Company: BTBT
Filing Date: 2025-07-03
Form Type: S-8 POS
Source: 0001213900-25-061371
Chunk: 140

Company: Bit Digital, Inc
Filing Date: 2025-07-03
Form: S-8 POS
Chunk 140
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 liquidation may, with the sanction of a special resolution and any other sanction required by the
Companies Act, consist in whole or in part of property, which is not required to be of the same kind for all shareholders.

Calls on ordinary shares and Forfeiture of ordinary shares. Our board of directors may from time to time make calls upon shareholders for any amounts
unpaid on their ordinary shares in a notice served to such shareholders at least 14 days prior to the specified time and place of payment.
Any ordinary shares that have been called upon and remain unpaid are subject to forfeiture.

Redemption of ordinary shares. We may, subject to obtaining the necessary approvals under our memorandum and articles of association, issue shares that
are, or at our option or at the option of the holders are, subject to redemption. Under the Companies Act, shares of a Cayman Islands
exempted company may be redeemed or repurchased out of profits of the company, out of the proceeds of a fresh issue of shares made for
that purpose or out of capital, provided the memorandum and articles of association authorize this ( and any necessary approvals thereunder
are duly obtained) and the company has the ability to pay its debts as they fall due in the ordinary course of business.

No Preemptive Rights. Holders
of ordinary shares do not have preemptive or preferential right to purchase any securities of our company.

Variation of Rights Attaching to Shares. If at any time the share capital is divided into different classes of shares, the rights attaching to any
class (unless otherwise provided by the terms of issue of the shares of that class) may, subject to the memorandum and articles of association,
be varied or abrogated with the consent in writing of the holders of three fourths of the issued shares of that class or with the sanction
of a resolution passed by not less than three-fourths of such holders of the Shares of that class as may be present in person or by proxy
at a separate general meeting of the holders of the Shares of that class.

Anti-Takeover Provisions. Some
provisions of our current memorandum and articles of association may discourage, delay or prevent a change of control of our company or
management that shareholders may consider favorable, including provisions that authorize our board of directors to issue preference shares
with enhanced rights to vote without any further vote or action by our shareholders.

Preference Shares

Dividends.The
holders of our preference shares are entitled to receive, when, if and as paid or declared