For the quarter ending 2026-03-31, BTBT made $27,924,756 in revenue. -$146,669,036 in net income. Net profit margin of -525.23%.
| Income Statement | 2026-03-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|
| Total revenues | 27,924,756 | 30,464,002 | 25,659,419 | 25,105,120 |
| Cost of revenue-Digital Asset Mining | 3,251,499 | 5,032,692 | 6,075,585 | - |
| Cost of revenue-Cloud Services | 6,779,283 | 6,314,548 | 6,391,120 | - |
| Gains (losses) on digital assets | - | 168,040,717 | 27,154,706 | -49,205,227 |
| Cost of revenue-Colocation Services | 1,952,783 | 674,947 | 687,880 | - |
| Cost of revenue-ETHStaking | 121,334 | 113,147 | 29,633 | - |
| Cost of revenue | - | - | - | 12,790,293 |
| Depreciation and amortization expenses | 10,035,581 | 9,636,039 | 8,223,538 | 7,241,989 |
| General and administrative expenses | 27,627,296 | 33,094,746 | 19,667,364 | 8,235,923 |
| Impairment of digital intangible assets | - | 1,836,192 | - | - |
| Losses on digital assets | 121,070,273 | - | - | - |
| Total operating expenses | 170,838,049 | -111,338,406 | 13,920,414 | 77,473,432 |
| Loss from operations | -142,913,293 | 141,802,408 | 11,739,005 | -52,368,312 |
| Net gain (loss) from disposal of property, plant and equipment | 1,821,729 | -539,378 | 0 | -333,620 |
| Change in fair value of derivative liability | 9,252,000 | - | - | - |
| Interest expense | 5,084,978 | - | - | - |
| Other expense, net | -12,933,246 | 6,159,448 | 4,726,754 | -4,337,997 |
| Total other expense, net | -6,944,495 | 5,620,070 | 4,726,754 | -4,671,617 |
| Loss before income taxes | -149,857,788 | 147,422,478 | 16,465,759 | -57,039,929 |
| Income tax expenses | 421,523 | 697,668 | 1,591,557 | 671,716 |
| Net loss | -150,279,311 | 146,724,810 | - | - |
| Net loss attributable to noncontrolling interest | -3,610,275 | -4,158,903 | - | - |
| Net loss attributable to bit digital shareholders | -146,669,036 | 150,883,713 | 14,874,202 | -57,711,645 |
| Foreign currency translation adjustment | - | - | 3,428,201 | -504,670 |
| Comprehensive income (loss) | - | - | 18,302,403 | -58,216,315 |
| Basic EPS | -0.45 | 0.48 | 0.07 | -0.32 |
| Diluted EPS | -0.45 | 0.47 | 0.07 | -0.32 |
| Basic Average Shares | 325,638,843 | 317,296,789 | 206,889,826 | 181,413,307 |
| Diluted Average Shares | 325,638,843 | 318,896,222 | 208,817,806 | 181,413,307 |
Bit Digital, Inc (BTBT)
Bit Digital, Inc (BTBT)