Company: BTBT
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001013762-25-000307
Chunk: 518

Company: Bit Digital, Inc
Filing Date: 2025-03-14
Form: 10-K
Item: Item 1A
Chunk 518
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 Electronic
Communications Code, increasingly define certain of our services as regulated telecommunications services. This trend may continue and
will result in these offerings being subjected to additional data protection, security, law enforcement surveillance, and other obligations.
Regulators and private litigants may assert that our collection, use, and management of customer data and other information is inconsistent
with their laws and regulations, including laws that apply to the tracking of users via technology such as cookies. New environmental,
social, and governance laws and regulations are expanding mandatory disclosure, reporting, and diligence requirements. Legislative or
regulatory action relating to cybersecurity requirements may increase the costs to develop, implement, or secure our products and services.
Compliance with evolving digital accessibility laws and standards will require engineering and is important to our efforts to empower
all people and organizations to achieve more. Legislative and regulatory action is emerging in the areas of AI and content moderation,
which could increase costs or restrict opportunity. For example, in the EU, an AI Act has entered into force, and may entail increased
costs or decreased opportunities for the operation of our AI services in the European market. See “Our AI business is subject
to complex and evolving U.S. and foreign laws and regulations regarding AI, machine learning, and automated decision making”
risk factor above.

We are subject to extensive environmental,
health and safety laws and regulations that may expose us to significant liabilities for penalties, damages or costs of remediation or
compliance.

Our
operations and properties are subject to extensive laws and regulations governing occupational health and safety, the discharge of pollutants
into the environment or otherwise relating to health, safety and environmental protection requirements in the United States. These laws
and regulations may impose numerous obligations that are applicable to our operations, including acquisition of a permit or other approval
before conducting construction or regulated activities; restrictions on the types, quantities and concentration of materials that can
be released into the environment; limitation or prohibition of construction and operating activities in environmentally sensitive areas,
such as wetlands; imposing specific health and safety standards addressing worker protection; and imposition of significant liabilities
for pollution resulting from our operations, including investigation, remedial and clean-up costs. Failure to comply with these requirements
may expose us to fines, penalties and/or interruptions in our operations that could have a material adverse effect on our financial position,
results of operations and cash flows. Certain environmental laws may impose strict, joint and several liability for costs required to
clean up and restore sites where hazardous substances have been disposed or otherwise released into the