Bit Digital, Inc

Listed Company

BTBTCIK 0001710350NasdaqNon-AcceleratedFinance ServicesE9FY ends Dec 31

Period

FY 2025

Revenue

$113.56M

Net Income

$-80.32M

Total Assets

$1.17B

Equity

$723.99M

Shares Out

349.19M

Op. Cash Flow

$-288.92M

BTBT$1.66−37.07% · past yearDBEQ Basic

Daily closing prices

Business

Bit Digital, Inc. is a holding company focused on Ethereum treasury management and staking strategies while maintaining majority equity in WhiteFiber Inc., an AI infrastructure provider. The company accumulates and stakes ETH to generate protocol-native yield, holds Bitcoin, and operates mining facilities through third-party hosting partners. WhiteFiber designs and operates Tier-3 HPC data centers and provides GPU cloud services for generative AI workloads across North America, Iceland, and Europe.

Summary from 10-K filed 2026-03-27

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31
Total revenues	114	108	45	32
Depreciation and amortization expenses	−37	−32	−14	−28
General and administrative expenses	−81	−42	−28	−23
(Loss) gain on digital assets	−29	56	—	—
Realized gain on exchange of digital assets	—	—	19	—
Impairment of digital assets	—	—	−7	—
Impairment of digital intangible assets	−6	—	—	—
Loss on write-off of deposit to hosting facility	—	—	−2	−129,845
Total operating expenses	−205	−80	−62	−139
(Loss) income from operations	−92	28	−17	−107
Net loss from disposal of property, plant and equipment	−907,769	−859,083	−165,160	1
Gain from sale of investment security	924	—	8,220	1
Change in fair value of derivative liability	16	—	—	—
Other (expense)/income, net	−7	6	3	−1
Total other income, net	8	5	3	1
Interest expense	−3	—	—	—
(Loss) income before income taxes	−87	32	−14	−106
Income tax benefit (expenses)	2	−4	−279,044	592,850
Net (loss) income	−85	28	−14	—
Net loss attributable to noncontrolling interest	−5	—	—	—
Net (loss) income attributable to Bit Digital shareholders	−80	28	−14	−105
Basic (in Shares)	258	140	88	79
Diluted (in Shares)	258	142	88	79
Basic (in Dollars per share)	−0.31	0.2	−0.16	−1.34
Diluted (in Dollars per share)	−0.31	0.19	−0.16	−1.34

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2024 2024-09-30	FY 2023 2023-12-31	FY 2022 2022-12-31
Cash and cash equivalents	118	95	—	17	—
Restricted cash	4	4	—	1	—
Accounts receivable, net	24	5	—	—	—
USDC	484,459	411,413	—	405,596	—
Digital assets	416	161	—	—	—
Net investment in lease current, net	4	3	—	—	—
Loans receivable	400,000	—	—	—	—
Other current assets, net	27	28	—	18	—
Total Current Assets	594	297	—	83	—
Loans receivable	—	400,000	—	400,000	—
Deposits for property, plant, and equipment	53	39	—	4	3
Property, plant, and equipment, net	360	107	—	81	—
Goodwill	20	19	19	—	—
Intangible assets, net	13	13	—	—	—
Right-of-use assets	25	15	—	—	—
Net investment in lease - non-current, net	10	7	—	—	—
Investment securities	69	31	—	4	—
Deferred tax assets	3	89,246	—	—	—
Other non-current assets, net	29	10	—	9	—
Total Non-Current Assets	581	241	—	106	—
Total Assets	1,174	538	—	189	—
Accounts payable	9	3	—	2	—
Current portion of deferred revenue	8	31	—	13	—
Current portion of lease liabilities	18	5	—	2	—
Dividend payable	—	800,000	—	—	—
Income tax payable	2	2	—	50,973	—
Other payables and accrued liabilities	56	14	—	10	—
Total Current Liabilities	93	55	—	27	—
Non-current portion of deferred revenue	72	73,494	—	—	—
Non-current portion of lease liabilities	5	9	—	4	—
Convertible note payable, net	110	—	—	—	—
Derivative liability	19	—	—	—	—
Long-term income tax payable	3	3	—	3	—
Deferred tax liabilities	6	6	—	112,251	—
Other long-term liabilities	—	785,372	—	2	—
Total Non-Current Liabilities	216	20	—	10	—
Total Liabilities	309	75	—	37	—
Commitments and Contingencies (Note 21)	—	—	—	—	—
Preferred shares, $0.01 par value, 10,000,000 and 10,000,000 shares authorized, 1,000,000 and 1,000,000 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively	9	9	—	9	—
Ordinary shares, $0.01 par value, 1,000,000,000 and 340,000,000 shares authorized, 324,322,214 and 179,255,191 shares issued, 324,192,228 and 179,125,205 shares outstanding as of December 31, 2025 and December 31, 2024, respectively	3	2	—	1	—
Treasury stock, at cost, 129,986 and 129,986 shares as of December 31, 2025 and December 31, 2024, respectively	−1	−1	—	−1	—
Additional paid-in capital	890	554	—	291	—
Accumulated deficit	−179	−98	—	−147	—
Accumulated other comprehensive income (loss)	1	−2	—	—	—
Total Bit Digital Shareholders Equity	724	463	—	153	90
Non-controlling Interests	141	—	—	—	—
Total Equity	865	463	—	153	90
Total Liabilities and Equity	1,174	538	—	189	—

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31
Depreciation and amortization expenses	37	32	14	—
Share-based compensation expenses	25	10	9	2
Changes in fair value of investment security	11	−757,238	−485,776	545,412
Changes in fair value of derivative liability	−16	—	—	—
Current expected credit losses	228,688	—	—	—
Acquisition expense	2	—	—	—
Digital assets mined	−27	−59	−44	−32
Digital assets earned from staking	−7	−2	−675,713	−25,904
Realized and unrealized gains on digital assets held within Investment Fund	—	−3	−1	—
Equity loss from one equity method investment	—	—	7,695	—
Realized gain on exchange of digital assets	—	—	−19	—
Impairment of digital assets	—	—	7	—
Gain on digital intangible assets	−4	—	—	—
Loss from divestiture of a subsidiary	—	978,938	—	−52,383
Digital assets and stable coins	−283	10	47	25
Digital assets held in fund	—	—	−6	—
Digital intangible assets	−19	—	—	—
Other current assets	5	−2	−15	2
Other non-current assets	−19	−287,199	−358,529	−2
Right-of-use assets	5	3	−6	—
Deferred revenue	49	17	13	—
Lease liabilities	−4	−3	6	—
Accounts receivable	−19	−5	—	—
Net investment in lease	3	1	—	—
Accounts payable	7	4	692,854	3
Income tax receivable	—	—	736,444	−736,445
Income tax payable	−48,432	2	50,973	−559,724
Other payables and accrued liabilities	18	4	6	5
Other long-term liabilities	−785,373	785,372	2	—
Deferred tax liabilities	−3	2	112,251	—
Long-term income tax payable	—	—	152,200	276,728
Net Cash (Used in) Provided by Operating Activities	−289	−13	1	−8
Purchases of and deposits made for property, plant and equipment	−286	−94	−67	−19
Proceeds from disposal of property, plant and equipment	2	772,393	—	1
Proceeds from disposal of long-term investment	—	—	89,519	2
Cash paid for acquisition of subsidiaries, net of cash acquired	−2	−39	—	—
Investment in equity securities	−2	−16	−2	—
Investment in SAFE	—	−1	—	—
Proceeds received from disposal of subsidiaries	—	176,000	—	—
Loan made to third parties	—	—	−400,000	—
Net Cash Used in Investing Activities	−287	−149	−69	−19
Proceeds from issuance of ordinary shares under private placement, net of issuance costs	—	—	45	21
Net proceeds from subsidiary IPO	144	—	—	—
Net proceeds from IPO over-allotment option exercise	22	—	—	—
Net proceeds from issuance of ordinary shares/At-the-market offering	63	243	9	—
Net proceeds from issuance of ordinary shares/registered direct offering	64	—	—	—
Net proceeds from issuance of ordinary shares/public offering	163	—	—	—
Net proceeds from issuance of convertible debt	144	—	—	—
Cash received from stock option exercise by employee	—	—	2,550	—
Payment of dividends	−800,000	—	−2	—
Repayment of finance lease liabilities	−92,118	—	—	—
Net Cash Provided by Financing Activities	599	243	52	19
Net increase (decrease) in cash, cash equivalents and restricted cash	23	81	−16	−8
Effect of exchange rate changes on cash, cash equivalents and restricted cash	539,706	−95,264	—	—
Cash paid for income taxes, net of (refunds)	665,480	131,906	−632,820	734,200
Purchases of property and equipment in USDC	—	—	−12	−2
Right-of-use assets exchanged for operating lease liabilities	32	10	6	—
Dividend payable to preferred shareholders	—	800,000	—	—
Reclassification of deposits to property, plant and equipment	139	5	13	−41
Issuance of subsidiary shares to employees in settlement of RSUs	9	15,850	—	—
Investment in digital asset held within investment fund	48	—	5	—
Net investment in sales-type lease of equipment	8	5	—	—
Reclassification of operating lease right-of-use asset and liability to finance lease	−17	—	—	—
Construction in progress included in other payables and accrued liabilities	27	—	—	—

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro

Frequently asked questions

What is Bit Digital, Inc's CIK number?

Bit Digital, Inc's SEC CIK number is 0001710350 (1710350). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find Bit Digital, Inc's SEC filings?

All of Bit Digital, Inc's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did Bit Digital, Inc last report earnings?

Bit Digital, Inc (BTBT) most recently filed an earnings 8-K with the SEC on Mar 31, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001213900-26-037587). This is Bit Digital, Inc's most recent earnings filing of record — not a forecast of its next earnings date.

What is Bit Digital, Inc's most recent earnings 8-K?

Bit Digital, Inc's latest earnings 8-K (Item 2.02) was filed Mar 31, 2026 under accession 0001213900-26-037587. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View Bit Digital, Inc's latest earnings 8-K →
Look up any company's CIK number →