Company: BTBT
Filing Date: 2025-07-02
Form Type: S-8
Source: 0001213900-25-061020
Chunk: 35

Company: Bit Digital, Inc
Filing Date: 2025-07-02
Form: S-8
Chunk 35
---
 in the past, demand by our customers for compute resources, including
our solutions and services, may not continue to increase over time, or may decrease if overall demand for AI is impacted by a lack of
further technological development. If we are unable to keep up with the changing AI landscape or in developing services to meet our customers’
evolving AI needs, or if the AI landscape does not develop to the extent we or our customers expect, our business, operating results,
financial condition, and future prospects may be adversely impacted.

Additionally,
we may incur significant costs and experience significant delays in developing new solutions and services or enhancing our current platform
to adapt to the changing AI landscape, and may not achieve a return on investment or capitalize on the opportunities presented by demand
for AI solutions. Moreover, while AI adoption is likely to continue and may accelerate, the long-term trajectory of this technological
trend is uncertain. Further, market acceptance, understanding, and valuation of solutions and services that incorporate AI Technologies
are uncertain and the perceived value of AI Technologies used and/or provided by our customers could be inaccurate. If AI is not broadly
adopted by enterprises to the extent we expect, or if new use cases do not arise, then our opportunity may be smaller than we expect.
Further, if the consumer perception and perceived value of AI Technologies is inaccurate this could have a material adverse effect on
our customers, which in turn could have a material adverse effect on our business, operating results, financial condition, and future
prospects.

Concerns
relating to the responsible use by our customers of new and evolving technologies, such as AI, which are supported by our platform, may
result in collateral reputational harm to us. AI may pose emerging ethical issues and if our platform enables customer solutions that
draw controversy due to their perceived or actual impact on society, we may experience brand or reputational harm, competitive harm, or
legal liability.

Furthermore,
the rapid pace of innovation in the field of AI has led to developing and evolving regulatory frameworks globally, which are expected
to become increasingly complex as AI continues to evolve. Regulators and lawmakers around the world have started proposing and adopting,
or are currently considering, regulations and guidance specifically on the use of AI. Regulations related to AI Technologies have been
introduced in the United States at the federal level and are also enacted and advancing at the state level. Additional regulations may
impact our customers’ ability to develop, use and commercialize AI Technologies, which would impact demand for