Company: BTBT
Filing Date: 2025-07-03
Form Type: S-8 POS
Source: 0001213900-25-061371
Chunk: 42

Company: Bit Digital, Inc
Filing Date: 2025-07-03
Form: S-8 POS
Chunk 42
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 retain existing customers, which could have an adverse effect on our business,
financial condition and results of operations.

Any failure of our physical or information technology or operational technology infrastructure or services could lead to significant costs and disruptions.

Our
business depends on providing customers with highly reliable services, including with respect to power supply, physical security, cybersecurity,
and maintenance of environmental conditions. We may fail to provide such services because our operations are vulnerable to, among other
things, mechanical or telecommunications failure, power outage, human error, physical or electronic security breaches, cyberattacks, ransomware
attacks, war, terrorism, fire, earthquake, pandemics, hurricane, flood and other natural disasters, sabotage and vandalism.

Substantially
all of our customer agreements include terms requiring us to meet certain service level commitments. Any failure to meet these or other
commitments or any equipment damage in our data centers due to any reason could subject us to contractual liability, including service
level credits against customer rent payments, legal liability and monetary damages, regulatory sanctions, or, in certain cases of repeated
failures, the right by the customer to terminate the agreement. Service interruptions, equipment failures or security breaches could also
materially impact our brand and reputation globally and lead to customer contract terminations or non-renewals and an inability to attract
customers in the future.

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Any disruption of service experienced by certain of our third-party service providers, or our ineffective management of relationships with third-party service providers could harm our business, financial condition, operating results, cash flows and prospects.

We
rely on several third-party service providers for services that are essential to our business model, the most important of which are our
suppliers of power, electrical equipment (including GPU servers), building materials, and construction services. Additionally, as we build
our cloud service business, we also expect to rely on third parties to lease or sell us equipment which we then lease to certain of our
cloud service and colocation data center customers. In addition, we may depend upon outside advisors who may not be available on reasonable
terms as needed, or at all. To supplement the business experience of our officers and directors, we may be required to employ technical
experts, appraisers, attorneys, or other consultants or advisors. If these third parties or other outside advisors experience difficulty
providing the services we require, or if they experience disruptions or financial distress or cease operations temporarily or permanently,
or if the products they supply are defective