Company: BTBT
Filing Date: 2025-10-01
Form Type: 424B5
Source: 0001213900-25-094778
Chunk: 48

Company: Bit Digital, Inc
Filing Date: 2025-10-01
Form: 424B5
Chunk 48
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 take place, we may provide not less than 10 business days’ nor more than 30 business days’ notice before such ex-dividend date.

Conversion Procedures

If you hold a beneficial interest in a global note, to convert you must comply with DTC’s procedures for converting a beneficial interest in a global note and, if required, pay funds equal to interest payable on the next interest payment date to which you are not entitled, and if required, pay all transfer or similar taxes, if any. As such, if you are a beneficial owner of the notes, you must allow for sufficient time to comply with DTC’s procedures if you wish to exercise your conversion rights.

If you hold a certificated note, to convert you must:

| ● | complete                                                                                          
 and manually sign the conversion notice on the back of the note, or a facsimile of the conversion 
 notice;                                                                                           |

| ● | deliver                                                                                    
 the duly completed conversion notice, which is irrevocable, and the note to the conversion 
 agent;                                                                                     |

<div align='center'>S-28</div>

| ● | if                                                                     
 required, furnish appropriate endorsements and transfer documents; and |

| ● | if                                                                                       
 required, pay funds equal to interest payable on the next interest payment date to which 
 you are not entitled.                                                                    |

We will pay any documentary, stamp, issue, transfer or similar tax due on the delivery of the ordinary shares upon conversion of the notes, unless the tax is due because the holder requests such ordinary shares to be issued in a name other than the holder’s name, in which case the holder will pay the tax.

We refer to the date you comply with the relevant procedures for conversion described above as the “conversion date.”

If a holder has already delivered a repurchase notice as described under “Repurchase at the Option of Holders” with respect to a note, the holder may not surrender that note for conversion until the holder has withdrawn the repurchase notice in accordance with the relevant provisions of the indenture. If a holder submits its notes for required repurchase, the holder’s right to withdraw the repurchase notice and convert the notes that are subject to repurchase will terminate at the close of business on the second business day immediately preceding the relevant repurchase date.

Settlement upon Conversion

Upon conversion, we may choose to pay or deliver, as the case may be, either cash (“cash settlement”), ordinary shares (“physical settlement”) or a combination of cash and ordinary shares (“combination settlement”), as