Company: BTBT
Filing Date: 2025-07-02
Form Type: S-8
Source: 0001213900-25-061020
Chunk: 116

Company: Bit Digital, Inc
Filing Date: 2025-07-02
Form: S-8
Chunk 116
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result in substantial costs and a diversion of our managerial and financial resources. We can provide no assurance that we will prevail
in such litigation. In addition, our trade secrets may be leaked or otherwise become available to, or be independently discovered by,
our competitors. To the extent that our employees or consultants use intellectual property owned by others in their work for us, disputes
may arise as to the rights in related know-how and inventions. Any failure in protecting or enforcing our intellectual property rights
could have a material adverse effect on our business, financial condition and results of operations.

We may be subject to intellectual property infringement claims, which may be expensive to defend and may disrupt our business and operations.

We
cannot be certain that our operations or any aspects of our business do not or will not infringe upon or otherwise violate trademarks,
patents, copyrights, know-how or other intellectual property rights held by third parties. We may be, from time to time in the future,
subject to legal proceedings and claims relating to the intellectual property rights of others. In addition, there may be third-party
trademarks, patents, copyrights, know-how or other intellectual property rights that are infringed by our products, services or other
aspects of our business without our awareness. Holders of such intellectual property rights may seek to enforce such intellectual property
rights against us in China, the United States or other jurisdictions. If any third-party infringement claims are brought against us, we
may be forced to divert management’s time and other resources from our business and operations to defend against these claims, regardless
of their merits. If we were found to have violated the intellectual property rights of others, we may be subject to liability for our
infringement activities or may be prohibited from using such intellectual property, and we may incur licensing fees or be forced to develop
alternatives of our own. Moreover, the intellectual property ownership and license rights, including copyright, surrounding AI technologies
has not been fully addressed by courts or laws or regulations, and the use or adoption of AI technologies into our offerings may result
in exposure to claims of copyright infringement or other intellectual property misappropriation. As a result, our business and results
of operations may be materially and adversely affected.

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Issues in the development and use of AI may result in reputational or competitive harm or liability.

We
continue to incorporate AI into our cloud services and infrastructure, and we are also providing computing power for our customers to
use in solutions that