Company: BTBT
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001013762-25-000307
Chunk: 454

Company: Bit Digital, Inc
Filing Date: 2025-03-14
Form: 10-K
Item: Item 1A
Chunk 454
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 transaction, we may be unable to obtain the benefits or avoid the difficulties and risks of such
transaction.

Strategic investments
or acquisitions will involve risks commonly encountered in business relationships, including:

●difficulties
in assimilating and integrating the operations, personnel, systems, data, technologies, products and services of the acquired business;

●inability
of the acquired technologies, products or businesses to achieve expected levels of revenue, profitability, productivity or other benefits;

●difficulties
in retaining, training, motivating and integrating key personnel;

●diversion
of management’s time and resources from our normal daily operations;

●difficulties
in successfully incorporating licensed or acquired technology and rights into our businesses;

●difficulties
in maintaining uniform standards, controls, procedures and policies within the combined organizations;

●difficulties
in retaining relationships with customers, employees and suppliers of the acquired business;

●risks
of entering markets, in parts of the United States or abroad, in which we have limited or no prior experience;

●regulatory
risks, including remaining in good standing with existing regulatory bodies or receiving any necessary pre-closing or post-closing approvals,
as well as being subject to new regulators with oversight over an acquired business; assumption of contractual obligations that contain
terms that are not beneficial to us, require us to license or waive intellectual property rights or increase our risk for liability;

●failure
to successfully further develop the acquired technology;

●liability
for activities of the acquired business before the acquisition, including intellectual property infringement claims, violations of laws,
commercial disputes, tax liabilities and other known and unknown liabilities;

●potential
disruptions to our ongoing businesses; and

●unexpected
costs and unknown risks and liabilities associated with strategic investments or acquisitions.

We may not make any
investments or acquisitions, or any future investments or acquisitions may not be successful, may not benefit our business strategy,
may not generate sufficient revenues to offset the associated acquisition costs or may not otherwise result in the intended
benefits. In addition, we cannot assure you that any future investment in or acquisition of new businesses or technology will
achieve market acceptance or prove to be profitable.

Any future acquisitions also
could result in the issuance of shares, incurrence of debt, contingent liabilities or future write-offs of intangible assets or goodwill,
any of which could have a negative impact on our cash flows, financial condition and results of operations. Integration of an acquired
company may also disrupt ongoing operations and require management resources that otherwise