Company: BTBT
Filing Date: 2025-07-03
Form Type: S-8 POS
Source: 0001213900-25-061371
Chunk: 39

Company: Bit Digital, Inc
Filing Date: 2025-07-03
Form: S-8 POS
Chunk 39
---
 these factors.

<div align='center'>18</div>

We face intense competition in the data centers operations and may not be able to compete with other companies. If we do not continue to innovate in the design and management of data centers in order to offer innovative solutions to store, process and manage digital information, including AI and ML applications, to our customers and partners, we may not remain competitive, which could harm our business, financial condition, data centers and operating results.

We
may not be able to compete successfully against present or future competitors. We do not have the capital resources to compete with larger
providers of similar data centers at this time. Our data centers business environment is rapidly evolving and intensely competitive, and
it faces frequent introductions of rival solutions and new technologies. To compete successfully, we must, among other things, accurately
anticipate data center technology developments and innovate data centers’ design, management and technologies in a timely manner.
As our data centers business evolves, the competitive pressure to innovate will encompass a wider range of technologies and solutions.
We must continue to invest significant resources in personnel, technical infrastructure and R&D, including through acquisitions, in
order to advance/innovate our data centers. With the limited resources we have available, we may experience difficulties in expanding
and improving our data centers. Competition from existing and future competitors, particularly those better capitalized, could result
in our inability to secure acquisitions and partnerships that we may need to expand our data centers business in the future. This competition
from other entities with greater resources, experience and reputation may result in our failure to maintain or expand our data center
business, as we may never be able to successfully execute our business plan. If we are unable to expand and remain competitive, our business
could be negatively affected, which would have an adverse effect on the trading price of our Ordinary Shares, which would harm our investors.

We depend upon third-party suppliers for power, and we are vulnerable to service failures and price increases by such suppliers and to volatility in the supply and price of power in the open market.

We
rely on third parties to provide power to our data centers, and we cannot ensure that these third parties will deliver such power in adequate
quantities or on a consistent basis. We are also reliant on third parties to deliver additional power capacity to support the growth of
our business. If the amount of power available to us is inadequate to support our customer requirements, we may be unable to satisfy our
obligations to our customers or