Company: BTBT
Filing Date: 2025-07-03
Form Type: S-8 POS
Source: 0001213900-25-061371
Chunk: 28

Company: Bit Digital, Inc
Filing Date: 2025-07-03
Form: S-8 POS
Chunk 28
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We have an evolving business model which is subject to various uncertainties.

As cloud services and data
centers become more widely available, we expect the services and products associated with them to evolve. In order to stay current with
the industry, our business model requires us to evolve as well. From time to time, we have modified and will continue to modify aspects
of our business model relating to our strategy. We cannot offer any assurance that these or any other modifications will be successful
or will not result in harm to our business. We may not be able to manage growth effectively, which could damage our reputation, limit
our growth and negatively affect our operating results. Further, we cannot provide any assurance that we will successfully identify all
emerging trends and growth opportunities in this business sector, and we may lose out on those opportunities. Such circumstances could
have a material adverse effect on our business, prospects or operations.

We may be negatively impacted by future litigation, claims or investigations.

We may become party to, among
other things, environmental, commercial, contract, warranty, antitrust, tax, property entitlements and land use, product liability, health
and safety, and employment claims. The outcome of any future lawsuits, claims, investigations or proceedings is often difficult to predict
and could be adverse and material in amount. In addition to the monetary cost, litigation can divert management’s attention from
its core business opportunities. Development of new information in these matters can often lead to changes in management’s estimated
liabilities associated with these proceedings including the judge’s rulings or judgements, jury verdicts, settlements or changes
in applicable law. The outcome of such matters is often difficult to predict, and unfavorable outcomes could have a material impact to
our results of operations, financial position and cash flows.

We do not have any business interruption or disruption insurance coverage.

Currently, we do not have
any business liability or disruption insurance to cover our operations, other than director’s and officer’s liability insurance.
We have determined that the costs of insuring for these risks and the difficulties associated with acquiring such insurance on commercially
reasonable terms make it impractical for us to have such insurance. Any uninsured business disruptions may result in our incurring substantial
costs and the diversion of resources, which could have an adverse effect on our results of operations and financial condition.

General risk factors that could impact our businesses.

Certain additional factors
may negatively impact our financial results in future periods. The following factors should be