Company: BTBT
Filing Date: 2025-06-11
Form Type: S-3/A
Source: 0001213900-25-053489
Chunk: 87

Company: Bit Digital, Inc
Filing Date: 2025-06-11
Form: S-3/A
Chunk 87
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 respect of any claim, issue or matter in such Proceeding as to which Indemnitees
shall have been adjudged to be liable to the Company unless and to the extent that a court of competent jurisdiction shall determine that
such indemnification may be made.

(d) To the extent that an
Indemnitee is a party to and is successful, on the merits or otherwise, in any proceeding, he shall be indemnified to the maximum extent
permitted by law, as such may be amended from time to time, against all Expenses actually and reasonably incurred by him, or on his behalf,
in connection therewith. If Indemnitee is not wholly successful in such Proceeding but is successful, on the merits or otherwise, as to
one or more but less than all claims, issues or matters in such Proceeding, the Company shall indemnify Indemnitee against all Expenses
actually and reasonably incurred by him, or on his behalf, in connection with each successfully resolved claim, issue or matter.

(e) Whether or not indemnification
is available, in respect of any Proceeding in which the Company is jointly liable with Indemnitee (or would be if joined in such Proceeding),
the Company shall pay, in the first instance, the entire amount of any judgment or settlement of such Proceeding without requiring Indemnitee
to contribute to such payment and the Company waived and relinquished any right of contribution it may have against Indemnitee.

(f) All agreements and obligations
of the Company contained in the Agreement shall continue until the date that is ten (10) years after the date upon which Indemnitee’s
corporate status terminates and shall continue thereafter so long as Indemnitee shall be subject to any Proceeding.

(g) The Indemnitee provided
certain consulting services to the Company prior to his employment by the Company pursuant to an agreement dated February 1, 2021 between
the Company and Wellington Park Inc. (“Wellington”), a company owned by Indemnitee. To further induce Indemnitee to accept
employment with the Company, the Company agrees that the terms of the Indemnification Agreement shall apply to Wellington as if Wellington
were also the “Indemnitee” under such Agreement.

<div align='center'>II-2</div>

Item 16. Exhibits and Financial Statement Schedules

| (a) | Exhibits |

The following exhibits are filed as part of this
registration statement: