BIT DIGITAL, INC. financials
Source: EDGAR filings · Built 2026-06-02T02:31:13Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -574.94M | -106.99M | -65.55M | -27.83M | -64.19M | -5.48M |
| EBITDA | -55.02M | 59.87M | -2.19M | -79.34M | 20.32M | 4.90M |
| Working Capital | 500.80M | 241.83M | 56.26M | 56.95M | 85.27M | 6.83M |
| Net Debt | 55.52M | -80.61M | -8.78M | -29.65M | -39.63M | — |
| Gross Margin | — | — | 34.20% | 36.91% | 68.01% | 33.04% |
| Operating Margin | -80.87% | 25.51% | -37.00% | -331.82% | 6.13% | 7.39% |
| Net Margin | -70.73% | 26.20% | -30.93% | -326.03% | -1.05% | -10.82% |
| Return on Equity (ROE) | -11.09% | 6.11% | -9.10% | -117.08% | -0.61% | -6.06% |
| Return on Assets (ROA) | -6.84% | 5.26% | -7.34% | -104.86% | -0.58% | -5.71% |
| Current Ratio | 6.39× | 5.39× | 3.08× | 8.65× | 17.90× | 4.60× |
| Debt-to-Equity | 0.24× | 0.03× | 0.05× | 0.03× | 0.02× | — |
| Effective Tax Rate | 2.31% | 12.32% | -2.05% | 0.56% | 135.48% | — |
| Cash Conversion Ratio | 3.60× | -0.46× | -0.08× | 0.08× | 17.18× | 0.43× |
| Accruals Ratio | 0.18× | 0.08× | -0.08× | -0.96× | 0.09× | -0.03× |
| SBC % of Revenue | 21.64% | 9.14% | 20.30% | 7.01% | 22.80% | — |
| CapEx Coverage | -1.01× | -0.14× | 0.02× | -0.44× | -0.37× | -0.22× |
| Free Cash Flow Per Share | $-2.23 | $-0.76 | $-0.75 | $-0.35 | $-1.16 | $-0.18 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | 15.42× | — | — | — | — |
| EV / EBITDA | — | 7.42× | — | — | 18.88× | 214.74× |
| P/S | 5.40× | 4.86× | 10.10× | 1.53× | 4.40× | 49.97× |
| P/B | 0.86× | 1.15× | 3.16× | 0.61× | 2.71× | 27.97× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 113.56M | 108.05M | 44.92M | 32.30M | 96.08M | — |
| Cost of Revenue | — | — | 29.56M | 20.37M | 30.74M | 14.10M |
| Operating Expenses | 205.39M | 80.49M | 61.54M | 139.46M | 83.01M | 19.94M |
| Operating Income (Loss) | -91.83M | 27.56M | -16.62M | -107.17M | 5.89M | 1.56M |
| Income Tax Expense (Benefit) | -2.01M | 3.98M | 279.04K | -592.85K | 3.86M | — |
| Net Income (Loss) Attributable to Parent | -80.32M | 28.31M | -13.89M | -105.30M | -1.01M | -2.28M |
| Earnings Per Share, Basic | $-0.31 | $0.20 | $-0.16 | $-1.34 | $-0.02 | $-0.07 |
| Weighted Average Number of Shares Outstanding, Basic | 257.88M | 140.35M | 87.53M | 78.61M | 55.44M | 30.59M |
| Earnings Per Share, Diluted | $-0.31 | $0.19 | $-0.16 | $-1.34 | $-0.02 | $-0.07 |
| Weighted Average Number of Shares Outstanding, Diluted | 257.88M | 141.51M | 87.53M | 78.61M | 55.44M | 30.59M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 118.36M | 95.20M | 16.86M | 32.69M | 42.40M | 405.13K |
| Assets, Current | 593.75M | 296.86M | 83.35M | 64.40M | 90.32M | 8.72M |
| Assets | 1.17B | 538.25M | 189.33M | 100.42M | 173.68M | 39.89M |
| Liabilities, Current | 92.95M | 55.03M | 27.08M | 7.44M | 5.04M | 1.89M |
| Long-term Debt, Excluding Current Maturities | — | — | — | 3.04M | 2.77M | — |
| Liabilities | 309.16M | 74.77M | 36.62M | 10.49M | 8.27M | 1.89M |
| Stockholders' Equity Attributable to Parent | 723.99M | 463.48M | 152.70M | 89.93M | 165.40M | 37.63M |
| Common Stock, Shares, Outstanding | 324.19M | 179.13M | 107.29M | 82.49M | 69.59M | 48.04M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -288.92M | -12.99M | 1.11M | -8.50M | -17.35M | -971.69K |
| Payments to Acquire Property, Plant, and Equipment | 285.93M | 94.00M | 66.66M | 19.33M | 46.84M | 4.51M |
| Net Cash Provided by (Used in) Investing Activities | -287.42M | -149.02M | -69.16M | -18.61M | -46.84M | -4.49M |
| Payments for Repurchase of Common Stock | — | — | — | 76.82K | 1.09M | — |
| Payments of Dividends | 800.00K | — | 1.60M | — | — | — |
| Net Cash Provided by (Used in) Financing Activities | 599.08M | 242.86M | 52.22M | 18.71M | 106.19M | 5.25M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -170.54M | -205.97M | -368.88M | -112.05M | -47.56M | -79.51M |
| EBITDA | -132.88M | -181.28M | 151.44M | 19.96M | -45.13M | 37.23M |
| Working Capital | 421.19M | 500.80M | 634.28M | 273.66M | 139.77M | 241.83M |
| Net Debt | 284.34M | 55.52M | -137.01M | -137.03M | -42.95M | -80.61M |
| Operating Margin | -511.78% | -596.82% | 465.48% | 45.75% | -208.60% | 110.53% |
| Net Margin | -525.23% | -582.48% | 495.29% | 57.97% | -229.88% | 112.38% |
| Return on Equity (ROE) | -31.26% | -26.02% | 16.65% | 2.35% | -13.83% | 6.25% |
| Return on Assets (ROA) | -12.42% | -16.04% | 13.32% | 2.06% | -11.89% | 5.38% |
| Current Ratio | 6.36× | 6.39× | 17.53× | 7.83× | 3.90× | 5.39× |
| Debt-to-Equity | 0.78× | 0.24× | 0.05× | 0.07× | 0.04× | 0.03× |
| Effective Tax Rate | -0.28% | 2.56% | 0.47% | 9.67% | -1.18% | 4.08% |
| Cash Conversion Ratio | 0.01× | 0.45× | -1.36× | 2.36× | -0.30× | 0.25× |
| Accruals Ratio | -0.12× | -0.09× | 0.31× | -0.03× | -0.15× | 0.04× |
| SBC % of Revenue | 54.80% | 6.80% | 73.46% | 27.84% | 1.01% | 15.38% |
| CapEx Coverage | -0.01× | -0.69× | -1.25× | 0.24× | 0.27× | 0.08× |
| Free Cash Flow Per Share | $-0.52 | $-0.80 | $-1.16 | $-0.54 | $-0.26 | $-0.56 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | 7.14× | — | — | 10.46× |
| EV / EBITDA | — | — | 5.07× | — | — | 7.42× |
| P/S | 3.73× | 5.40× | 9.03× | 6.26× | 3.59× | 4.86× |
| P/B | 0.94× | 0.86× | 1.08× | 1.00× | 0.90× | 1.15× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 27.92M | 32.34M | 30.46M | 25.66M | 25.11M | 25.78M |
| Operating Expenses | 170.84M | 225.34M | -111.34M | 13.92M | 77.47M | -2.71M |
| Operating Income (Loss) | -142.91M | -193.00M | 141.80M | 11.74M | -52.37M | 28.50M |
| Income Tax Expense (Benefit) | 421.52K | -4.97M | 697.67K | 1.59M | 671.72K | 1.23M |
| Net Income (Loss) Attributable to Parent | -146.67M | -188.36M | 150.88M | 14.87M | -57.71M | 28.97M |
| Earnings Per Share, Basic | $-0.45 | $-0.77 | $0.48 | $0.07 | $-0.32 | $0.21 |
| Weighted Average Number of Shares Outstanding, Basic | 325.64M | 257.88M | 317.30M | 206.89M | 181.41M | 140.35M |
| Earnings Per Share, Diluted | $-0.45 | $-0.77 | $0.47 | $0.07 | $-0.32 | $0.20 |
| Weighted Average Number of Shares Outstanding, Diluted | 325.64M | 257.88M | 318.90M | 208.82M | 181.41M | 141.51M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 79.53M | 118.36M | 179.12M | 181.17M | 57.56M | 95.20M |
| Assets, Current | 499.73M | 593.75M | 672.65M | 313.75M | 188.02M | 296.86M |
| Assets | 1.18B | 1.17B | 1.13B | 723.42M | 485.25M | 538.25M |
| Liabilities, Current | 78.55M | 92.95M | 38.37M | 40.10M | 48.25M | 55.03M |
| Liabilities | 572.00M | 309.16M | 87.50M | 90.23M | 67.83M | 74.77M |
| Stockholders' Equity Attributable to Parent | 469.21M | 723.99M | 906.15M | 633.19M | 417.42M | 463.48M |
| Common Stock, Shares, Outstanding | 331.43M | 324.19M | 322.12M | 284.05M | 182.77M | 179.13M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -1.09M | -84.06M | -204.86M | 35.10M | 17.40M | 7.32M |
| Payments to Acquire Property, Plant, and Equipment | 169.17M | 121.91M | 164.02M | 147.14M | 64.96M | 86.83M |
| Net Cash Provided by (Used in) Investing Activities | -142.69M | -123.36M | -164.06M | -148.24M | -64.96M | -125.03M |
| Payments of Dividends | 800.00K | 0 | 800.00K | 800.00K | 800.00K | — |
| Net Cash Provided by (Used in) Financing Activities | 105.15M | 146.39M | 452.70M | 199.31M | 9.38M | 111.15M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (BTBT CIK 0001710350),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.