Company: BTBT
Filing Date: 2025-10-31
Form Type: S-3ASR
Source: 0001213900-25-104745
Chunk: 23

Company: Bit Digital, Inc
Filing Date: 2025-10-31
Form: S-3ASR
Chunk 23
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 and our current articles of association, our company may be dissolved,
liquidated or wound up by a special resolution of our shareholders.

Variation of Rights of Shares. Under the Delaware General Corporation Law, a corporation may vary the rights of a class of shares with the approval
of a majority of the outstanding shares of such class, unless the certificate of incorporation provides otherwise. Under Cayman Islands
law and our current articles of association, if our capital is divided into different classes of shares, the rights attaching to any class
of share (unless otherwise provided by the terms of issue of the shares of that class) may be varied 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. Unless the terms on which a class of shares was issued state otherwise, the rights conferred on the shareholder
holding shares of any class shall not be deemed to be varied by the creation or issue of further shares ranking pari passu with the existing
shares of that class.

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Amendment of Governing Documents. Under the Delaware General Corporation Law, a corporation’s governing documents may be amended with the
approval of a majority of the outstanding shares entitled to vote, unless the certificate of incorporation provides otherwise. As permitted
by Cayman Islands law, our current memorandum and articles of association may only be amended with a special resolution of our shareholders.

Rights of Non-resident or Foreign Shareholders.There are no limitations imposed by our Memorandum and Articles on the rights of non-resident
or foreign shareholders to hold or exercise voting rights on our shares. In addition, there are no provisions in our current memorandum
and articles of association governing the ownership threshold above which shareholder ownership must be disclosed.

Share Options

Share-based compensation
such as restricted stock units (“RSUs”), incentive and non-statutory stock options, restricted shares, share appreciation
rights and share payments may be granted to any directors, employees and consultants of the Company or affiliated companies under the
2021 Omnibus Equity Incentive Plan (“2021 Plan”), 2021 Second Omnibus Equity Incentive Plan (“2021 Second Plan”),
2023 Omnibus Equity Incentive Plan (“2023 Plan”), and 2025 Omnibus Equity Incentive Plan (“