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Bit Digital BTBT Construction in progress

Construction in progress at other companies

WYF
WhiteFiber, Inc. Ordinary SharesWYFI
$294.32M—
KEE
Keel Infrastructure Corp. Common StockKEEL
$71.99M—

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 us-gaap:ConstructionInProgressGross.

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 construction in progress?
Bit Digital (BTBT) reported construction in progress of $294.32M in Q1 2026.
How has Bit Digital's construction in progress changed year-over-year?
Bit Digital's construction in progress increased by 491.0% year-over-year, from $49.8M to $294.32M.
What is the long-term trend for Bit Digital's construction in progress?
Over 2 years (2023 to 2025), Bit Digital's construction in progress has grown at a 75.4% compound annual growth rate (CAGR), from $51.03M to $157.04M.
What does construction in progress mean?
Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.