Company: BTBT
Filing Date: 2025-10-01
Form Type: 424B5
Source: 0001213900-25-094778
Chunk: 46

Company: Bit Digital, Inc
Filing Date: 2025-10-01
Form: 424B5
Chunk 46
---
 ordinary shares or a combination thereof, as the case may be, into which a note is convertible will be deemed to satisfy in full our obligation to pay:

| ● | the                               
 principal amount of the note; and |

| ● | accrued                                                                           
 and unpaid interest, if any, to, but not including, the relevant conversion date. |

As a result, accrued and unpaid interest, if any, to, but not including, the relevant conversion date will be deemed to be paid in full rather than cancelled, extinguished or forfeited. Upon a conversion of notes into a combination of cash and ordinary shares, accrued and unpaid interest will be deemed to be paid first out of the cash paid upon such conversion.

Notwithstanding the immediately preceding two paragraphs, if notes are converted after the close of business on a regular record date for the payment of interest and prior to the open of business on the immediately following interest payment date, holders of such notes at the close of business on such regular record date will receive the full amount of interest payable on such notes on the corresponding interest payment date notwithstanding the conversion. However, notes surrendered for conversion during the period from the close of business on any regular record date to the open of business on the immediately following interest payment date must be accompanied by funds equal to the amount of interest payable on the notes so converted (regardless of whether the converting holder was the holder of record on the corresponding regular record date); provided that no such payment need be made:

| ● | for                                                                                          
 conversions following the close of business on the regular record date immediately preceding 
 the maturity date;                                                                           |

| ● | if                                                                                                 
 we have specified a redemption date that is after a regular record date and on or prior to         
 the second business day immediately succeeding the corresponding interest payment date (or,        
 if such interest payment date is not a business day, the third business day immediately succeeding 
 such interest payment date);                                                                       |

<div align='center'>S-27</div>

| ● | if                                                                                                 
 we have specified a fundamental change repurchase date that is after a regular record date         
 and on or prior to the business day immediately succeeding the corresponding interest payment      
 date (or, if such interest payment date is not a business day, the second business day immediately 
 succeeding such interest payment date); or                                                         |

| ● | to                                                                                           
 the extent of any overdue interest, if any overdue interest exists at the time of conversion 
 with respect to such note.                                                                   |

Therefore, for the avoidance of doubt, all record holders