Company: BTBT
Filing Date: 2025-07-03
Form Type: S-8 POS
Source: 0001213900-25-061371
Chunk: 81

Company: Bit Digital, Inc
Filing Date: 2025-07-03
Form: S-8 POS
Chunk 81
---
 have a
lasting impact on regional and global economies and harm our business and operating results.

<div align='center'>43</div>

Increased scrutiny and changing expectations from stakeholders with respect to our environmental, social, and governance (“ESG”) practices and the impacts of climate change may result in additional costs or risks.

Companies
across many industries are facing increasing scrutiny related to their ESG practices. Investor advocacy groups, certain institutional
investors, investment funds and other influential investors are also increasingly focused on ESG practices and in recent years have placed
increasing importance on the non-financial impacts of their investments. Furthermore, increased public awareness and concern regarding
environmental risks, including global climate change, has resulted and may continue to result in increased public scrutiny of our business
and our industry, and our management team may divert significant time and energy away from our operations and towards responding to such
scrutiny and reassuring our employees.

However,
WhiteFiber is committed to continuously embrace the sustainability of our HPC infrastructure with the majority of the GPUs running on
carbon-free renewable energy. The SEC has proposed rule changes that would require companies to include certain climate-related disclosures
such as climate-related risks that are reasonably likely to have a material impact on business, results of operations, or financial conditions.
Should such proposed rules be adopted, increased public scrutiny of our business may affect our operations, competitive position, and
financial condition.

In
addition, the physical risks of climate change may impact the availability and cost of materials and natural resources, sources and supply
of energy, could increase our insurance and other operating costs, including, potentially, to repair damage incurred as a result of extreme
weather events or to renovate or retrofit facilities to better withstand extreme weather events. If environmental laws or regulations
or industry standards in the U.S., Iceland or Canada are either changed or adopted and impose significant operational restrictions and
compliance requirements on our operations, or if our operations are disrupted due to the physical impacts of climate change, our business,
capital expenditures, results of operations, financial condition and competitive position could be negatively impacted.

We may depend upon outside advisors who may not be available on reasonable terms as needed.

To
supplement the business experience of our officers and directors, we employ technical experts, appraisers, attorneys, or other consultants
or advisors. Our management, with our board of directors’ approval in certain cases, without any input from shareholders will make
the selection of any such advisors. Furthermore, it is anticipated that such