BTBT · XBRL financial data
Bit Digital financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (BTBT's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | — | 96 | 32 | 45 | 108 | 114 |
| Cost of revenue | 14 | 31 | 20 | 30 | — | — |
| General and administrative | 3 | 39 | 23 | 28 | 42 | 81 |
| Total operating expenses | 20 | 83 | 139 | 62 | 80 | 205 |
| Other operating income (expense) | (0) | (4) | 1 | — | — | — |
| Operating income (loss) | 1 | 13 | (107) | (17) | 28 | (92) |
| Interest expense | — | — | — | — | — | 3 |
| Other income (expense) | (0) | 1 | (1) | 3 | 6 | (7) |
| Income tax expense (benefit) | — | 4 | (1) | 0 | 4 | (2) |
| Net income (loss) | (2) | 5 | (105) | (14) | 28 | (80) |
| Earnings per share, basic USD per share | (0.07) | 0.09 | (1.34) | (0.16) | 0.20 | (0.31) |
| Earnings per share, diluted USD per share | (0.07) | 0.08 | (1.34) | (0.16) | 0.19 | (0.31) |
| Weighted average shares, basic millions of shares | 31 | 55 | 79 | 88 | 140 | 258 |
| Weighted average shares, diluted millions of shares | 31 | 58 | 79 | 88 | 142 | 258 |
Balance sheet
CSVFiscal years (BTBT's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 0 | 42 | 33 | 17 | 95 | 118 |
| Accounts receivable | — | — | — | — | 5 | 24 |
| Total current assets | 9 | 97 | 64 | 83 | 297 | 594 |
| Property and equipment, net | 30 | 32 | 23 | 81 | 107 | 360 |
| Right-of-use asset | — | — | — | 6 | 15 | 12 |
| Goodwill | — | — | — | — | 19 | 20 |
| Total assets | 40 | 180 | 100 | 189 | 538 | 1,174 |
| Accounts payable | — | — | 4 | 2 | 3 | 9 |
| Total current liabilities | 2 | 5 | 7 | 27 | 55 | 93 |
| Total deposits | 2 | 3 | 0 | — | — | — |
| Long-term debt | — | 3 | 3 | — | — | — |
| Lease liability, non-current | — | — | — | 4 | 9 | 5 |
| Total liabilities | 2 | 8 | 10 | 37 | 75 | 309 |
| Accumulated deficit | (16) | (20) | (131) | (147) | (98) | (179) |
| Total stockholders' equity | 38 | 172 | 90 | 153 | 463 | 724 |
| Total liabilities and equity | 40 | 180 | 100 | 189 | 538 | 1,174 |
| Common shares outstanding (cover page) millions of shares | 48 | 73 | 82 | 107 | 182 | 327 |
Cash flows
CSVFiscal years (BTBT's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | (2) | 5 | (105) | (14) | 28 | (80) |
| Stock-based compensation | — | 22 | 2 | 9 | 10 | 25 |
| Depreciation and amortization | 3 | 13 | 28 | 13 | 32 | 37 |
| Net cash from operating activities | (3) | (23) | (8) | 1 | (13) | (289) |
| Purchases of property and equipment | 5 | 6 | 19 | 67 | 94 | 286 |
| Net cash from investing activities | (2) | (41) | (19) | (69) | (149) | (287) |
| Proceeds from issuing common stock | 5 | 75 | 21 | 45 | — | — |
| Share repurchases | — | 1 | 0 | — | — | — |
| Dividends paid | — | — | — | 2 | — | 1 |
| Net cash from financing activities | 5 | 106 | 19 | 52 | 243 | 599 |
| Net change in cash | (0) | 42 | (8) | (16) | — | — |
Compare with peers
SIC 6199 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6199 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Bit Digital | 84 | 32 | 48* | 360.6M | — | 10-QJun 30, 2026 |
| Green Dot | 1,143 | 596 | 100* | 57.0M | — | 10-QJun 30, 2026 |
| GPGI | 7.7 | 0 | 8.6* | 289.9M | — | 10-QJun 30, 2026 |
| Sharplink | 56 | 12 | (7.2)* | 217.2M | 7.9 quarters | 10-QJun 30, 2026 |
| WhiteFiber | 56 | 29 | 86* | 38.8M | — | 10-QJun 30, 2026 |
| Hyperliquid Strategies | 138 | year only | (3.8)* | 197.8M | 36.0 quarters | 10-KJun 30, 2026 |
| Gemini Space Station | 189 | 45 | (51)* | not reported | 3.7 quarters | 10-QJun 30, 2026 |
| Startengine Crowdfunding | 23 | 39 | 2.7* | 758.4M | — | 10-QSep 30, 2026 |
| Keel Infrastructure | 769 | 30 | (53)* | 617.6M | 14.5 quarters | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.
