Company: BTBT
Filing Date: 2025-10-31
Form Type: S-3ASR
Source: 0001213900-25-104745
Chunk: 58

Company: Bit Digital, Inc
Filing Date: 2025-10-31
Form: S-3ASR
Chunk 58
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 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; |

| ● | 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 does not have any patents protecting our intellectual property; |

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

<div align='center'>S-7</div>

| ● | 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 community 
 with respect to WhiteFiber or its industry in general; and  |

| ● | the level of short interest in WhiteFiber’s ordinary 
 shares.                                              |

In addition, the stock markets have recently and
in the past experienced extreme volatility that