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Bit Digital BTBT Digital Asset Mining — Cost Of Revenue
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Where this comes from
Reported directly by Bit Digital in its filing.
Tagged under the XBRL concept us-gaap:CostOfRevenue.
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
| Line item | For the Three Months Ended March 31, 2026 | For the Three Months Ended March 31, 2025 |
|---|---|---|
| Total revenues | 27,924,756 | 25,105,120 |
| Operating costs and expenses | ||
| Cost of revenue (exclusive of depreciation and amortization shown below) | ||
| Digital asset mining | (3,251,499) | (6,123,889) |
| Cloud services | (6,779,283) | (6,088,000) |
| Colocation services | (1,952,783) | (545,836) |
| ETH staking | (121,334) | (32,568) |
| Depreciation and amortization expenses | (10,035,581) | (7,241,989) |
Item 1. Financial Statements.
FAQ
- What is Bit Digital's digital asset mining — cost of revenue?
- Bit Digital (BTBT) reported digital asset mining — cost of revenue of $3.25M in Q1 2026.
- How has Bit Digital's digital asset mining — cost of revenue changed year-over-year?
- Bit Digital's digital asset mining — cost of revenue decreased by 46.9% year-over-year, from $6.12M to $3.25M.
- What is the long-term trend for Bit Digital's digital asset mining — cost of revenue?
- Over 3 years (2022 to 2025), Bit Digital's digital asset mining — cost of revenue has grown at a 2.9% compound annual growth rate (CAGR), from $20.37M to $22.19M.
- What does digital asset mining — cost of revenue mean?
- This metric captures the total direct costs incurred to generate revenue from digital asset mining activities. It typically includes expenses such as electricity, hosting fees, hardware depreciation, and other direct operational costs associated with maintaining mining rigs. Monitoring this helps assess the direct cost efficiency of the mining operations.
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