Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 1102

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 1102
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 industry more broadly. Further, we may be subject to investigation, administrative or court proceedings,
and civil or criminal monetary fines and penalties as a result of any regulatory enforcement actions, all of which could harm our reputation
and affect the value of our common stock.

18

Bitcoin
and Bitcoin mining, as well as cryptocurrencies generally, may be made illegal in certain jurisdictions, including the ones we operate
in, which could adversely affect our business prospects and operations.

Although
we do not anticipate any material adverse regulations on Bitcoin mining in our jurisdictions of operation, it is possible that state
or federal regulators may seek to impose harsh restrictions or total bans on cryptocurrency mining which may make it impossible for us
to do business without relocating our mining operations, which could be very costly and time consuming. Further, although Bitcoin and
Bitcoin mining, as well as cryptocurrencies generally, are largely unregulated in most countries (including the United States), regulators
in certain jurisdictions may undertake new or intensify existing regulatory actions in the future that could severely restrict the right
to mine, acquire, own, hold, sell, or use cryptocurrency or to exchange it for traditional fiat currency such as the United States Dollar.
Such restrictions may adversely affect us as the large-scale use of cryptocurrencies as a means of exchange is presently confined to
certain regions globally. Such circumstances could have a material adverse effect on us, which could have a material adverse effect on
our business, prospects or operations and potentially the value of any Bitcoin we mine or otherwise acquire or hold for our own account,
and thus negatively affect the value of our common stock.

The
costs associated with our Bitcoin mining operations could be subject to significant increase in the future should there occur an increase
in the VAT tax imposed on our hosting services.

The
Company’s Bitcoin mining operations are hosted in a Northern European country that imposes a broadly-based consumption tax assessed
on the value added to goods and services within its country (a “VAT tax”). However, upon the advice of our local tax advisors,
an international accounting firm, the Company has concluded that the imposition of a VAT tax upon in-country hosting services is subject
to uncertainty. Rather than paying no VAT tax pending clarification of this uncertainty, and upon the advice of our local tax advisors,
the Company has implemented a structured leasing arrangement with its hosting counterparty in which lease payments to be received will
be subject to a VAT tax upon which the Company will remit payment. While the Company believes that by adopting this type of structured
arrangement,