Company: BTBT
Filing Date: 2025-07-15
Form Type: 424B5
Source: 0001213900-25-063950
Chunk: 83

Company: Bit Digital, Inc
Filing Date: 2025-07-15
Form: 424B5
Chunk 83
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 or direction of any of the holders of the applicable series of debt securities, unless
such holders have offered the trustee reasonable indemnity. The holders of a majority in principal amount of the outstanding debt securities
of any series will have the right to direct the time, method and place of conducting any proceeding for any remedy available to the trustee,
or exercising any trust or power conferred on the trustee, with respect to the debt securities of that series; provided that:

| ● | the direction so given                                                         
 by the holder is not in conflict with any law or the applicable indenture; and |

| ● | subject to its duties under                                                                                                              
 the Trust Indenture Act, the trustee need not take any action that might involve it in personal liability or might be unduly prejudicial 
 to the holders not involved in the proceeding.                                                                                           |

A holder of the debt securities of any series
will have the right to institute a proceeding under the indenture or to appoint a receiver or trustee, or to seek other remedies only
if:

| ● | the holder has given written                                                        
 notice to the trustee of a continuing event of default with respect to that series; |

| ● | the holders of at least                                                                                        
 25% in aggregate principal amount of the outstanding debt securities of that series have made written request; |

| ● | such holders have offered                                                                                                           
 to the trustee indemnity satisfactory to it against the costs, expenses and liabilities to be incurred by the trustee in compliance 
 with the request; and                                                                                                               |

| ● | the trustee does not institute                                                                                                       
 the proceeding, and does not receive from the holders of a majority in aggregate principal amount of the outstanding debt securities 
 of that series other conflicting directions within 90 days after the notice, request and offer.                                      |

These limitations do not apply to a suit instituted
by a holder of debt securities if we default in the payment of the principal, premium, if any, or interest on, the debt securities.

We will periodically file statements with the
trustee regarding our compliance with specified covenants in the indenture.

Modification of Indenture; Waiver

Unless we provide otherwise in the prospectus
supplement applicable to a particular series of debt securities, we and the trustee may change an indenture without the consent of any
holders with respect to specific matters:

| ● | to cure any ambiguity,                                                            
 defect or inconsistency in the indenture or in the debt securities of any series; |

| ● | to comply with the provisions