Company: BTBT
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001013762-25-000307
Chunk: 1258

Company: Bit Digital, Inc
Filing Date: 2025-03-14
Form: 10-K
Item: Item 2
Chunk 1258
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ibus Equity Incentive Plan and 450,000 RSUs awarded to Mr. Huang were granted under Bit Digital’s 2023 Omnibus Equity
Incentive Plan.

(6)In
2024, Mr. Tabar was awarded 945,000 RSUs pursuant to his compensation arrangement. In 2023, Mr. Tabar was awarded 300,000 RSUs pursuant
to his compensation arrangement with Bit Digital. The RSUs awarded to Mr. Tabar were granted under Bit Digital’s 2021 Second Omnibus
Equity Incentive Plan..

(7)The
“Stock Based Comp” column represents the aggregate grant date fair value for RSUs granted under the Company’s 2021
Second Omnibus Equity Incentive Plan and 2023 Omnibus Equity Incentive Plan during fiscal year 2024 and 2023, computed in accordance
with Financial Accounting Standards Board (“FASB”) ASC Topic 718 (“ASC 718”). See Note 2 to our consolidated
financial statements for details on the assumptions used to determine the grant date fair value of the restricted stock units. As of
December 31, 2024, fair value of the vested and issued RSUs, based on the closing price on the vesting date, for Messrs. Huang, Tabar
and Bullett was $3,523,650, $3,222,650 and 505,500, respectively. As of December 31,2023, fair value of the vested and issued RSUs, based
on the closing price on the vesting date, for Messrs. Huang and Tabar is $2,837,000 and $1,239,500, respectively.

Narrative Disclosure to the Summary Compensation
Table

There are no arrangements or plans in which we
provide pension, retirement or similar benefits for executive officers.

111

Outstanding Equity Awards at Fiscal Year-End

The table below summarizes all unexercised options,
stock that has not vested, and equity incentive plan awards for each named executive officer as of December 31, 2024.

    Option Awards  
    Stock Awards 

    Number of Securities Underlying Unexercised Options 
    Option Exercise  
    Option Expiration  
    No. of Shares or Units of Stock that Have Not 
    Market Value of Shares or Units of Stock that Have Not  
    Equity Incentive Plan Awards: No. of Unearned Shares, Units or Other Rights That