Company: BTBT
Filing Date: 2025-07-03
Form Type: S-8 POS
Source: 0001213900-25-061371
Chunk: 80

Company: Bit Digital, Inc
Filing Date: 2025-07-03
Form: S-8 POS
Chunk 80
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 work, and mechanical systems operate across borders. Increased trade friction could reduce labor
mobility, increase wages, or limit access to essential expertise, slowing project execution.

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Such higher costs for critical
data center components, potential disruptions to equipment supply chains and labor and cross-border workforce challenges could have material
adverse effects on our business, financial condition and results of operations.

Additionally, if tariffs increase
the cost of building and operating data centers in the U.S. and Canada, our customers, hyperscalers and cloud providers, may shift expansion
plans to more cost-effective regions, such as Europe or Asia. This could negatively impact [short-term and] long-term demand for WhiteFiber’s
colocation and infrastructure services.

Finally, in response to tariffs,
other countries have implemented retaliatory tariffs on U.S. goods. Political tensions as a result of trade policies could reduce
trade volume, investment, technological exchange, and other economic activities between major international economies, resulting in a
material adverse effect on global economic conditions and the stability of global financial markets, which could 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