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Bit Digital BTBT Disposal Of Property Plant And Equipment
Disposal Of Property Plant And Equipment at other companies
Other financials
Where this comes from
Reported directly by Bit Digital in its filing.
Tagged under the XBRL concept btbt:DisposalOfPropertyPlantAndEquipment.
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
For the three months ended March 31, 2026, the Company sold 126 H200s GPU for a total consideration of approximately $26.1 million. On the date of the transaction, the carrying amount of these GPUs was $24.3 million. The Company recognized a gain of $1.8 million from the sale which was recorded within net gain from disposal of property, plant and equipment. As of the date of this Form 10-Q, the Company has collected the full cash consideration of $26.1 million.
Item 1. Financial Statements.
FAQ
- What is Bit Digital's disposal of property plant and equipment?
- Bit Digital (BTBT) reported disposal of property plant and equipment of $24.3M in Q1 2026.
- What does disposal of property plant and equipment mean?
- The carrying value or proceeds related to the retirement or sale of property, plant, and equipment assets. This indicates the company's strategy regarding asset turnover, modernization, or the divestment of obsolete mining and infrastructure equipment.
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