For the quarter ending 2025-09-30, BTBT had -$2,398,585 decrease in cash & cash equivalents over the period. -$256,833,227 in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | 103,887,367 | - |
| Depreciation and amortization expenses | 9,636,039 | 15,465,527 |
| Loss from disposal of property, plant, and equipment | -539,378 | -333,620 |
| Gains on digital assets | 145,990,197 | - |
| Share-based compensation expenses | 15,236,615 | 7,143,021 |
| Changes in fair value of investment security | 7,121,391 | -875,572 |
| Losses (gains) on digital assets | - | -22,050,521 |
| Current expected credit losses | 111,184 | - |
| Digital assets mined | 7,415,702 | 14,408,801 |
| Digital assets earned from staking | 2,868,534 | 925,973 |
| Impairment of digital intangible assets | 1,836,192 | - |
| Digital assets and stable coins | -195,852,296 | 53,984,537 |
| Realized and unrealized gains on digital assets held within investment fund | - | 0 |
| Digital intangible assets | 19,093,364 | - |
| Operating lease right-of-use assets | -1,436,674 | -2,439,539 |
| Deferred revenue | -3,962,453 | -19,039,677 |
| Lease liability | -1,255,728 | -2,288,198 |
| Other current assets | 536,314 | -3,930,493 |
| Other non-current assets | -1,820,954 | -1,575,783 |
| Accounts receivable | 10,973,164 | 1,186,845 |
| Accounts payable | 4,417,549 | -258,487 |
| Other payables and accrued liabilities | -6,053,145 | 5,264,840 |
| Net (loss) income | - | -42,837,443 |
| Net investment in lease | -950,001 | -1,341,770 |
| Other long-term liabilities | -196,341 | -392,687 |
| Income tax payable | -541,717 | 341,234 |
| Deferred tax liability | 1,241,545 | 1,686,729 |
| Net cash used in operating activities | -239,959,926 | 35,095,075 |
| Purchases of and deposits made for property, plant and equipment | 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 | 1,053,063 | 906,016 |
| Net cash used in investing activities | -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 | 0 | 58,488,565 |
| Payment of dividends | 0 | 800,000 |
| Net cash provided by financing activities | 253,381,579 | 199,313,693 |
| Net increase in cash, cash equivalents and restricted cash | -2,398,585 | 86,168,389 |
| Effect of exchange rate changes on cash | 147,043 | - |
| Cash and cash equivalents at beginning of period | 98,934,127 | - |
| Cash and cash equivalents at end of period | 182,850,974 | - |
Bit Digital, Inc (BTBT)
Bit Digital, Inc (BTBT)