United States securities and exchange commission logo November 19, 2021 Bryan Bullett Chief Executive Officer Bit Digital, Inc. 33 Irving Place New York, NY 10003 Re: Bit Digital, Inc. Amendment No. 3 to Registration Statement on Form F-3 Filed November 8, 2021 File No. 333-258330 Dear Mr. Bullett: We have reviewed your amended registration statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our November 3, 2021 letter. Amendment No. 3 to Registration Statement on Form F-3 Prospectus Summary Digital Asset Transactions, page 7 1. Refer to your response to comment 8. On page 7, you disclose that "other than bitcoin, stablecoins, WBTC tokens and ETH, [you] have no plans to hold material amounts of any other types of digital assets in the future." Please disclose whether you have plans to hold material amounts of stablecoins, WBTC tokens and ETH, and, if so, disclose the business reasons for holding material amounts of such digital assets. In addition, please disclose the specific stablecoins you plan to hold as well as the other types of digital assets you plan to hold in the future, regardless of the amount of any such digital assets. Bryan Bullett Bit Digital, Inc. November 19, 2021 Page 2 2. Please revise the last sentence in the second paragraph of this section to add back "ETH" and "WBTC," or advise why you have removed these digital assets from the list. Risk Factors, page 13 3. We note that you have removed a heading of a risk factor on page 40 relating to determining a status of a digital asset as a security. Please include the removed subheading related to this risk. In addition, refer to your response to comment 7. We note your disclosure that you exchange bitcoins for USDT or USDC. Please disclose the risks associated with such digital assets, such as the risk of volatility of the digital assets. In addition, please describe in more detail your internal processes for how you determine whether the digital assets you hold or plan to hold are securities within the meaning of the U.S. federal securities laws. Uncertainties in the interpretation and enforcement of Chinese laws and regulations, page 17 4. We note that you have removed a part of this risk factor relating to the PRC legal system and uncertainties in enforcement of laws, rules and regulations in China. Please revise this risk factor to add back the removed disclosure. Please contact Tonya Aldave at 202-551-3601 or Sonia Bednarowski at 202-551-3666 with any questions. Sincerely, FirstName LastNameBryan Bullett Division of Corporation Finance Comapany NameBit Digital, Inc. Office of Finance November 19, 2021 Page 2 cc: Elliot H. Lutzker, Esq. FirstName LastName