Company: BTBT
Filing Date: 2025-06-25
Form Type: 424B5
Source: 0001213900-25-057815
Chunk: 25

Company: Bit Digital, Inc
Filing Date: 2025-06-25
Form: 424B5
Chunk 25
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 to certain limited exceptions, not to offer, pledge, sell, contract to sell, grant any option to purchase, or otherwise dispose
of our ordinary shares or any securities convertible into or exchangeable or exercisable for ordinary shares, or to enter into any hedge
or other arrangement or any transaction that transfers, directly or indirectly, the economic consequence of ownership of the ordinary
shares for a period of 60 days after the date of this prospectus supplement, without the prior written consent of B. Riley Securities,
Inc., as representative of the underwriters.

The restrictions described in the immediately
preceding paragraph and contained in the lock-up agreements between the underwriters and the lock-up parties do not apply, subject in
certain cases to various conditions, to certain transactions, including transfers, distribution, or otherwise disposal (as the case may
be) of lock-up shares: (a) as a bona fide gift or gifts, or for bona fide estate planning purposes, (b) to any trust for the direct or
indirect benefit of the lock-up party or any immediate family member, (c) to a corporation, partnership, limited liability company, trust
or other business entity, (d) by will, other testamentary document or intestacy (e) by operation of law, such as pursuant to a qualified
domestic order, divorce settlement or other court order, (f) the establishment of trading plans pursuant to Rule 10b5-1(c), (g) to satisfy
tax withholding pursuant to the Company’s equity incentive plans or arrangements (h) to the Company pursuant to agreements in effect
on the date of hereof and described herein under which the Company has the option to repurchase shares or forfeit the Lock-Up Shares upon
termination of service of the undersigned, (i) in connection with any sell-to-cover or similar transactions or the “cashless exercise”
in connection with the vesting, settlement or exercise of restricted stock units, stock options, warrants or other rights to acquire ordinary
shares, (j) in open market transactions after the completion of this offering and (k) pursuant to a bona fide third-party tender offer,
merger, consolidation or other similar transaction approved by our board of directors and made to all holders of holders involving a change
in control, provided that if such transaction is not completed, all such lock-up shares would remain subject to the restrictions in the
immediately preceding paragraph.

The representative may, in its sole discretion
and at any