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Bit Digital BTBT Cloud Services — Thirdparty Customer Support Fees

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PTCSupport And Cloud Services — Cost Of Support And Cloud Services Revenue
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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 btbt:ThirdpartyCustomerSupportFees.

The source filing: Bit Digital’s 10-K, filed March 27, 2026.

Filed
Mar 27, 2026, 4:30 PM EDT
Fiscal year
FY2025
Accession
0001213900-26-035544
Line itemDigital asset miningCloud servicesColocation servicesETH stakingTotal
Profit sharing fees3,977,959---3,977,959
Data center lease expense-5,410,2301,025,851-6,436,081
GPU lease expense-14,741,928--14,741,928
Wage expense--406,787-406,787
Service costs - ETH staking---298,099298,099
Third-party customer support fees-1,124,902--1,124,902
Other segment items (b)2,242,7642,736,843579,679-5,559,286
Segment gross profit$5,157,453$42,306,255$5,463,281$6,748,171$59,675,160

Item 8. Financial Statements and Supplementary

FAQ

What is Bit Digital's cloud services — thirdparty customer support fees?
Bit Digital (BTBT) reported cloud services — thirdparty customer support fees of $281.23K in Q4 2025.
What does cloud services — thirdparty customer support fees mean?
Includes payments made to external vendors or service providers for technical support and customer service management related to cloud operations. It reflects the company's reliance on third-party expertise to maintain service levels.

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