Company: BTBT
Filing Date: 2025-10-01
Form Type: 424B5
Source: 0001213900-25-094778
Chunk: 87

Company: Bit Digital, Inc
Filing Date: 2025-10-01
Form: 424B5
Chunk 87
---
 relating to the failure to comply with the reporting obligations in accordance with the two immediately preceding paragraph, we must notify in writing all holders of notes, the trustee and the paying agent (if other than the trustee) of such election prior to the beginning of such 365-day period. Upon our failure to timely give such notice, the notes will be immediately subject to acceleration as provided above.

If any portion of the amount payable on the notes upon acceleration is considered by a court to be unearned interest (through the allocation of the value of the instrument to the embedded warrant or otherwise), the court could disallow recovery of any such portion.

The holders of a majority in principal amount of the outstanding notes may waive all past defaults (except with respect to any continuing defaults relating to nonpayment of principal or interest, with respect to the failure to repurchase any notes when required or with respect to the failure to deliver or cause to be delivered, as the case may be, the consideration due upon conversion) and rescind any such acceleration with respect to the notes and its consequences if (i) rescission would not conflict with any judgment or decree of a court of competent jurisdiction and (ii) all existing events of default, other than the nonpayment of the principal of and interest on the notes that have become due solely by such declaration of acceleration, have been cured or waived.

Each holder shall have the right to receive payment or delivery, as the case may be, of:

| ● | the                                                                                       
 principal (including the redemption price and the fundamental change repurchase price, if 
 applicable) of;                                                                           |

| ● | accrued                              
 and unpaid interest, if any, on; and |

| ● | the                                                                                             
 consideration due upon conversion of, its notes, on or after the respective due dates expressed 
 or provided for in the notes or the indenture, or to institute suit for the enforcement of      
 any such payment or delivery, as the case may be, and such right to receive such payment        
 or delivery, as the case may be, on or after such respective dates shall not be impaired        
 or affected without the consent of such holder.                                                 |

<div align='center'>S-49</div>

If an event of default occurs and is continuing, the trustee will be under no obligation to exercise any of the rights or powers under the indenture at the request or direction of any of the holders unless such holders have offered, and if requested, provided, to the trustee indemnity and/or security satisfactory to the trustee against any loss, liability