Company: BTBT
Filing Date: 2025-10-01
Form Type: 424B5
Source: 0001213900-25-094778
Chunk: 157

Company: Bit Digital, Inc
Filing Date: 2025-10-01
Form: 424B5
Chunk 157
---
 (including our preference shares) under and in accordance
with the Articles:

| (a) | the directors                                                                            
 may declare dividends or distributions out of our funds which are lawfully available for 
 that purpose; and                                                                        |

| (b) | our shareholders                                                                            
 may, by ordinary resolution, declare dividends but no such dividend shall exceed the amount 
 recommended by the directors.                                                               |

Subject to the requirements of the Companies
Act regarding the application of a company’s share premium account and with the sanction of an ordinary resolution, dividends may
also be declared and paid out of any share premium account. The directors when paying dividends to shareholders may make such payment
either in cash or in specie.

Voting Rights. The holders of our
ordinary shares are entitled to one vote per share, including for the election of directors. Voting at any meeting of shareholders is
by show of hands unless a poll is demanded. On a show of hands, every shareholder present in person or by proxy shall have one vote.
On a poll, every shareholder entitled to vote (in person or by proxy) shall have one vote for each share for which he is the holder.
A poll may be demanded by the chairman or one or more shareholders present in person or by proxy holding not less than fifteen percent
of the paid-up capital of the Company entitled to vote. A quorum required for a meeting of shareholders consists of shareholders who
hold at least one-third of our outstanding shares entitled to vote at the meeting present in person or by proxy. A proxy form will accompany
any notice of general meeting convened by the directors to facilitate the ability of shareholders to vote by proxy.

Any ordinary resolution to be made by the shareholders
requires the affirmative vote of a simple majority of the votes cast in a general meeting (including votes cast by holders of our preference
shares), while a special resolution requires the affirmative vote of no less than two-thirds of the votes cast (including votes cast
by holders of our preference shares). Under Cayman Islands law, some matters, such as amending the memorandum and articles, changing
the name or resolving to be registered by way of continuation in a jurisdiction outside the Cayman Islands, require approval of shareholders
by a special resolution.

There are no limitations on non-residents or
foreign shareholders in the memorandum and articles to hold or exercise voting rights on the ordinary shares imposed by foreign law or
by the charter or other constituent document of our company. However, no person will be entitled to vote at any general meeting or at