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Bit Digital BTBT Colocation Services — Wage Expense

Similar metrics at other companies

WYF
WYFIColocation Services — Wage Expense
$204.91K+101%
WYF
WYFIColocation Services — Revenue
$4.77M+190%
WYF
WYFIColocation Services — Datacenter Lease Expense
$467.18K+210%
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CORZColocation revenue — Depreciation expense
$4.62M+4,343%
WYF
WYFIColocation Services — Electricity Costs
$831.19K+273%
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WYFIColocation Services — Gross Profit
$2.83M+157%

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:WageExpense.

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 colocation services — wage expense?
Bit Digital (BTBT) reported colocation services — wage expense of $101.7K in Q4 2025.
How has Bit Digital's colocation services — wage expense changed year-over-year?
Bit Digital's colocation services — wage expense increased by 3246.4% year-over-year, from $3.04K to $101.7K.
What does colocation services — wage expense mean?
Includes the direct compensation, benefits, and related payroll costs for personnel dedicated to the operation and maintenance of colocation facilities. This metric tracks the human capital investment required to support technical uptime and customer service. It serves as a proxy for the operational intensity of the colocation business.

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