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Bit Digital BTBT Crypto Asset Mining

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Segments

By geography

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US$3.07M-52.0%
IS$633.95K-53.9%

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 crypto asset mining?
Bit Digital (BTBT) reported crypto asset mining of $3.7M in Q1 2026.
How has Bit Digital's crypto asset mining changed year-over-year?
Bit Digital's crypto asset mining decreased by 52.4% year-over-year, from $7.78M to $3.7M.
What is the long-term trend for Bit Digital's crypto asset mining?
Over 3 years (2022 to 2025), Bit Digital's crypto asset mining has grown at a -5.4% compound annual growth rate (CAGR), from $32.27M to $27.35M.
What does crypto asset mining mean?
Revenue generated from the operation of computational hardware to validate transactions and secure a blockchain network in exchange for digital asset rewards. This is a primary operational metric for companies engaged in digital asset production.

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