Company: BTBT
Filing Date: 2025-09-29
Form Type: 424B5
Source: 0001213900-25-093122
Chunk: 82

Company: Bit Digital, Inc
Filing Date: 2025-09-29
Form: 424B5
Chunk 82
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 to the trustee and otherwise subject to the limitations set forth in the indenture shall, declare 100% of the principal of and accrued and unpaid interest on all the outstanding notes to be due and payable. In case of certain events of bankruptcy, insolvency or reorganization involving us, described in clause (8) above with respect to us, 100% of the principal of and accrued and unpaid interest on the notes will automatically become due and payable. Upon such a declaration of acceleration, such principal and accrued and unpaid interest, if any, will automatically be due and payable immediately without any action on part of the trustee. If an event of default occurs and is continuing, the trustee may pursue, in its own name or as trustee of an express trust, any available remedy by proceeding at law or in equity to collect the payment of principal of and interest on the notes or to enforce the performance of any provision of the notes or the indenture. The trustee may maintain a proceeding even if it does not possess any of the notes or does not produce any of them in the proceeding.

For the avoidance of doubt, and without limiting the manner in which any default can be cured, (A) any failure by us to provide any notice (other than a notice referred to in clause (4) above) under the indenture shall be subject to clause (6) above (including the 60-day cure period contained therein), and any related default shall be deemed cured upon the sending of such notice whether or not the events or circumstances that are the subject of such notice have already occurred at the time such notice is given, (B) a default in making any payment on (or delivering any other consideration in respect of) any note will be cured upon the delivery, in accordance with the terms of the indenture, of such payment (or other consideration) together, if applicable, with any special interest thereon, and (C) a default that is (or, after notice or passage of time or both, would be) an event of default relating to the failure to comply with our reporting obligations in accordance with the two immediately succeeding paragraphs below will be cured upon the filing of the relevant report(s) that were required to be filed and gave rise to such default. In addition, for the avoidance of doubt, (i) if a default that is not an event of default is cured or waived before such default would have constituted an event of default, then no event of default will result from such default, and (ii) if an event of default is