Company: BTBT
Filing Date: 2025-07-03
Form Type: S-8 POS
Source: 0001213900-25-061371
Chunk: 145

Company: Bit Digital, Inc
Filing Date: 2025-07-03
Form: S-8 POS
Chunk 145
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(B) The Amended and Restated Memorandum and Articles
of Association of the registrant provides as follows:

Every Director and officer for the time being
of the Company or any trustee for the time being acting in relation to the affairs of the Company and their respective heirs, executors,
administrators, personal representatives or successors or assigns shall, in the absence of willful neglect or default, be indemnified
by the Company against, and it shall be the duty of the Directors out of the funds and other assets of the Company to pay, all costs,
losses, damages and expenses, including travelling expenses, which any such Director, officer or trustee may incur or become liable in
respect of by reason of any contract entered into, or act or thing done by him as such Director, officer or trustee or in any way in or
about the execution of his duties and the amount for which such indemnity is provided shall immediately attach as a lien on the property
of the Company and have priority as between the Members over all other claims. No such Director, officer or trustee shall be liable or
answerable for the acts, receipts, neglects or defaults of any other Director, officer or trustee or for joining in any receipt or other
act for conformity or for any loss or expense happening to the Company through the insufficiency or deficiency of any security in or upon
which any of the monies of the Company which shall be invested or for any loss of the monies of the Company which shall be invested on
for any loss or damage arising from the bankruptcy, insolvency or tortious act of any person with whom any monies, securities or effects
shall be deposited, or for any other loss, damage or misfortune whatsoever which shall happen in or about the execution of the duties
of his respective office or trust or in relation thereto unless the same happens through his own willful neglect or default.

(C) The Board of Directors of the registrant authorized
the registrant to enter into indemnity agreements with officers and directors of the registrant when and as determined by the Board of
Directors. Pursuant to the foregoing authority, the registrant has entered into indemnity agreements with each of its directors and certain
of its officers.

The indemnity agreements obligate the registrant
to provide the maximum protection allowed under the Cayman Law. The indemnity agreements supplement and increase the protection afforded
to officers and directors under the Certificate of Incorporation in the following respects:

(a)