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Bit Digital BTBT Acquisitions

Acquisitions at other companies

Equinix, Inc. logo
Equinix, Inc.EQIX
$69M
Marathon Digital Holdings logo
Marathon Digital HoldingsMARA
$196.77M+441%
Hut 8 Mining Corp. logo
Hut 8 Mining Corp.HUT
$6.47M
Galaxy Digital logo
Galaxy DigitalGLXY
$6.78M+127%
BNC
CEA Industries Inc.BNC
$10.57M
Iris Energy logo
Iris EnergyIREN

Other financials

Income statement

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Revenue$27.9M+11.2%
Operating income-$142.9M-173%
Net income-$146.7M-154%
EPS (diluted)-$0.45-40.6%

Balance sheet

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Cash & equivalents$83.9M+36.8%
Total debt$29.7M+103%
Total equity$469.2M+12.4%
Total assets$1.2B+143%

Cash flow

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Operating cash flow-$1.1M-106%
CapEx$169.2M+160%
Free cash flow-$170.3M-258%

Valuation

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Market cap$481.52M-49.8%
Enterprise value$427.35M-47.8%
P/S4.1×-5.5×

Profitability

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Operating margin-156.7%-816pp
Net margin-145.4%+1,071pp
FCF margin-599.3%-855pp

Returns & leverage

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Return on equity-38.2%+67.7pp
Debt / equity0.1×0.0×
Current ratio6.4×+2.5×

Where this comes from

Reported directly by Bit Digital in its filing.

Tagged under the XBRL concept us-gaap:FairValueOfAssetsAcquired.

The source filing: Bit Digital’s 10-Q, filed May 15, 2026.

Filed
May 15, 2026, 7:00 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001213900-26-057116

The acquired set of assets did not meet the definition of a business as defined in ASC 805, Business Combinations, as no substantive processes or employees were acquired. The assets acquired consisted primarily of land, building and related equipment, which are included in Property, plant, and equipment, net on the condensed consolidated balance sheets. The fair value of the tangible assets acquired was estimated to be $45.0 million. No identifiable intangible assets were acquired, no goodwill was recognized, and no liabilities were assumed in connection with the transaction.

Item 1. Financial Statements.

FAQ

What is Bit Digital's acquisitions?
Bit Digital (BTBT) reported acquisitions of $45M in Q1 2026.
How has Bit Digital's acquisitions changed year-over-year?
Bit Digital's acquisitions increased by 11190.7% year-over-year, from $398.56K to $45M.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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