Company: BTBT
Filing Date: 2025-09-29
Form Type: 424B5
Source: 0001213900-25-093122
Chunk: 1

Company: Bit Digital, Inc
Filing Date: 2025-09-29
Form: 424B5
Chunk 1
---
 business day immediately
preceding September 15, 2028 (other than a conversion in connection with a make-whole fundamental change).

We may redeem for cash all
or any part of the notes, at our option, on or after October 6, 2028 and prior to the 31st scheduled trading day immediately preceding
the maturity date, if the last reported sale price of our ordinary shares has been at least 130% of the conversion price for the notes
then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period (including the last
trading day of such period) ending on, and including, the trading day immediately preceding the date on which we provide notice of optional
redemption at a redemption price equal to 100% of the principal amount of the notes to be redeemed, plus accrued and unpaid interest to,
but excluding, the redemption date. We refer to the redemption at our option on or after October 6, 2028 as an “optional redemption”
in this prospectus supplement. No sinking fund is provided for the notes.

On October 1, 2028, holders
will have the right to require us to repurchase for cash all or part of their notes at a repurchase price equal to 100% of the principal
amount of the notes to be repurchased, plus accrued and unpaid interest to, but excluding, the put date.

If we undergo a fundamental change, subject to certain conditions and a limited exception described in this prospectus supplement, holders may require us to repurchase for cash all or part of their notes at a repurchase price equal to 100% of the principal amount of the notes to be repurchased, plus accrued and unpaid interest to, but excluding, the fundamental change repurchase date.

The notes will be our general senior unsecured obligations and will rank senior in right of payment to all of our indebtedness that is expressly subordinated in right of payment to the notes, will rank equal in right of payment with all of our liabilities that are not so subordinated, will rank effectively junior to any of our future secured indebtedness to the extent of the value of the assets securing such indebtedness and will rank structurally junior to all indebtedness and other liabilities (including trade payables) of our subsidiaries.

We do not intend to apply
to list the notes on any securities exchange or any automated dealer quotation system. Our ordinary shares are listed on the Nasdaq Capital
Market (“N