Company: BTBT
Filing Date: 2025-10-01
Form Type: 424B5
Source: 0001213900-25-094778
Chunk: 24

Company: Bit Digital, Inc
Filing Date: 2025-10-01
Form: 424B5
Chunk 24
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 our ordinary shares
has been at least 130% of the conversion price then in effect for at least 20 trading days (whether or not consecutive), during any 30
consecutive trading day period (including the last trading day of such period) ending on, and including, the trading day immediately preceding
the date on which we provide notice of redemption at a redemption price equal to 100% of the principal amount of the notes to be redeemed,
plus accrued and unpaid interest to, but excluding, the redemption date. If we call the notes for an optional redemption, you may convert
all or any portion of your notes called for redemption at any time prior to the close of business on the second business day immediately
preceding the redemption date. Upon such redemption or conversion, the cash comprising the redemption price, in the case of an optional
redemption, or the applicable conversion rate, in the case of a conversion in connection with a related redemption notice, in either case,
may not fully compensate you for any future interest payments that you would have otherwise received or any other lost time value of your
notes. See “Description of the Notes—Optional Redemption.”

<div align='center'>S-13</div>

The conversion rate of the notes may not be adjusted for all dilutive events.

The conversion rate of the notes is subject to adjustment for certain events, including, but not limited to, the issuance of certain share dividends on ordinary shares, the issuance of certain rights or warrants, subdivisions, combinations, distributions of capital stock, indebtedness, or assets, cash dividends and certain issuer tender or exchange offers as described under “Description of the Notes—Conversion Rights—Conversion Rate Adjustments.” However, the conversion rate will not be adjusted for other events, such as repurchases of ordinary shares pursuant to an open market share repurchase program or other buy-back transaction, a third-party tender or exchange offer or an issuance of ordinary shares for cash or other events, that may adversely affect the trading price of the notes or ordinary shares. An event that adversely affects the value of the notes may occur, and that event may not result in an adjustment to the conversion rate.

Some significant restructuring transactions may not constitute a fundamental change, in which case we would not be obligated to offer to repurchase the notes.

Upon the occurrence of a fundamental change, you have the right to require us to repurchase your notes. However, the fundamental change provisions will not afford protection to holders of notes in the event of other transactions that could adversely affect the notes