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Bit Digital BTBT Debt-to-equity

Debt-to-equity at other companies

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1.6×+0.2×
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0.1×0.0×
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Marathon Digital HoldingsMARA
1.1×+0.5×
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Galaxy Digital Inc. Class A Common StockGLXY
1.5×
WYF
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0.1×
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TeraWulfWULF
25.4×+25.4×

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
Current ratio6.4×+2.5×

Where this comes from

Calculated from Bit Digital’s reported figures.

Based on the most recent quarter.

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 debt-to-equity?
Bit Digital (BTBT) reported debt-to-equity of 0.1× in Q1 2026.
How has Bit Digital's debt-to-equity changed year-over-year?
Bit Digital's debt-to-equity increased by 80.9% year-over-year, from 0× to 0.1×.
What is the long-term trend for Bit Digital's debt-to-equity?
Over 2 years (2023 to 2025), Bit Digital's debt-to-equity has grown at a -21.0% compound annual growth rate (CAGR), from 0.1× to 0×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.