Company: BTBT
Filing Date: 2025-08-05
Form Type: DEF 14A
Source: 0001213900-25-071508
Chunk: 5

Company: Bit Digital, Inc
Filing Date: 2025-08-05
Form: DEF 14A
Chunk 5
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 unless a quorum is
present at the commencement of business. The presence of one or more shareholders holding in the aggregate not less than one-third of
the total issued share capital of the Company present in person or by proxy, and entitled to vote shall constitute a quorum.

An ordinary resolution requires
the affirmative vote of a simple majority of the votes cast by such shareholders as, being entitled to do so, vote in person or by proxy,
or, in the case of a corporation, by its duly authorized representative, at the General Meeting (“Ordinary Resolution”).

Abstentions and broker non-votes,
while considered present for the purposes of establishing a quorum, will not count as a vote cast at the General Meeting.

The General Meeting will be adjourned if a quorum is not present at
the General Meeting. For purposes of determining the presence of a quorum, abstentions and broker non-votes will be counted as present.
A broker non-vote occurs when a broker or nominee holding Shares for a beneficial owner signs and returns a proxy but does not vote on
a particular proposal because the broker or nominee does not have discretionary voting power and has not received instructions from the
beneficial owner, the one (1) million Preference Shares shall count as one (1) million votes for determining a quorum, although at the
General Meeting they will have an aggregate of 50 million votes. The 50 million votes are equal to approximately 15.6% of the 319,965,103
issue and outstanding shares as of the record date, or approximately 13.5% of the voting power including the Preference Shares. If a quorum
is not present within half an hour of the time appointed for the General Meeting, the General Meeting shall stand adjourned to the same
time and place seven days hence. If a quorum is present, the General Meeting may be adjourned by the chairman of the meeting by the
consent of those present at the meeting if the Adjournment Proposal is put to a vote of shareholders and approved. The General Meeting
may be rescheduled at the time of the adjournment with no further notice of the rescheduled time (except such notice provided at the meeting
at which the adjournment decision was made) if the meeting is adjourned for ten days or less. Should a meeting be adjourned for more
than ten days, whether because of a lack of quorum or otherwise, shareholders shall be given at least