Company: BTBT
Filing Date: 2025-07-02
Form Type: S-8
Source: 0001213900-25-061020
Chunk: 27

Company: Bit Digital, Inc
Filing Date: 2025-07-02
Form: S-8
Chunk 27
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 key customers attracting business through ecosystems,
the data center’s operating reliability and security and our ability to effectively market our product offerings. Our inability
to develop, provide or effectively execute any of these factors may adversely affect the development, growth and retention of a diverse
and balanced customer base and adversely affect our business, financial condition and results of operations.

Our new services and changes to existing services could fail to attract or retain users or generate revenue and profits, or otherwise adversely affect our business.

Our
ability to retain, increase, and engage our customer base and to increase our revenue depends heavily on our ability to continue to evolve
our existing services and to create successful new services, both independently and in conjunction with developers or other third parties.
We may introduce significant changes to our existing services or acquire or introduce new and unproven services, including using technologies
with which we have little or no prior development or operating experience. These efforts, including the introduction of new services or
changes to existing services, may result in new or enhanced governmental or regulatory scrutiny, litigation, ethical concerns, or other
complications that could adversely affect our business, reputation, or financial results. If our new services fail to engage users or
developers, or if our business plans are unsuccessful, we may fail to attract or retain users or to generate sufficient revenue, operating
margin, or other value to justify our investments, and our business may be adversely affected.

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We have an evolving business model which is subject to various uncertainties.

As cloud services and data
centers become more widely available, we expect the services and products associated with them to evolve. In order to stay current with
the industry, our business model requires us to evolve as well. From time to time, we have modified and will continue to modify aspects
of our business model relating to our strategy. We cannot offer any assurance that these or any other modifications will be successful
or will not result in harm to our business. We may not be able to manage growth effectively, which could damage our reputation, limit
our growth and negatively affect our operating results. Further, we cannot provide any assurance that we will successfully identify all
emerging trends and growth opportunities in this business sector, and we may lose out on those opportunities. Such circumstances could
have a material adverse effect on our business, prospects or operations.

We may be negatively impacted by future litigation, claims or investigations.

We may become party to, among
other things, environmental, commercial, contract, warranty