Company: BTBT
Filing Date: 2025-06-25
Form Type: 424B5
Source: 0001213900-25-057815
Chunk: 69

Company: Bit Digital, Inc
Filing Date: 2025-06-25
Form: 424B5
Chunk 69
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 ordinary shares are entitled
to receive any remaining assets of the Company available for distribution as determined by the liquidator. The assets received by the
holders of our ordinary shares in a liquidation may, with the sanction of a special resolution and any other sanction required by the
Companies Act, consist in whole or in part of property, which is not required to be of the same kind for all shareholders.

Calls on ordinary shares and Forfeiture of ordinary shares. Our board of directors may from time to time make calls upon shareholders for any amounts unpaid on their ordinary
shares in a notice served to such shareholders at least 14 days prior to the specified time and place of payment. Any ordinary shares
that have been called upon and remain unpaid are subject to forfeiture.

Redemption of ordinary shares. We
may, subject to obtaining the necessary approvals under our memorandum and articles of association, issue shares that are, or at our
option or at the option of the holders are, subject to redemption. Under the Companies Act, shares of a Cayman Islands exempted company
may be redeemed or repurchased out of profits of the company, out of the proceeds of a fresh issue of shares made for that purpose or
out of capital, provided the memorandum and articles of association authorize this ( and any necessary approvals thereunder are duly
obtained) and the company has the ability to pay its debts as they fall due in the ordinary course of business.

No Preemptive Rights. Holders of
ordinary shares do not have preemptive or preferential right to purchase any securities of our company.

Variation of Rights Attaching to Shares. If
at any time the share capital is divided into different classes of shares, the rights attaching to any class (unless otherwise provided
by the terms of issue of the shares of that class) may, subject to the memorandum and articles of association, be varied or abrogated
with the consent in writing of the holders of three-fourths of the issued shares of that class or with the sanction of a resolution passed
by not less than three-fourths of such holders of the Shares of that class as may be present in person or by proxy at a separate general
meeting of the holders of the Shares of that class.

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Anti-Takeover Provisions. Some provisions
of our current memorandum and articles of association may discourage, delay or prevent a change of control of our company or management
that shareholders may consider favorable, including provisions that authorize our board