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Bit Digital BTBT Net gains (losses) on investments

Net gains (losses) on investments at other companies

Marathon Digital Holdings logo
Marathon Digital HoldingsMARA
$0
Hut 8 Mining Corp. logo
Hut 8 Mining Corp.HUT
$6.43M+371%
DeFi Development Corp. logo
DeFi Development Corp.DFDV
-$592K-796%
Iris Energy logo
Iris EnergyIREN
-$23.7M+37.5%
SHA
SharonAI Holdings, Inc.SHAZ
$6.49M
TeraWulf logo
TeraWulfWULF
-$11.06M

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$453.6M-52.7%
Enterprise value$399.44M-51.2%
P/S3.9×-5.8×

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:IncomeLossFromEquityMethodInvestments.

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 itemFor the Year Ended December 31, 2025For the Year Ended December 31, 2024For the Year Ended December 31, 2023
Digital assets mined(27,349,798)(58,591,608)(44,240,418)
Digital assets earned from staking(7,046,270)(1,819,876)(675,713)
Realized and unrealized gains on digital assets held within Investment Fund-(2,550,904)(1,432,517)
Equity loss from one equity method investment--7,695
Realized gain on exchange of digital assets--(18,789,998)
Impairment of digital assets--6,632,437
Impairment of digital intangible assets6,008,004--
Gain on disposal of digital intangible assets(4,299,316)--

Item 8. Financial Statements and Supplementary

FAQ

What is Bit Digital's net gains (losses) on investments?
Bit Digital (BTBT) reported net gains (losses) on investments of -$1.92K in Q4 2023.
What does net gains (losses) on investments mean?
Realized and unrealized gains/losses on investments removed from operating cash flow since they're investing-related.

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