Company: BTBT
Filing Date: 2025-07-02
Form Type: S-8
Source: 0001213900-25-061020
Chunk: 80

Company: Bit Digital, Inc
Filing Date: 2025-07-02
Form: S-8
Chunk 80
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 in turn have a material
adverse impact on our business, financial condition and results of operations.

Uncertainty in the global economy and instability within international relations, including changes in governmental policies relating to technology, and any potential downturn in the semiconductor and electronics industries, may negatively impact our business.

There is inherent risk, based
on the complex relationships between certain countries and within regions, that political, diplomatic or military events could result
in trade disruptions and other disruptions in the markets and industries we serve and our supply chain. For example, the ongoing geopolitical
and economic uncertainty between the U.S. and China, the unknown impact of current and future U.S. and Chinese trade regulations, and
geopolitical risks between the U.S, Canada, where our data centers are located, between the U.S. and Mexico, where certain components
are supplied, or between China and Taiwan where chips are manufactured, could, directly or indirectly, materially harm our business, financial
condition and results of operations.

While overall semiconductor
supply conditions have improved, we continue to monitor potential availability constraints for high-performance GPUs and related hardware,
which may affect the timing of future deployments in our cloud services business.

Furthermore, political or
economic conflicts between various global actors, and responsive measures that have been taken and could be taken in the future, have
created and can further create significant global economic uncertainty that could prolong or expand such conflicts, which could have a
lasting impact on regional and global economies and harm our business and operating results.

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Increased scrutiny and changing expectations from stakeholders with respect to our environmental, social, and governance (“ESG”) practices and the impacts of climate change may result in additional costs or risks.

Companies
across many industries are facing increasing scrutiny related to their ESG practices. Investor advocacy groups, certain institutional
investors, investment funds and other influential investors are also increasingly focused on ESG practices and in recent years have placed
increasing importance on the non-financial impacts of their investments. Furthermore, increased public awareness and concern regarding
environmental risks, including global climate change, has resulted and may continue to result in increased public scrutiny of our business
and our industry, and our management team may divert significant time and energy away from our operations and towards responding to such
scrutiny and reassuring our employees.

However,
WhiteFiber is committed to continuously embrace the sustainability of our HPC infrastructure with the majority of the GPUs running on
carbon-free renewable energy. The SEC has proposed rule