Company: BTBT
Filing Date: 2025-07-15
Form Type: 424B5
Source: 0001213900-25-063950
Chunk: 75

Company: Bit Digital, Inc
Filing Date: 2025-07-15
Form: 424B5
Chunk 75
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stock options are exercisable for up to ten years, at an option price per share not less than the fair market value on the date
the option is granted. The incentive stock options are limited to persons who are regular full-time employees of the Company at the date
of the grant of the option. Non-qualified options may be granted to any person, including, but not limited to, employees, independent
agents, consultants and attorneys, who the Company’s Board believes have contributed, or will contribute, to the success of the
Company. Non-qualified options may be issued at option prices of less than fair market value on the date of grant and may be exercisable
for up to ten years from date of grant. The option vesting schedule for options granted is determined by the Board of Directors
at the time of the grant. The Plans provides for accelerated vesting of unvested options if there is a change in control, as defined
in the Plans.

<div align='center'>17

DESCRIPTION OF WARRANTS</div>

General

We may issue warrants for the purchase of our
debt securities, preference shares, ordinary shares, or any combination thereof. Warrants may be issued independently or together with
our debt securities, preference shares or ordinary shares and may be attached to or separate from any offered securities. Each series
of warrants will be issued under a separate warrant agreement to be entered into between us and a bank or trust company, as warrant agent.
The warrant agent will act solely as our agent in connection with the warrants. The warrant agent will not have any obligation or relationship
of agency or trust for or with any holders or beneficial owners of warrants. This summary of certain provisions of the warrants is not
complete. For the terms of a particular series of warrants, you should refer to the prospectus supplement for that series of warrants
and the warrant agreement for that particular series.

Debt Warrants

The prospectus supplement relating to a particular
issue of warrants to purchase debt securities will describe the terms of the debt warrants, including the following:

| ● | the title of the debt warrants; |

| ● | the offering price for     
 the debt warrants, if any; |

| ● | the aggregate number of 
 the debt warrants;      |

| ● | the designation and terms                                                                                
 of the debt securities, including any conversion rights, purchasable upon exercise of the debt warrants; |

| ● | if applicable, the date                                                                                          
 from and after which the debt warrants and any debt securities