Company: BTBT
Filing Date: 2025-04-30
Form Type: S-3
Source: 0001213900-25-037166
Chunk: 17

Company: Bit Digital, Inc
Filing Date: 2025-04-30
Form: S-3
Chunk 17
---
 associated with our business include:

| ● | We have a history of operating losses, and we                                                                                              
 may not be able to sustain profitability; we have recently shifted our emphasis from our digital assets mining business, to cloud services 
 and HPC data centers and we may not be continuously successful in this business.                                                           |

| ● | Our results of operations may fluctuate significantly                 
 and may not fully reflect the underlying performance of our business. |

| ● | We may acquire other businesses, form joint ventures                                                                                          
 or acquire other companies or businesses that could negatively affect our operating results, dilute our shareholders’ ownership,              
 increase our debt or cause us to incur significant expense; notwithstanding the foregoing, our growth may depend on our success in uncovering 
 and completing such transactions.                                                                                                             |

| ● | Our new services and changes to existing services                                                                  
 could fail to attract or retain users or generate revenue and profits, or otherwise adversely affect our business. |

| ● | From time to time we may evaluate and potentially                                                                                     
 consummate strategic investments, combinations, joint-ventures, acquisitions or alliances, which could require significant management 
 attention, disrupt our business and adversely affect our financial results.                                                           |

| ● | The loss of any member of our management team,                                                                                           
 our inability to execute an effective succession plan, or our inability to attract and retain qualified personnel could adversely affect 
 our business.                                                                                                                            |

| ● | We incur significant costs and demands upon management                                                                                     
 and accounting and finance resources as a result of complying with the laws and regulations affecting public companies; if we fail to      
 maintain proper and effective internal controls, our ability to produce accurate and timely financial statements and otherwise make timely 
 and accurate public disclosure could be impaired, which could harm our operating results, our ability to operate our business and our      
 reputation.                                                                                                                                |

| ● | If we cannot maintain our corporate culture as                                                  
 we grow, we could lose the innovation, collaboration and focus that contribute to our business. |

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

| ● | Cyberattacks and security breaches of cloud services,                                                                                    
 or those impacting our third parties, could adversely impact our brand and reputation and our business, operating results, and financial 
 condition.                                                                                                                               |

| ● | Our operations may be negatively affected if                                        
 we are unable to obtain, develop and retain key personnel and skilled labor forces. |

| ● | Supply chain disruptions may adversely affect 
 WhiteFiber’s operations.                      |