Company: BTBT
Filing Date: 2025-07-03
Form Type: S-8 POS
Source: 0001213900-25-061371
Chunk: 89

Company: Bit Digital, Inc
Filing Date: 2025-07-03
Form: S-8 POS
Chunk 89
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 market. See “Our cloud services business is subject to complex and evolving U.S. and foreign laws and regulations regarding AI, machine learning, and automated decision making” risk factor above.

We are subject to extensive environmental, health and safety laws and regulations that may expose us to significant liabilities for penalties, damages or costs of remediation or compliance.

Our
operations and properties are subject to extensive laws and regulations governing occupational health and safety, the discharge of pollutants
into the environment or otherwise relating to health, safety and environmental protection requirements, laws and regulations. These laws
and regulations can increase capital, operating and other costs; cause delays as a result of litigation and administrative proceedings;
and create environmental compliance, remediation, containment, monitoring and reporting obligations. Environmental laws and regulations
can also require us to install pollution control equipment at facilities where it operates, and correct environmental hazards, including
payment of all or part of the cost to remediate sites where activities of other parties, caused environmental contamination. These laws
and regulations may impose numerous obligations that are applicable to our operations, including acquisition of a permit or other approval
before conducting construction or regulated activities; restrictions on the types, quantities and concentration of materials that can
be released into the environment; limitation or prohibition of construction and operating activities in environmentally sensitive areas,
such as wetlands; imposing specific health and safety standards addressing worker protection; and imposition of significant liabilities
for pollution resulting from our operations, including investigation, remedial and clean-up costs. Failure to comply with these requirements
may expose us to fines, penalties and/or interruptions in our operations that could have a material adverse effect on our financial position,
results of operations and cash flows. Certain environmental laws may impose strict, joint and several liability for costs required to
clean up and restore sites where hazardous substances have been disposed or otherwise released into the environment, even under circumstances
where the hazardous substances were released by prior owners or operators or the activities conducted and from which a release emanated
complied with applicable law. Moreover, it is not uncommon for neighboring landowners and other third parties to file claims for personal
injury and property damage allegedly caused by noise or the release of hazardous substances into the environment.

The
trend in environmental regulation has been to place more restrictions and limitations on activities that may be perceived to impact the
environment, and thus there can be no assurance as to the amount or timing of future expenditures for environmental regulation compliance
or remediation. New or revised regulations that result in increased compliance costs or additional operating