For the quarter ending 2026-03-31, BTBT had -$122,403,682 decrease in cash & cash equivalents over the period. $198,619,691 in free cash flow.
| Cash Flow | 2026-03-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net loss | -254,166,678 | 103,887,367 | - |
| Depreciation and amortization expenses | -15,065,984 | 9,636,039 | 15,465,527 |
| (gain) loss from disposal of property, plant, and equipment | 2,694,727 | -539,378 | -333,620 |
| Amortization of discount on debts issued | 1,780,285 | - | - |
| Gains on digital assets | - | 145,990,197 | - |
| Losses on digital assets | 121,070,273 | - | - |
| Share-based compensation expenses | -7,075,811 | 15,236,615 | 7,143,021 |
| Changes in fair value of investment securities | -19,356,526 | 7,121,391 | -875,572 |
| Changes in fair value of derivative liability | 9,252,000 | - | - |
| Losses (gains) on digital assets | - | - | -22,050,521 |
| Current expected credit losses | -118,018 | 111,184 | - |
| Digital assets mined | -18,119,707 | 7,415,702 | 14,408,801 |
| Digital assets earned from staking | -1,497,998 | 2,868,534 | 925,973 |
| Impairment of digital intangible assets | - | 1,836,192 | - |
| Digital assets and stable coins | 147,190,171 | -195,852,296 | 53,984,537 |
| Realized and unrealized gains on digital assets held within investment fund | - | - | 0 |
| Digital intangible assets | - | 19,093,364 | - |
| Right-of-use assets | 2,142,088 | -1,436,674 | -2,439,539 |
| Deferred revenue | 87,980,640 | -3,962,453 | -19,039,677 |
| Net (loss) income | - | - | -42,837,443 |
| Lease liabilities | 1,730,221 | -1,255,728 | -2,288,198 |
| Other long-term liabilities | - | -196,341 | -392,687 |
| Other current assets | 1,765,298 | 536,314 | -3,930,493 |
| Income tax payable | - | -541,717 | 341,234 |
| Other non-current assets | 3,184,882 | -1,820,954 | -1,575,783 |
| Accounts receivable | 55,651,925 | 10,973,164 | 1,186,845 |
| Accounts payable | -4,094,748 | 4,417,549 | -258,487 |
| Other payables and accrued liabilities | 605,492 | -6,053,145 | 5,264,840 |
| Net investment in lease | 1,270,539 | -950,001 | -1,341,770 |
| Income tax payable | -758,719 | - | - |
| Deferred tax liabilities | -2,356,764 | 1,241,545 | 1,686,729 |
| Net cash (used in) provided by operating activities | 203,770,012 | -239,959,926 | 35,095,075 |
| Purchases of and deposits made for property, plant and equipment | 5,150,321 | 16,873,301 | 147,144,795 |
| Investment in safe | - | - | 0 |
| Investment in equity securities | - | 0 | 2,001,600 |
| Proceeds from disposal of property, plant and equipment | 24,523,667 | 1,053,063 | 906,016 |
| Net cash used in investing activities | 21,374,946 | -15,820,238 | -148,240,379 |
| Net proceeds from issuance of ordinary shares/public offering | - | 21,005,278 | 141,625,128 |
| Net proceeds from ipo over-allotment option exercise | - | 22,189,232 | - |
| Net proceeds from subsidiary ipo | - | 147,369,859 | - |
| Net proceeds from issuance of ordinary shares/registered direct offering | - | 62,817,210 | - |
| Net proceeds from issuance of ordinary shares/at-the-market offering | -54,380,903 | 0 | 58,488,565 |
| Net proceeds from issuance of convertible debt | 222,118,088 | - | - |
| Purchase of zero-strike call option in connection with issuance of convertible notes | -119,999,983 | - | - |
| Payment of dividends | 0 | 0 | 800,000 |
| Repayment of finance lease liabilities | -279,135 | - | - |
| Net cash provided by financing activities | -347,548,640 | 253,381,579 | 199,313,693 |
| Net decrease in cash, cash equivalents and restricted cash | -122,403,682 | -2,398,585 | 86,168,389 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 126,311 | 147,043 | - |
| Cash, cash equivalents and restricted cash, beginning of period | 182,850,974 | 98,934,127 | - |
| Cash, cash equivalents and restricted cash, end of period | 83,852,594 | 182,850,974 | - |
Bit Digital, Inc (BTBT)
Bit Digital, Inc (BTBT)