Company: BTBT
Filing Date: 2025-09-29
Form Type: 424B5
Source: 0001213900-25-093122
Chunk: 61

Company: Bit Digital, Inc
Filing Date: 2025-09-29
Form: 424B5
Chunk 61
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| AC  | = | the aggregate value of all cash and any other consideration (as determined by our board of directors or a committee thereof) paid or payable for ordinary shares purchased in such tender or exchange offer;                                                 |
| OS0 | = | the number of ordinary shares issued and outstanding immediately prior to the date such tender or exchange offer expires (prior to giving effect to the purchase of all ordinary shares accepted for purchase or exchange in such tender or exchange offer); |
| OS1 | = | the number of ordinary shares issued and outstanding immediately after the date such tender or exchange offer expires (after giving effect to the purchase of all ordinary shares accepted for purchase or exchange in such tender or exchange offer); and   |
| SP1 | = | the average of the last reported sale prices of the ordinary shares over the 10 consecutive trading day period commencing on, and including, the trading day next succeeding the date such tender or exchange offer expires.                                 |

The increase to the conversion
rate under the preceding paragraph will occur at the close of business on the 10 trading day immediately following,
and including, the trading day next succeeding the date such tender or exchange offer expires; provided that (x) in respect of any conversion
of notes for which physical settlement is applicable, if the relevant conversion date occurs during the 10 trading days immediately following,
and including, the trading day next succeeding the expiration date of any tender or exchange offer, references to “10” or
“10” in the preceding paragraph shall be deemed replaced with such lesser number of trading days as have elapsed
from, and including, the trading day next succeeding such expiration date of such tender or exchange offer to, and including, such conversion
date in determining the conversion rate and (y) in respect of any conversion of notes for which cash settlement or combination settlement
is applicable, for any trading day that falls within the relevant observation period for such conversion and within the 10 trading days
immediately following, and including, the trading day next succeeding the expiration date of any tender or exchange offer, references
to “10” or “10” in the preceding paragraph shall be deemed replaced with such lesser number of trading
days as have elapsed from, and including, the trading day next succeeding such the expiration date of such tender or exchange offer to,
and including, such trading day in determining the conversion rate as of such trading day.

To the extent such tender
or exchange offer is announced but not consummated (including as a result of being pre