Company: BTBT
Filing Date: 2025-07-03
Form Type: S-8 POS
Source: 0001213900-25-061371
Chunk: 49

Company: Bit Digital, Inc
Filing Date: 2025-07-03
Form: S-8 POS
Chunk 49
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 rates, declines in consumer confidence, declines in economic growth, increases in unemployment rates and
uncertainty about economic stability. Such macroeconomic conditions could also make it more difficult for us to incur additional debt
or obtain equity financing.

If we raise additional equity financing, our shareholders
may experience significant dilution of their ownership interests, and the per share value of our Ordinary Shares could decline. Furthermore,
if we engage in debt financing, the holders of debt likely would have priority over the holders of our Ordinary Shares on order of payment
preference. We may be required to accept terms that restrict or limit our ability to, among other things:

| ● | Pay cash dividends to our stockholders, subject to certain limited exceptions;                                                                                                |
| ● | Redeem or repurchase our ordinary shares or other equity;                                                                                                                     |
| ● | Incur additional indebtedness;                                                                                                                                                |
| ● | Permit liens on assets;                                                                                                                                                       |
| ● | Make certain investments (including through the acquisition of stock, shares, partnership or limited liability company interests, any loan, advance or capital contribution); |
| ● | Sell, lease, license, lend or otherwise convey an interest in a material portion of our assets; and                                                                           |
| ● | Sell or otherwise issue ordinary shares or other capital stock subject to certain limited exceptions.                                                                         |

These restrictions may limit our ability to obtain
additional financing, withstand downturns in our business or take advantage of business opportunities.

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The properties included in our mining network may experience damage, including damage that is not covered by insurance.

As of March 31, 2025, our mining operations in
the states of Texas, Kentucky and New York in the United States and Iceland are, and any future mining sites we may establish will be,
subject to a variety of risks relating to physical condition and operation, including, but not limited to:

| ● | the presence of construction or repair defects or other structural or building damage; |

| ● | any noncompliance with or liabilities under applicable environmental, health or safety regulations or requirements or building permit requirements; |

| ● | any damage resulting from natural disasters, such as hurricanes, earthquakes, fires, floods and windstorms; and |

| ● | claims by employees and others for injuries sustained at our properties. |

For example, our mines could be rendered inoperable,
temporarily or permanently, as a result of a fire or other natural disaster, the coronavirus or another pandemic, or by a terrorist or
other