What is Bit Digital's digital currency?

Bit Digital (BTBT) reported digital currency of $295M in Q1 2026.

What does digital currency mean?

The carrying value of digital currencies held as current assets, typically including Bitcoin or other mined assets intended for sale in the near term. This metric is critical for assessing the company's immediate liquidity and exposure to digital asset price volatility.

Bit Digital BTBT Digital currency

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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$673.94M+38.7%

Enterprise value$619.77M+41.1%

P/S5.8×+1.1×

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:IntangibleAssetsCurrent.

The official record: Bit Digital’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bit Digital's digital currency?: Bit Digital (BTBT) reported digital currency of $295M in Q1 2026.
What does digital currency mean?: The carrying value of digital currencies held as current assets, typically including Bitcoin or other mined assets intended for sale in the near term. This metric is critical for assessing the company's immediate liquidity and exposure to digital asset price volatility.