Company: BTBT
Filing Date: 2025-07-03
Form Type: S-8 POS
Source: 0001213900-25-061371
Chunk: 27

Company: Bit Digital, Inc
Filing Date: 2025-07-03
Form: S-8 POS
Chunk 27
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 could have a material adverse effect on our results
of operations and cash flow. In the event that any of our customers experience a decline in their equipment usage for any reason, or decide
to discontinue the use of our facilities, we may be compelled to lower our prices or risk losing a significant customer. Such developments
could adversely affect our profit margins and financial position, leading to a negative impact on our revenue and operational results.

Failure to attract, grow and retain a diverse and balanced customer base, could adversely affect our business and operating results.

Our
ability to attract, grow and retain a diverse and balanced customer base, consisting of enterprises, cloud service providers, network
service providers, and digital economy customers, may affect our ability to grow our business. Currently our data center operations are
limited to Iceland and Montreal, Canada which enables us to better generate significant interconnection revenues, which in turn increases
our overall revenues. Our ability to attract customers to our data centers will depend on a variety of factors, including our product
offerings, the presence of carriers, the overall mix of customers, the presence of key customers attracting business through ecosystems,
the data center’s operating reliability and security and our ability to effectively market our product offerings. Our inability
to develop, provide or effectively execute any of these factors may adversely affect the development, growth and retention of a diverse
and balanced customer base and adversely affect our business, financial condition and results of operations.

Our new services and changes to existing services could fail to attract or retain users or generate revenue and profits, or otherwise adversely affect our business.

Our
ability to retain, increase, and engage our customer base and to increase our revenue depends heavily on our ability to continue to evolve
our existing services and to create successful new services, both independently and in conjunction with developers or other third parties.
We may introduce significant changes to our existing services or acquire or introduce new and unproven services, including using technologies
with which we have little or no prior development or operating experience. These efforts, including the introduction of new services or
changes to existing services, may result in new or enhanced governmental or regulatory scrutiny, litigation, ethical concerns, or other
complications that could adversely affect our business, reputation, or financial results. If our new services fail to engage users or
developers, or if our business plans are unsuccessful, we may fail to attract or retain users or to generate sufficient revenue, operating
margin, or other value to justify our investments, and our business may be adversely affected