# Bit Digital, Inc. (BTBT)

**Exchange:** NASDAQ  
**Sector:** Financial Services

> Bit Digital, Inc. is a digital infrastructure and financial technology company focused on blockchain-based and high-performance computing activities. The company operates across several segments, including digital asset mining, cloud services, colocation services, and Ethereum staking. Bit Digital provides specialized cloud infrastructure for artificial intelligence and machine learning developers, offering computing capacity and related services tailored to data-intensive workloads. In its digital asset mining operations, the company primarily mines bitcoin and engages in Ethereum network participation through staking to earn protocol-native rewards. Bit Digital’s colocation services segment supports third-party operators by hosting and managing hardware in suitable data center environments. Through this combination of mining, staking, and cloud infrastructure, Bit Digital, headquartered in New York City and founded in 2015, plays a niche role at the intersection of digital assets, AI-oriented compute, and broader capital markets infrastructure.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $114M | — | -$92M | -$80M | — |
| 2024 | $108M | — | $28M | $28M | — |
| 2023 | $45M | — | -$17M | -$14M | — |
| 2022 | $32M | — | -$107M | -$105M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.17B | $309M | $724M | $118M | — |
| 2024 | $538M | $75M | $463M | $95M | — |
| 2023 | $189M | $37M | $153M | $17M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$289M | $286M | -$575M |
| 2024 | -$13M | $94M | -$107M |
| 2023 | $1M | $67M | -$66M |
| 2022 | -$8M | $19M | -$28M |

Source: [CompaniesByCap](https://companiesbycap.com/company/BTBT)