Company: BTBT
Filing Date: 2025-09-29
Form Type: 424B5
Source: 0001213900-25-093122
Chunk: 152

Company: Bit Digital, Inc
Filing Date: 2025-09-29
Form: 424B5
Chunk 152
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We are a Cayman Islands exempted company and
our affairs are governed by our memorandum and articles of association (the “Articles”) and the Companies Act (Revised) of
the Cayman Islands, which we refer to as the Companies Act below.

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Our authorized share capital is US$3,500,000
consisting of 340,000,000 ordinary shares, par value $0.01 per share and 10,000,000 preference shares, par value $0.01 per share. As
of June 13, 2025, there were 208,530,871 ordinary shares and 1,000,000 preference shares issued and outstanding.

Ordinary Shares

Dividends. Subject to the provisions
of the Companies Act and any rights attaching to any class or classes of shares (including our preference shares) under and in accordance
with the Articles:

| (a) | the directors                                                                            
 may declare dividends or distributions out of our funds which are lawfully available for 
 that purpose; and                                                                        |

| (b) | our shareholders                                                                            
 may, by ordinary resolution, declare dividends but no such dividend shall exceed the amount 
 recommended by the directors.                                                               |

Subject to the requirements of the Companies
Act regarding the application of a company’s share premium account and with the sanction of an ordinary resolution, dividends may
also be declared and paid out of any share premium account. The directors when paying dividends to shareholders may make such payment
either in cash or in specie.

Voting Rights. The holders of our
ordinary shares are entitled to one vote per share, including for the election of directors. Voting at any meeting of shareholders is
by show of hands unless a poll is demanded. On a show of hands, every shareholder present in person or by proxy shall have one vote.
On a poll, every shareholder entitled to vote (in person or by proxy) shall have one vote for each share for which he is the holder.
A poll may be demanded by the chairman or one or more shareholders present in person or by proxy holding not less than fifteen percent
of the paid-up capital of the Company entitled to vote. A quorum required for a meeting of shareholders consists of shareholders who
hold at least one-third of our outstanding shares entitled to vote at the meeting present in person or by proxy. A proxy form will accompany
any notice of general meeting convened by the directors to facilitate the ability of shareholders to vote by proxy.

Any