Company: BTBT
Filing Date: 2025-09-29
Form Type: 424B5
Source: 0001213900-25-093122
Chunk: 71

Company: Bit Digital, Inc
Filing Date: 2025-09-29
Form: 424B5
Chunk 71
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date” and the average of the last reported sale prices of the ordinary shares over the five consecutive trading day period ending
on, and including, the trading day immediately preceding the date we deliver such notice of redemption is the “redemption reference
price.”

Our obligation to increase
the conversion rate for notes converted in connection with an optional redemption could be considered a penalty, in which case the enforceability
thereof would be subject to general principles of reasonableness and equitable remedies. Neither the trustee nor any of the agents shall
have any duty to monitor the accuracy of any of the calculations made by us which will be conclusive and binding on the holders, absent
manifest error.

<div align='center'>Repurchase at the Option
of the Holders</div>

Repurchase on Put Date

Holders will have the right,
at their option, to require us to repurchase for cash all of their notes, or any portion of the principal amount thereof that is equal
to $1,000 or a multiple of $1,000, on October 1, 2028. The repurchase price we are required to pay will be equal to 100% of the principal
amount of the notes to be repurchased, plus accrued and unpaid interest to, but excluding, the put date (the “put
purchase price”).

On or before the 20th business
day prior to the put date, we will provide to all holders of the notes, the trustee and the paying agent (if other than the trustee) a
written notice (a “put notice”) in connection with the repurchase right.

<div align='center'>S-42</div>

Such notice shall state, among other things:

| ● | the       
 put date; |

| ● | the                                                            
 last date on which a holder may exercise the repurchase right; |

| ● | the                 
 put purchase price; |

| ● | the                              
 name and address of the trustee; |

| ● | that                                                                                      
 the notes with respect to which a repurchase notice has been delivered by a holder may be 
 converted only if the holder withdraws the repurchase notice in accordance with the terms 
 of the indenture; and                                                                     |

| ● | the                                                                          
 procedures that holders must follow to require us to repurchase their notes. |

Simultaneously with providing such notice, we will publish a notice containing this information on our website or through such other public medium as we may use at that time.

Repurchase upon Fundamental Change

If