
- **DATE OF NAME CHANGE:** 20210901

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Meten EdtechX Education Group Ltd.
- **DATE OF NAME CHANGE:** 20191211

**As filed with the Securities and Exchange Commission on April 17, 2026.**

**Registration No. 333-** 

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM S-8**

**REGISTRATION STATEMENT**

**UNDER**

**THE SECURITIES ACT OF 1933**

**BTC Digital Ltd.**

(Exact Name of Registrant as Specified in Its Charter)

---

| | |
|:---|:---|
| **Cayman Islands** | **Not Applicable** |
| (State or Other Jurisdiction of | (I.R.S. Employer |
| Incorporation or Organization) | Identification No.) |

---

**61 Robinson Road Level 6 & 7**

**#738, Singapore 068893<br> +65 6022 2515**

(Address, Including Zip Code, of Principal Executive Offices)

**2020 Share Incentive Plan of BTC Digital Ltd.**

(Full Title of the Plan)

**Puglisi & Associates<br> 850 Library Avenue, Suite 204<br> Newark, Delaware 19711<br> +1 302-738-6680**

(Name, Address and Telephone Number, Including Area Code, of Agent for Service)

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.:

Large accelerated filer ☐ Accelerated filer ☐ <br> Non-accelerated filer ☒ Smaller reporting company ☒ <br> Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

**EXPLANATORY NOTE**

BTC Digital Ltd. (the "Registrant" or the "Company") filed with the U.S. Securities and Exchange Commission (the "SEC") registration statements on Form S-8 on September 18, 2020 (Registration No. [333-248883](http://www.sec.gov/Archives/edgar/data/1796514/000121390020027234/ea126158-s8_metenedtechx.htm)), December 30, 2020 (Registration No. [333-251806](http://www.sec.gov/Archives/edgar/data/1796514/000121390020045263/ea132296-s8_metenedtechx.htm)), June 10, 2021 (Registration No. [333-256987](http://www.sec.gov/Archives/edgar/data/1796514/000121390021031918/ea142477-s8_metenedtechx.htm)), September 21, 2022 (Registration No. [333-267536](http://www.sec.gov/Archives/edgar/data/1796514/000121390022057695/ea166010-s8_metenholding.htm)), April 10, 2023 (Registration No. [333-271205](http://www.sec.gov/Archives/edgar/data/1796514/000121390023028634/ea176494-s8_metenholding.htm)), January 19, 2024 (Registration No. [333-276629](http://www.sec.gov/Archives/edgar/data/1796514/000121390024004928/ea191881-s8_btcdigital.htm)), March 31, 2025 (Registration No. [333-286250](http://www.sec.gov/Archives/edgar/data/1796514/000121390025026026/ea0236167-s8_btcdigital.htm)), May 8, 2025 (Registration No. [333-287094](http://www.sec.gov/Archives/edgar/data/1796514/000121390025041112/ea0241262-s8_btcdigital.htm)), and April 2, 2026 ([333-294849](http://www.sec.gov/Archives/edgar/data/1796514/000121390026039297/ea0283902-s8_btc.htm)) (the "Prior Registration Statements") pursuant to and in accordance with the requirements of General Instruction E to Form S-8 under the Securities Act of 1933, as amended (the "Securities Act"), to register the Company's ordinary shares to be offered and sold under the 2020 Share Incentive Plan of the Registrant, as amended (the "Plan"). Pursuant to General Instruction E to Form S-8, the contents of the Prior Registration Statements are incorporated herein by reference.

This registration statement on Form S-8 registers, under the Securities Act, an aggregate of 25,000 ordinary shares of the Company, which represents a portion of the additional shares available for issuance in 2026 pursuant to Section 4(b) of the Plan.

This registration statement has been prepared and filed pursuant to and in accordance with the requirements of General Instruction E and General Instruction C of the General Instructions to Form S-8.

**PART I**

**INFORMATION REQUIRED IN SECTION 10(a) PROSPECTUS**

**Item 1. <u>Plan Information</u>\***

**Item 2. <u>Registrant Information and Employee Plan Annual Information</u>\***

\* Information required by Part I to be contained in the Section 10(a) prospectus is omitted from this registration statement in accordance with Rule 428 under the Securities Act and the Note to Part I of Form S-8. The documents containing information specified in this Part I will be separately provided to the participants covered by the Plan, as specified by Rule 428(b)(1) under the Securities Act.

**PART II**

**INFORMATION REQUIRED IN THE REGISTRATION STATEMENT**

**Item 3. Incorporation of Certain Documents by Reference.**

The following documents previously filed or furnished by the Registrant with the SEC are incorporated herein by reference in this Registration Statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Company's Annual Report on [Form 20-F](http://www.sec.gov/ix?doc=/Archives/edgar/data/1796514/000121390025037719/ea0237876-20f_btcdigi.htm) for its fiscal year ended December 31, 2024, filed with the SEC on April 30, 2025 (File No. 001-39258);

(b) The description of the Company's ordinary shares contained in the Company's Registration Statement on [Form F-1](http://www.sec.gov/Archives/edgar/data/1796514/000121390022054522/ea165296-f1_metenholding.htm) (File No. 333-267314), originally filed with the SEC on September 7, 2022; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) All other reports filed by the Company pursuant to Section 13(a) or 15(d) of the Exchange Act, since the end of the fiscal year covered by its Annual Report referred to in (a) above (other than information deemed to have been "furnished" rather than "filed" in accordance with the SEC's rules).

All documents filed by the Company pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act subsequent to the date hereof, prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference into this Registration Statement and to be a part hereof from the date of filing of such documents; provided, however, that, unless expressly incorporated into this registration statement, documents or information deemed to have been furnished and not filed in accordance with SEC rules shall not be deemed incorporated by reference into this Registration Statement. Any statement contained herein or in a document, all or a portion of which is incorporated or deemed to be incorporated by reference herein, shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or amended, to constitute a part of this Registration Statement.

**Item 4. Description of Securities.**

Not applicable.

**Item 5. Interests of Named Experts and Counsel.**

Not applicable.

**Item 6. Indemnification of Directors and Officers.**

Cayman Islands law does not limit the extent to which a company's articles of association may provide indemnification of officers and directors, except to the extent any such provision may be held by the Cayman Islands courts to be contrary to the public interest, such as providing indemnification against civil fraud or the consequences of committing a crime. The Registrant's amended and restated memorandum and articles of association provides for indemnification of officers and directors to maximum extent permitted by law, including for any liability incurred in their capacities as such, except through their fraud or dishonesty.

In addition, the Registrant has entered into an indemnification agreement with each of its directors and executive officers. Under these agreements, the Registrant agrees to indemnify its directors and executive officers against certain liabilities and expenses incurred by such persons in connection with claims made by reason of their being a director or officer of the Registrant.

Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers or persons controlling us pursuant to the foregoing provisions, we have been informed that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act and is theretofore unenforceable.

**Item 7. Exemption from Registration Claimed.**

Not applicable.

**Item 8. Exhibits.**

The Exhibit Index immediately preceding the exhibits is incorporated herein by reference.

**Item 9. Undertakings.**

(a) The undersigned registrant hereby undertakes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To include any prospectus required by Section 10(a)(3) of the Securities Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of a prospectus filed with the SEC pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20 percent change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective registration statement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement;

*provided, however*, that paragraphs (1)(i) and (1)(ii) do not apply if the information required to be included in the post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the SEC by the registrant pursuant to Section 13 or 15(d) of the Exchange Act that are incorporated by reference in this registration statement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

(b) The undersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

(c) Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.

**EXHIBIT INDEX**

---

| | |
|:---|:---|
| **Exhibit**<br>**Number** | <br>**Description of Exhibit** |
| 4.1 | [Amended and Restated Memorandum and Articles of Association of the Registrant Currently In Effect (incorporated herein by reference to Exhibit 4.1 of the Registrant's Registration Statement on Form S-8 filed with the SEC on January 19, 2024)](http://www.sec.gov/Archives/edgar/data/1796514/000121390024004928/ea191881ex4-1_btcdigital.htm) |
| 4.2 | [Specimen Ordinary Share Certificate of the Registrant (incorporated herein by reference to Exhibit 4.2 of the Registrant's Registration Statement on Form S-8 filed with the SEC on January 19, 2024)](http://www.sec.gov/Archives/edgar/data/1796514/000121390024004928/ea191881ex4-2_btcdigital.htm) |
| 10.1 | [2020 Share Incentive Plan of BTC Digital Ltd. (as last amended and restated on March 26, 2025) (incorporated herein by reference to the Exhibit 99.1 of the Registrant's Current Report on Form 6-K, filed with the SEC on March 28, 2025)](http://www.sec.gov/Archives/edgar/data/1796514/000101376225003826/ea023596701ex99-1_btcdigit.htm) |
| 5.1 | [Opinion of Conyers Dill & Pearman, regarding the legality of the ordinary shares being registered](ea028656401ex5-1.htm) |
| 23.1 | [Consent of Audit Alliance LLP](ea028656401ex23-1.htm) |
| 23.2 | [Consent of Conyers Dill & Pearman (included in Exhibit 5.1)](ea028656401ex5-1.htm) |
| 24.1 | [Power of Attorney (included on signature page hereto)](#a_015) |
| 107 | [Filing Fee Table](ea028656401ex-fee.htm) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Act, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Form S-8 Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Singapore, on April 17, 2026.

---

| | | |
|:---|:---|:---|
| **BTC Digital Ltd.** | **BTC Digital Ltd.** | **BTC Digital Ltd.** |
| By: | /s/ Siguang Peng | /s/ Siguang Peng |
|  | Name: | Siguang Peng |
|  | Title: | Chief Executive Officer |

---

**POWER OF ATTORNEY**

Each person whose signature appears below constitutes and appoints Siguang Peng and Yupeng Guo as his or her true and lawful attorney-in-fact and agent, with full power of substitution and re-substitution, for him or her and in his or her name, place, and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments, exhibits thereto and other documents in connection therewith) to this Registration Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act, this Registration Statement has been signed below by the following persons in the capacities and on April 17, 2026.

---

| | |
|:---|:---|
| **Name** | **Title** |
| /s/ Siguang Peng | Chief Executive Officer and Director |
| Siguang Peng | (Principal Executive Officer) |
| /s/ Yupeng Guo | Acting Chief Financial Offer |
| Yupeng Guo | (Principal Accounting Officer and Principal Financial Officer) |
| /s/ Xu Peng | Director |
| Xu Peng |  |
| /s/ Ye Ren | Independent Director |
| Ye Ren |  |
| /s/ Zhiyi Xie | Independent Director |
| Zhiyi Xie |  |
| /s/ Yuejun Jiang | Independent Director |
| Yuejun Jiang |  |

---

**SIGNATURE OF AUTHORIZED REPRESENTATIVE IN THE UNITED STATES**

Pursuant to the requirements of the Securities Act, the undersigned, the duly authorized representative in the United States of the Registrant, has signed this registration statement in Newark, Delaware on April 17, 2026.

---

| | |
|:---|:---|
| **Puglisi & Associates** | **Puglisi & Associates** |
| By: | /s/ Donald J. Puglisi |
|  | Donald J. Puglisi |
|  | Managing Director |

---

## Exhibit 5.1

**Exhibit 5.1**

---

| |
|:---|
| **CONYERS DILL & PEARMAN** |
| 29<sup>th</sup> Floor |
| One Exchange Square |
| 8 Connaught Place |
| Central |
| Hong Kong |
| T +852 2524 7106 \| F +852 2845 9268 |
| **conyers.com** |

---

17 April 2026

Matter No.: 1016777

Doc Ref: 111759986

Ryan.McConvey@conyers.com

**BTC Digital Ltd.**

61 Robinson Road Level 6 & 7

#738, Singapore 068893

Dear Sirs,

Re: **BTC Digital Ltd. (the "Company")**

We have acted as special Cayman Islands legal counsel to the Company in connection with a registration statement on Form S-8 filed by the Company with the United States Securities and Exchange Commission (the "**Commission**") on or about the date hereof (the "**Registration Statement**", which term does not include any other document or agreement whether or not specifically referred to therein or attached as an exhibit or schedule thereto), relating to the registration of an aggregate of 25,000 ordinary shares, par value US$0.06 per share (the "**Shares**") to be issued pursuant to the 2020 share incentive plan of the Company as amended and restated effective as of 26 March 2025 (the "**2020 Plan**", which term does not include any other document or agreement whether or not specifically referred to therein or attached as an exhibit or schedule thereto).

For the purposes of giving this opinion, we have examined and relied upon copies of the following documents:

(i) the Registration Statement; and

(ii) the 2020 Plan.

We have also reviewed and relied upon (1) the amended and restated memorandum of association and the amended and restated articles of association of the Company adopted on 5 March 2020 and effective on 30 March 2020 (the "**Constitutional Documents**"), (2) a copy of the written resolutions of the sole director of the Company dated 5 March 2020, a copy of the written resolutions of the sole shareholder of the Company dated 5 March 2020, a copy of minutes of a meeting of the board of directors of the Company held on 23 November 2020, a copy of minutes of a meeting of the board of directors of the Company held on 15 May 2022, a copy of minutes of a meeting of the board of directors of the Company held on 6 December 2023, a copy of the directors' unanimous written resolutions passed on 26 March 2025 and a copy of minutes of a meeting of the board of directors of the Company held on 23 March 2026 (collectively, the "**Resolutions**"), (3) a Certificate of Good Standing issued by the Registrar of Companies in relation to the Company on 31 March 2026 (the "**Certificate Date**"), and (4) such other documents and made such enquiries as to questions of law as we have deemed necessary in order to render the opinion set forth below.

We have assumed (a) the genuineness and authenticity of all signatures and the conformity to the originals of all copies of documents (whether or not certified) examined by us and the authenticity and completeness of the originals from which such copies were taken, (b) that where a document has been examined by us in draft form, it will be or has been executed and/or filed in the form of that draft, and where a number of drafts of a document have been examined by us all changes thereto have been marked or otherwise drawn to our attention, (c) the accuracy and completeness of all factual representations made in the Registration Statement and the Prospectus and other documents reviewed by us, (d) that the Resolutions have been passed at one or more duly convened, constituted and quorate meetings or by unanimous written resolutions, will remain in full force and effect and will not be rescinded or amended, (e) that the Constitutional Documents will not be amended in any manner that would affect the opinions expressed herein, (f) that the issuance of the Shares will be in accordance with the terms of the 2020 Plan, (g) that, upon the issue of the Shares, the Company will receive consideration for the full issue price thereof which shall be equal to at least the par value thereof, (h) that there is no provision of the law of any jurisdiction, other than the Cayman Islands, which would have any implication in relation to the opinions expressed herein, (i) that on the date of issuance of any of the Shares, the Company will have sufficient authorised but unissued Shares, (j) that on the date of issuance of any award under the 2020 Plan, the Company will be able to pay its liabilities as they become due, and (k) the validity and binding effect under the laws of the United States of America of the Registration Statement and that the Registration Statement and will be duly filed with the Commission.

We express no opinion with respect to the issuance of Shares pursuant to any provision of the 2020 Plan that purports to obligate the Company to issue Shares following the commencement of a winding up or liquidation. We have made no investigation of and express no opinion in relation to the laws of any jurisdiction other than the Cayman Islands. This opinion is to be governed by and construed in accordance with the laws of the Cayman Islands and is limited to and is given on the basis of the current law and practice in the Cayman Islands. This opinion is issued solely for the purposes of the filing of the Registration Statement and the issuance of the Shares by the Company and is not to be relied upon in respect of any other matter.

On the basis of and subject to the foregoing, we are of the opinion that:

1. The Company is duly incorporated and existing under the law of the Cayman Islands and, based on the Certificate
of Good Standing, is in good standing as at the Certificate Date. Pursuant to the Companies Act (the "**Act** "),
a company is deemed to be in good standing if all fees and penalties under the Act have been paid and the Registrar of Companies has no
knowledge that the Company is in default under the Act.

2. The Shares, when issued and paid for in accordance with the 2020 Plan, will be validly issued, fully paid
and non-assessable (which term means when used herein that no further sums are required to be paid by the holders thereof in connection
with the issue or holding of such shares).

We hereby consent to the filing of this opinion with the Commission as an exhibit to the Registration Statement. In giving this consent, we do not hereby admit that we are experts within the meaning of Section 11 of the Securities Act or that we come within the category of persons whose consent is required under Section 7 of the Securities Act or the Rules and Regulations of the Commission promulgated thereunder.

Yours faithfully,

**Conyers Dill & Pearman**

## Exhibit 23.1

**Exhibit 23.1**

![](ea028656401_ex23-1img1.jpg)

**CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

We hereby consent to the incorporation by reference in this Registration Statement on Form S-8 of BTC Digital Ltd. (the "Company") of our report dated April 30, 2025 relating to the financial statements, financial statement schedule and the effectiveness of internal control over financial reporting, which appears in the Company's Annual Report on Form 20-F for the year ended December 31, 2024. We also consent to the reference to us under the heading "Experts" in such Registration Statement.

/s/ Audit Alliance LLP

Singapore

April 16, 2026

## Ex-Filing

?xml version='1.0' encoding='ASCII'? Filing Fee Exhibit

**Ex-Filing Fees**

**CALCULATION OF FILING FEE TABLES**

**S-8**

**BTC Digital Ltd.**

**Table 1: Newly Registered Securities**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Type** | **Security Class Title** | **Notes** | **Fee Calculation<br> Rule** | **Amount Registered** | **Proposed Maximum Offering<br> Price Per Unit** | **Maximum Aggregate Offering Price** | **Fee Rate** | **Amount of Registration Fee** |
| Equity | Ordinary shares, par value US$0.06 per share, issuable under the 2020 Share Incentive Plan of BTC Digital Ltd. | (1) | Other | 25000 | $1.28 | $32000.00 | 0.0001381 | $4.42 |
| Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | $32000.00 |  | 4.42 |
| Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: |  |  |  |
| Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: |  |  | $4.42 |

---

**__________________________________________ Offering Note(s)**

&nbsp;&nbsp;&nbsp;&nbsp;(1) This registration statement on Form S-8 (this "Registration Statement") registers 25,000 ordinary shares, par value of US$0.06 per share, of BTC Digital Ltd. (the "Registrant") (the "Ordinary Shares"), representing additional Ordinary Shares that became available for issuable under the Registrant's 2020 Share Incentive Plan (the "Share Incentive Plan") in 2026 under the terms of the Share Incentive Plan. In accordance with Rule 416(a) under the Securities Act of 1933, as amended (the "Securities Act"), this Registration Statement also covers an indeterminate number of additional securities which may be offered and issued under the Share Incentive Plan to prevent dilution from stock splits, stock dividends or similar transactions as provided in the Share Incentive Plan. The corresponding proposed maximum offering price per share, which is estimated solely for the purposes of calculating the registration fee under Rule 457(h) under the Securities Act, is based on the price at which the award may be exercised to purchase such Ordinary Shares under the Share Incentive Plan. Any Ordinary Shares covered by an award granted under the Share Incentive Plan (or portion of an award) that expires, for any reason, is cancelled or terminated without having been exercise or settled or that is forfeited or repurchased and held as treasury shares shall be deemed not to have been issued for purposes of determining the maximum aggregate number of Ordinary Shares which may be issued under the Share Incentive Plan.