Company: BTBT
Filing Date: 2025-07-15
Form Type: 424B5
Source: 0001213900-25-063950
Chunk: 82

Company: Bit Digital, Inc
Filing Date: 2025-07-15
Form: 424B5
Chunk 82
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 upon 
 redemption, by declaration or otherwise, or in any payment required by any sinking or analogous fund established with respect to     
 such series; provided, however, that a valid extension of the maturity of such debt securities in accordance with the                
 terms of any indenture supplemental thereto shall not constitute a default in the payment of principal or premium, if any;           |

| ● | if we fail to observe or                                                                                                               
 perform any other covenant or agreement contained in the debt securities or the indenture, other than a covenant specifically relating 
 to another series of debt securities, and our failure continues for 90 days after we receive written notice of such failure,           
 requiring the same to be remedied and stating that such is a notice of default thereunder, from the trustee or holders of at least     
 25% in aggregate principal amount of the outstanding debt securities of the applicable series; and                                     |

| ● | if specified events of                          
 bankruptcy, insolvency or reorganization occur. |

If an event of default with respect to debt securities
of any series occurs and is continuing, other than an event of default specified in the last bullet point above, the trustee or the holders
of at least 25% in aggregate principal amount of the outstanding debt securities of that series, by notice to us in writing, and to the
trustee if notice is given by such holders, may declare the unpaid principal of, premium, if any, and accrued interest, if any, of such
series of debt securities due and payable immediately. If an event of default specified in the last bullet point above occurs with respect
to us, the principal amount of and accrued interest, if any, of each issue of debt securities then outstanding shall be due and payable
without any notice or other action on the part of the trustee or any holder.

<div align='center'>22</div>

The holders of a majority in principal amount
of the outstanding debt securities of an affected series may waive any default or event of default with respect to the series and its
consequences, except defaults or events of default regarding payment of principal, premium, if any, or interest, unless we have cured
the default or event of default in accordance with the indenture. Any waiver shall cure the default or event of default.

Subject to the terms of the indenture, if an
event of default under an indenture shall occur and be continuing, the trustee will be under no obligation to exercise any of its rights
or powers under such indenture at the request