Company: BTBT
Filing Date: 2025-09-29
Form Type: 424B5
Source: 0001213900-25-093122
Chunk: 154

Company: Bit Digital, Inc
Filing Date: 2025-09-29
Form: 424B5
Chunk 154
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 company, out of the proceeds of a fresh issue of shares made for that purpose or
out of capital, provided the memorandum and articles of association authorize this ( and any necessary approvals thereunder are duly
obtained) and the company has the ability to pay its debts as they fall due in the ordinary course of business.

No Preemptive Rights. Holders of
ordinary shares do not have preemptive or preferential right to purchase any securities of our company.

Variation of Rights Attaching to Shares. If
at any time the share capital is divided into different classes of shares, the rights attaching to any class (unless otherwise provided
by the terms of issue of the shares of that class) may, subject to the memorandum and articles of association, be varied or abrogated
with the consent in writing of the holders of three-fourths of the issued shares of that class or with the sanction of a resolution passed
by not less than three-fourths of such holders of the Shares of that class as may be present in person or by proxy at a separate general
meeting of the holders of the Shares of that class.

<div align='center'>11</div>

Anti-Takeover Provisions. Some provisions
of our current memorandum and articles of association may discourage, delay or prevent a change of control of our company or management
that shareholders may consider favorable, including provisions that authorize our board of directors to issue preference shares with
enhanced rights to vote without any further vote or action by our shareholders.

Exempted Company. We are an exempted
company with limited liability under the Companies Act. The Companies Act distinguishes between ordinary resident companies and exempted
companies. Any company that is registered in the Cayman Islands but conducts business mainly outside of the Cayman Islands may apply
to be registered as an exempted company. The requirements for an exempted company are essentially the same as for an ordinary company
except that an exempted company:

| ● | does not have to file an                                                                                                
 annual return of its shareholders with the Registrar of Companies;                                                      |
| ● | is not required to open                                                                                                 
 its register of members for inspection;                                                                                 |
| ● | does not have to hold an                                                                                                
 annual general meeting;                                                                                                 |
| ● | may issue shares with no                                                                                                
 par value;                                                                                                              |
| ● | may obtain an undertaking                                                                                               
 against the imposition of any future taxation (such undertakings are usually given for 20 years in the first instance); |

|