Company: BTBT
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110383
Chunk: 508

Company: Bit Digital, Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Part II, Item 1A
Chunk 508
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’s planned expansions and new project
timelines. Any material disruption at WhiteFiber’s facilities or those of its customers or suppliers or otherwise within its supply
chain, whether as a result of downtime, work stoppages or facility damage could prevent WhiteFiber from meeting future customer demands
or expected timelines, require it to incur unplanned capital expenditures, or cause other material disruptions to its operations, any
of which could have a material adverse effect on WhiteFiber’s future operations, financial position and cash flows. Further, supply
chain disruptions can occur from events out of WhiteFiber’s control, such as environmental incidents or other catastrophes.  

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

As
cloud services and WhiteFiber 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, as the markets in which we operate continue
to evolve, new market participants have emerged and may continue to emerge and this may require us to further evaluate our business model
and products and services. 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
do not have any business interruption or disruption insurance coverage.

Currently,
we do not have any business liability or disruption insurance to cover our operations, other than director’s and officer’s
liability insurance. We have determined that the costs of insuring for these risks and the difficulties associated with acquiring such
insurance on commercially reasonable terms make it impractical for us to have such insurance. Any uninsured business disruptions may
result in our incurring substantial costs and the diversion of resources, which could have an adverse effect on our results of operations
and financial condition.

Risks
Related to the Geopolitical Uncertainty

Changes
in tariffs or import restrictions could have a material adverse effect on our business, financial condition and results of operations.