Company: BTBT
Filing Date: 2025-10-31
Form Type: S-3ASR
Source: 0001213900-25-104745
Chunk: 65

Company: Bit Digital, Inc
Filing Date: 2025-10-31
Form: S-3ASR
Chunk 65
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 duties of his respective office or trust or in relation thereto unless the same happens through his own willful neglect or default.

(C) The Board of Directors
of the registrant authorized the registrant to enter into indemnity agreements with officers and directors of the registrant when and
as determined by the Board of Directors. Pursuant to the foregoing authority, the registrant has entered into indemnity agreements with
each of its directors and certain of its officers.

<div align='center'>II-1</div>

The indemnity agreements
obligate the registrant to provide the maximum protection allowed under the BCL. The indemnity agreements supplement and increase the
protection afforded to officers and directors under the Certificate of Incorporation in the following respects:

(a) The Indemnification Agreement
entered into with Sam Tabar (the “Indemnitee”) dated as of March 31, 2021 in connection with his Employment Agreement provides
for a supplement to and in furtherance of the Amended and Restated Memorandum and Articles of Association. The Indemnitee did not regard
the protection available under the organizational documents of the Company and any insurance policies maintained by the Company to be
adequate.

(b) The Indemnitee 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 Indemnitee 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 Indemnitee 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 Indemnitee 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 Indemnitee 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,