A chain-type bit-storing apparatus is provided for a CNC machine tool. The chain-type bit-storing apparatus includes a chain engaged with sprockets rotationally provided thereon. The chain includes links each includes a frame, a rotator rotationally connected to the frame, a pin for pivotally connecting the frame thereof to the rotator of another link and a socket connected to the frame and used to receive a bit. There is a pivoting unit for pivoting a selected one of the bits by pivoting a related one of the links.
