Company: BTBT
Filing Date: 2025-07-03
Form Type: S-8 POS
Source: 0001213900-25-061371
Chunk: 90

Company: Bit Digital, Inc
Filing Date: 2025-07-03
Form: S-8 POS
Chunk 90
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 restrictions could have
a material adverse effect on our financial position, results of operations and cash flows.

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Failure to comply with anti-corruption and anti-money laundering laws, including the Foreign Corrupt Practices Act (the “FCPA”) and similar laws associated with our activities outside of the United States, could subject us to penalties and other adverse consequences.

We
operate an international business and may have direct or indirect interactions with officials and employees of government agencies or
state-owned or affiliated entities. We are subject to the FCPA, and other applicable anti-corruption and anti-money laundering laws in
certain countries in which we conduct activities. The FCPA prohibits providing, offering, promising, or authorizing, directly or indirectly,
anything of value to government officials, political parties, or political candidates for the purpose of obtaining or retaining business
or securing any improper business advantage. In addition, U.S. public companies are required to maintain records that accurately and fairly
represent their transactions and have an adequate system of internal accounting controls.

In
many foreign countries, including countries in which we may conduct business, it may be a local custom that businesses engage in practices
that are prohibited by the FCPA, or other applicable laws and regulations. We face significant risks if we or any of our directors, officers,
employees, contractors, agents or other partners or representatives fail to comply with these laws and governmental authorities in the
United States and elsewhere could seek to impose substantial civil and/or criminal fines and penalties which could have a material adverse
effect on our business, reputation, operating results, prospects and financial condition.

Any
violation of the FCPA, other applicable anti-corruption laws, or anti-money laundering laws could result in whistleblower complaints,
adverse media coverage, investigations, loss of export privileges, severe criminal or civil sanctions and, in the case of the FCPA, suspension
or debarment from U.S. government contracts, any of which could have a materially adverse effect on our reputation, business, operating
results, prospects and financial condition. In addition, responding to any enforcement action or internal investigation related to alleged
misconduct may result in a significant diversion of management’s attention and resources and significant defense costs and other
professional fees.

`

Changes in tax law may negatively affect our business.

Changes to federal, state,
local and foreign tax laws have the ability to benefit or adversely affect WhiteFiber’s earnings and customer costs. Significant
changes to corporate tax rates could