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Bit Digital BTBT Reclassification Of Deposits To Property And Equipment

Reclassification Of Deposits To Property And Equipment at other companies

WYF
WhiteFiber, Inc. Ordinary SharesWYFI
$6.46M-91.4%
Bit Digital logo
Bit DigitalBTBT
$6.46M-92.0%
Bit Digital logo
Bit DigitalBTBT
$6.46M-92.0%
Gryphon Digital Mining, Inc. logo
Gryphon Digital Mining, Inc.ABTC
$10.63M
Riot Platforms, Inc. logo
Riot Platforms, Inc.RIOT
$54M+380%
Postal Realty Trust logo
Postal Realty TrustPSTL
$77K+103%

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:ReclassificationOfDepositsToPropertyAndEquipment.

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 reclassification of deposits to property and equipment?
Bit Digital (BTBT) reported reclassification of deposits to property and equipment of $6.46M in Q1 2026.
How has Bit Digital's reclassification of deposits to property and equipment changed year-over-year?
Bit Digital's reclassification of deposits to property and equipment decreased by 92.0% year-over-year, from $80.31M to $6.46M.
What is the long-term trend for Bit Digital's reclassification of deposits to property and equipment?
Over 2 years (2022 to 2025), Bit Digital's reclassification of deposits to property and equipment has grown at a 84.9% compound annual growth rate (CAGR), from -$40.52M to $138.57M.
What does reclassification of deposits to property and equipment mean?
The value of advance payments or deposits for capital assets that have been transferred to property, plant, and equipment upon delivery or installation. This reflects the conversion of capital expenditure commitments into operational assets. It serves as a leading indicator of infrastructure deployment progress.