Company: BTBT
Filing Date: 2025-07-03
Form Type: S-8 POS
Source: 0001213900-25-061371
Chunk: 86

Company: Bit Digital, Inc
Filing Date: 2025-07-03
Form: S-8 POS
Chunk 86
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 address unique issues associated with AI, are subject to significant
uncertainty, and vary widely across U.S., Iceland and Canada. These legal and regulatory regimes, including the laws, rules and regulations
thereunder, evolve frequently and may be modified, interpreted and applied in an inconsistent manner from one jurisdiction to another,
and may conflict with one another.

Moreover,
the complexity and evolving nature of our business and the significant uncertainty surrounding the regulation of AI, requires us to exercise
our judgment as to whether certain laws, rules and regulations apply to us or our customers, and it is possible that governmental bodies
and regulators may disagree with our or our customers’ conclusions. To the extent we or our customers have not complied with such
laws, rules and regulations, we could be subject to significant fines and other regulatory consequences, which could adversely affect
our business, prospects or financial condition.

Ongoing
and future regulatory actions, such as controls on the export of products and technology for AI uses, could effectively prevent our customers’
and our ongoing or planned co-hosting operations, limiting or preventing future revenue generation by us or rendering our operations obsolete.
Such actions could severely impact our ability to continue to operate and our ability to continue as a going concern or to pursue our
strategy at all, which would have a material adverse effect on our business, prospects or financial condition.

We are subject to governmental regulation and other legal obligations related to data privacy, data protection and information security. If we are unable to comply with these, we may be subject to governmental enforcement actions, litigation, fines and penalties or adverse publicity.

We
collect and process data, including personal, financial and confidential information about individuals, including our employees and business
partners; however, not of any customers or other third parties. The collection, use and processing of such data about individuals are
governed by data privacy laws and regulations enacted in the U.S. (federal and state), and other jurisdictions around the world. These
data privacy laws and regulations are complex, continue to evolve, and on occasion may be inconsistent between jurisdictions leading to
uncertainty in interpreting such laws and it is possible that these laws, regulations and requirements may be interpreted and applied
in a manner that is inconsistent with our existing information processing practices, and many of these laws are significantly litigated
and/or subject to regulatory enforcement. The implication of this includes that various federal, state and foreign legislative or regulatory
bodies may enact or adopt new or additional laws and regulations concerning data privacy, data retention