Company: BTBT
Filing Date: 2025-09-29
Form Type: 424B5
Source: 0001213900-25-093122
Chunk: 45

Company: Bit Digital, Inc
Filing Date: 2025-09-29
Form: 424B5
Chunk 45
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 unpaid interest will be deemed to be paid first out of the cash paid upon such conversion.

Notwithstanding the immediately preceding two paragraphs, if notes are converted after the close of business on a regular record date for the payment of interest and prior to the open of business on the immediately following interest payment date, holders of such notes at the close of business on such regular record date will receive the full amount of interest payable on such notes on the corresponding interest payment date notwithstanding the conversion. However, notes surrendered for conversion during the period from the close of business on any regular record date to the open of business on the immediately following interest payment date must be accompanied by funds equal to the amount of interest payable on the notes so converted (regardless of whether the converting holder was the holder of record on the corresponding regular record date); provided that no such payment need be made:

| ● | for                                                                                          
 conversions following the close of business on the regular record date immediately preceding 
 the maturity date;                                                                           |

| ● | if                                                                                                 
 we have specified a redemption date that is after a regular record date and on or prior to         
 the second business day immediately succeeding the corresponding interest payment date (or,        
 if such interest payment date is not a business day, the third business day immediately succeeding 
 such interest payment date);                                                                       |

<div align='center'>S-27</div>

| ● | if                                                                                                 
 we have specified a fundamental change repurchase date that is after a regular record date         
 and on or prior to the business day immediately succeeding the corresponding interest payment      
 date (or, if such interest payment date is not a business day, the second business day immediately 
 succeeding such interest payment date); or                                                         |

| ● | to                                                                                           
 the extent of any overdue interest, if any overdue interest exists at the time of conversion 
 with respect to such note.                                                                   |

Therefore, for the avoidance of doubt, all record holders on the regular record date immediately preceding the maturity date, any fundamental change repurchase date or redemption date, in each case, described above, will receive the full interest payment due on the maturity date or other applicable interest payment date in cash, regardless of whether their notes have been converted following such regular record date.

We will not cause to be delivered fractional ordinary shares upon conversion of notes. Instead, we will pay cash in lieu of any fractional share as described under “—Settlement upon Conversion.”

Certain Distributions Notice

If, prior to the close of
business on the business day immediately preceding July 1, 203