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Bit Digital BTBT Loss On Writeoff Of Deposit To Hosting Facility

Loss On Writeoff Of Deposit To Hosting Facility at other companies

General Purpose Acquisition Corp.
 logo
General Purpose Acquisition Corp. GPAC
$141.21K
CleanSpark logo
CleanSparkCLSK
-$3.99M-279%
KEE
Keel Infrastructure Corp. Common StockKEEL
$25.46M+2,707%
Meritage Homes logo
Meritage HomesMTH
$1.37M-4.2%
Orion logo
OrionOEC
-$1.73M-112%
BioCryst Pharmaceuticals logo
BioCryst PharmaceuticalsBCRX
$110K

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 btbt:LossOnWriteoffOfDepositToHostingFacility.

The official record: Bit Digital’s 10-K, filed March 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bit Digital's loss on writeoff of deposit to hosting facility?
Bit Digital (BTBT) reported loss on writeoff of deposit to hosting facility of $510.37K in Q4 2023.
How has Bit Digital's loss on writeoff of deposit to hosting facility changed year-over-year?
Bit Digital's loss on writeoff of deposit to hosting facility increased by 1472.3% year-over-year, from $32.46K to $510.37K.
What does loss on writeoff of deposit to hosting facility mean?
Financial losses resulting from the abandonment or unrecoverability of deposits previously paid to third-party hosting providers for mining infrastructure. This metric serves as an indicator of counterparty risk and the effectiveness of capital allocation in infrastructure partnerships.