Company: BTBT
Filing Date: 2025-07-15
Form Type: 424B5
Source: 0001213900-25-063950
Chunk: 63

Company: Bit Digital, Inc
Filing Date: 2025-07-15
Form: 424B5
Chunk 63
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 shareholders present in person or by proxy holding not less than fifteen percent
of the paid-up capital of the Company entitled to vote. A quorum required for a meeting of shareholders consists of shareholders who
hold at least one-third of our outstanding shares entitled to vote at the meeting present in person or by proxy. A proxy form will accompany
any notice of general meeting convened by the directors to facilitate the ability of shareholders to vote by proxy.

Any ordinary resolution to be made by the shareholders
requires the affirmative vote of a simple majority of the votes cast in a general meeting (including votes cast by holders of our preference
shares), while a special resolution requires the affirmative vote of no less than two-thirds of the votes cast (including votes cast
by holders of our preference shares). Under Cayman Islands law, some matters, such as amending the memorandum and articles, changing
the name or resolving to be registered by way of continuation in a jurisdiction outside the Cayman Islands, require approval of shareholders
by a special resolution.

There are no limitations on non-residents or
foreign shareholders in the memorandum and articles to hold or exercise voting rights on the ordinary shares imposed by foreign law or
by the charter or other constituent document of our company. However, no person will be entitled to vote at any general meeting or at
any separate meeting of the holders of the ordinary shares unless the person is registered as of the record date for such meeting and
unless all calls or other sums presently payable by the person in respect of ordinary shares in the Company have been paid.

Winding Up; Liquidation. Upon the
winding up of our company, after the full amount that holders of any issued shares ranking senior to the ordinary shares as to distribution
on liquidation or winding up are entitled to receive has been paid or set aside for payment, the holders of our ordinary shares are entitled
to receive any remaining assets of the Company available for distribution as determined by the liquidator. The assets received by the
holders of our ordinary shares in a liquidation may, with the sanction of a special resolution and any other sanction required by the
Companies Act, consist in whole or in part of property, which is not required to be of the same kind for all shareholders.

Calls on ordinary shares and Forfeiture of ordinary shares. Our board of directors may from time to time make calls upon shareholders for any amounts unpaid on their ordinary
shares in a notice served to such shareholders at least 14 days prior to the specified time and place of payment. Any