Company: BTBT
Filing Date: 2025-10-01
Form Type: 424B5
Source: 0001213900-25-094778
Chunk: 41

Company: Bit Digital, Inc
Filing Date: 2025-10-01
Form: 424B5
Chunk 41
---
 the
person in whose name a note is registered at the close of business on March 15 and September 15 (whether or not a business day), as the
case may be, immediately preceding the relevant interest payment date (each, a “regular record date”). Interest on the notes
will be computed on the basis of a 360-day year composed of twelve 30-day months and, for partial months, on the basis of the number of
days actually elapsed in a 30-day month.

<div align='center'>S-24</div>

If any interest payment date, the maturity date, any redemption date or any repurchase date falls on a day that is not a business day, the required payment will be made on the next succeeding business day with the same force and effect as if made on such scheduled payment date and no interest on such payment will accrue in respect of the delay. The term “business day” means, with respect to any note, any day other than a Saturday, a Sunday or a day on which the Federal Reserve Bank of New York is authorized or required by law or executive order to close or be closed.

Unless the context otherwise requires, all references to interest in this prospectus supplement include additional interest, if any, payable at our election as the sole remedy relating to the failure to comply with our reporting obligations as described under “—Events of Default.”

<div align='center'>Optional Redemption</div>

No “sinking fund”
is provided for the notes, which means that we are not required to redeem or retire the notes periodically. Prior to October 6, 2028,
the notes will not be redeemable. On or after October 6, 2028 and prior to the 31 scheduled trading day immediately preceding
the maturity date, we may redeem for cash all or any part of the notes, at our option, if the last reported sale price of our ordinary
shares has been at least 130% of the conversion price for the notes then in effect for at least 20 trading days (whether or not consecutive)
during any 30 consecutive trading day period (including the last trading day of such period) ending on, and including, the trading day
immediately preceding the date on which we provide notice of optional redemption at a redemption price equal to 100% of the principal
amount of the notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. We refer to the redemption
at our option on or after October 6