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Bit Digital BTBT IS — Crypto Asset Mining

Other geography segments

US
$3.07M-52.0%

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PRSUIS — Non-Current Assets
$60.2M+8.6%

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:CryptoAssetMining.

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 itemFor the Three Months Ended March 31, 2026For the Three Months Ended March 31, 2025
United States$3,070,846$6,402,463
Iceland633,9501,374,500
$3,704,796$7,776,963

Item 1. Financial Statements.

FAQ

What is Bit Digital's IS — crypto asset mining?
Bit Digital (BTBT) reported IS — crypto asset mining of $633.95K in Q1 2026.
How has Bit Digital's IS — crypto asset mining changed year-over-year?
Bit Digital's IS — crypto asset mining decreased by 53.9% year-over-year, from $1.37M to $633.95K.
What is the long-term trend for Bit Digital's IS — crypto asset mining?
Over 2 years (2023 to 2025), Bit Digital's IS — crypto asset mining has grown at a 3.5% compound annual growth rate (CAGR), from $5.1M to $5.46M.
What does IS — crypto asset mining mean?
This metric represents the gross revenue generated specifically from the operation of digital asset mining hardware. It reflects the company's ability to extract cryptocurrency rewards through computational power and serves as a primary indicator of mining operational scale. This figure is essential for assessing the direct performance of the core blockchain infrastructure business.

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