Company: BTBT
Filing Date: 2025-07-03
Form Type: S-8 POS
Source: 0001213900-25-061371
Chunk: 87

Company: Bit Digital, Inc
Filing Date: 2025-07-03
Form: S-8 POS
Chunk 87
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, data transfer, and data protection.
Such laws may continue to restrict or dictate how we collect, maintain, combine and disseminate information and could have a material
adverse effect on our business, results of operations, financial condition and prospects.

In
the United States, there are numerous federal and state laws and regulations that could apply to our operations or the operations of our
partners, including data breach notification laws, financial information and other data privacy laws, and consumer protection laws and
regulations (e.g., Section 5 of the FTC Act), that govern the collection, use, disclosure, and protection of personal information.

For
example, California has enacted the California Consumer Privacy Act (“CCPA”) and the California Privacy Rights Act (“CPRA”),
which, among other things, allows California consumers to request that certain companies disclose the types of personal information collected
by such companies, to correct that information, to delete that information and to opt-out the sale or sharing of personal information
for cross-context behavioral advertising. the California Privacy Protection Agency (“CPPA”) has proposed new regulations to
require companies to conduct risk assessments, annual cybersecurity audits and set up notice and opt-out and access procedures for the
use of automated decision-making technology. These proposed new requirements could increase our costs of compliance and impact our operations
and the products and services we offer.

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In
addition, Iowa, Delaware, Maine, Virginia, Colorado, Utah, Oregon, Montana, Nebraska, New Hampshire, New Jersey, Texas, Utah and Connecticut
enacted privacy and data protection laws in recent years that are currently in effect and grant similar rights and impose similar obligations
as the CCPA. New privacy laws enacted in Maryland, Minnesota, Rhode Island, and Tennessee will take effect over the next couple years.
Other states in the U.S. are also separately proposing laws to regulate privacy and security of personal data. Our failure, and/or the
failure by the various third party vendors and service providers with which we do business, to comply with applicable privacy policies
or federal or state laws or changes in applicable laws and regulations, or any compromise of security that results in the unauthorized
release of personal information or other user data could damage our reputation and the reputation of our third party vendors and service
providers, discourage potential users from trying their products and services and/or result in fines and/or proceedings by governmental
agencies and/or consumers, any one or all of which could adversely affect our business, financial condition and