Company: BTBT
Filing Date: 2025-10-01
Form Type: 424B5
Source: 0001213900-25-094778
Chunk: 30

Company: Bit Digital, Inc
Filing Date: 2025-10-01
Form: 424B5
Chunk 30
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 it operates and its ability to successfully raise                                 
 capital on favorable terms or at all. For example, without obtaining additional debt financing, WhiteFiber will not have sufficient funds 
 to retrofit NC-1 into a HPC data center or achieve its estimated 76 MW (gross) of total HPC data center capacity by the end of the fourth 
 quarter of 2026 and other growth strategies.                                                                                              |

| ● | the intensity of competition in the data centers operations, including for real estate, energy and customers, 
 and WhiteFiber’s ability to compete;                                                                          |

<div align='center'>S-16</div>

| ● | the curtailment or disruption in energy supply in Iceland, Canada or the U.S. due to regulations and policies 
 implemented by their respective governments or otherwise;                                                     |

| ● | changes in tariffs or import restrictions; |

| ● | disruptions, shortages or delays in WhiteFiber’s ability to source GPUs and other materials and 
 price increases from suppliers have and may continue to occur                                   |

| ● | commercial success and market acceptance of AI infrastructure services; |

| ● | strategic transactions undertaken by WhiteFiber; |

| ● | additions or departures of key personnel; |

| ● | prevailing economic conditions; |

| ● | disputes or issues concerning our intellectual property or other proprietary rights, including, for example,                       
 if one of WhiteFiber’s customers were to obtain exclusive rights to open source technologies that we employ across its businesses, 
 its ability to realize significant operating efficiencies could be jeopardized                                                     |

| ● | its ability to prevent others from unauthorized use of its intellectual property, as it do not have any 
 patents protecting our intellectual property;                                                           |

| ● | sales of its ordinary shares by its officers, directors or significant shareholders; |

| ● | other actions taken by its shareholders; |

| ● | future sales or issuances of equity or debt securities by WhiteFiber; |

| ● | business disruptions caused by earthquakes, tornadoes or other natural disasters or any other adverse 
 impact to WhiteFiber’s data centers due to climate change;                                            |

| ● | issuance of new or changed securities analysts’ reports or recommendations regarding WhiteFiber; |

| ● | legal proceedings involving WhiteFiber or the industry in which it operates or both; |

| ● | changes in market valuations of companies similar to WhiteFiber; |

| ● | the prospects of the industry in which it operates; |

| ● | speculation or reports by the press or investment