Company: BTBT
Filing Date: 2025-06-18
Form Type: S-3/A
Source: 0001213900-25-055565
Chunk: 64

Company: Bit Digital, Inc
Filing Date: 2025-06-18
Form: S-3/A
Chunk 64
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 the organizational documents of the Company and any insurance policies maintained by the
Company to be adequate.

(b) The Indemnitees shall
be entitled to indemnification if the Indemnitee is, or is threatened to be made, a party to or participant in any Proceeding (as defined)
other than a Proceeding by or in the right of the Company. The Indemnitees shall be indemnified against all expenses, judgments, penalties,
fines and amounts paid in settlement actually and reasonably incurred by him, or on his behalf, in connection with such Proceeding or
any claim, issue or matter therein, if the Indemnitee acted in good faith and in a manner the Indemnitees reasonably believed to be in
or not opposed to the best interests of the Company, and with respect to any criminal proceeding, had no reasonable cause to believe
the Indemnitee’s conduct was unlawful.

(c) The Indemnitees shall
be entitled to indemnification if the Indemnitee is, or is threatened to be made, a party to or participant in any Proceeding brought
by or in the right of the Company, provided the Indemnitees acted in good faith and in a manner the Indemnitee reasonably believed to
be in or not opposed to the best interests of the Company; , , that if applicable law so provides,
no indemnification against such Expenses shall be made in 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