Company: BTBT
Filing Date: 2025-07-03
Form Type: S-8 POS
Source: 0001213900-25-061371
Chunk: 29

Company: Bit Digital, Inc
Filing Date: 2025-07-03
Form: S-8 POS
Chunk 29
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 considered for a better understanding of
the risks to us:

| ● | Acquisition, disposal, and impairments of assets or facilities: These activities can lead to financial losses, operational disruption, or reduced asset value if transactions are poorly timed, overpriced, or if market conditions change. |

| ● | The cyclical nature of large infrastructure projects. Our data center development is subject to long lead times, significant upfront capital investment, including equity and debt financing, and dependence on customer demand forecasts. As a result, our infrastructure projects are exposed to economic cycles, technology refresh cycles, and shifts in AI or cloud compute demand. |

| ● | Labor negotiations or disputes: Work stoppages or unfavorable labor terms can disrupt operations, increase costs, and delay project timelines. |

| ● | Inability of contract counterparts to meet their contractual obligations: Default by suppliers, customers, or partners can result in revenue shortfalls, service disruptions, or increased costs to find replacements. |

| ● | The inability to effectively integrate the operations and the internal controls of any acquired companies: Poor integration can lead to inefficiencies, compliance risks, and failure to realize expected synergies, affecting overall financial and operational performance. |

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We maintain cash deposits in excess of federally insured limits. Adverse developments affecting financial institutions, including bank failures, could adversely affect our liquidity and financial performance.

We regularly maintain domestic
cash deposits in Federal Deposit Insurance Corporation (“FDIC”) insured banks that exceed the FDIC insurance limits. Bank
failures, events involving limited liquidity, defaults, non-performance, or other adverse developments that affect financial institutions,
or concerns or rumors about such events, may lead to liquidity constraints. For example, on March 10, 2023, Silicon Valley Bank failed
and was taken into receivership by the FDIC. The failure of a bank, or other adverse conditions in the financial or credit markets impacting
financial institutions at which we maintain balances, could adversely impact our liquidity and financial performance. There can be no
assurance that our deposits in excess of the FDIC or other comparable insurance limits will be backstopped by the U.S., or that any bank
or financial institution with which we do business will be able to obtain needed liquidity from other banks, government institutions or
by acquisition in the event of a failure or liquidity crisis.

Failure to manage our liquidity and cash flows may materially and adversely affect our financial conditions and results of operations. As a result, we may need additional capital, and financing may