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BTBT Financials Bit Digital, Inc

10 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 4.3% per year over the past 5 years.

Financial health

  • Total debt has grown faster than revenue (10.0% vs 4.3% per year).
  • Operating income covered interest expense -29.7× in the latest year.
  • The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.

Shareholder returns

  • Dividends have been paid for 1 consecutive year.
  • The dividend has declined 29.3% per year over the past 5 years.
Revenue & net income
-$105M $4M $114M $0 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-332% -132% 68% 0% 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$575M -$287M $0 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $59M $118M 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$289M $155M $599M $0 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $114M -$80M 0.0% -80.9% -$575M $118M
2024 $108M $28M 0.0% 25.5% -$107M $95M
2023 $45M -$14M 34.2% -37.0% -$66M $17M
2022 $32M -$105M 36.9% -331.8% -$28M $3M $33M
2021 $96M -$1M 68.0% 6.1% -$64M $3M $42M
2020 -$2M -$5M $405133
2019 $5M -$10M 0.0% -43.6% $15988
2018 $8M -$4M 0.0% -24.0% -$6M $2M
2017 $7M -$942368 0.0% -19.6% -$2M $5M
2016 $4M $160905 0.0% 5.9% -$1M $7M

Valuation over time

How the market has priced BTBT against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 16.7 33.4 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 17.6 35.1 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S
Dividend yield (%)
0.0 0.2 0.3 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
Dividend yield %

Frequently asked questions

Is BTBT growing its revenue and profit?

Over the past 5 years, Bit Digital, Inc's revenue has grown 4.3% per year. These are computed facts, not advice.

How much debt does BTBT have?

As of FY2025, Bit Digital, Inc reported — of total debt against $118M of cash; operating income covered interest expense -29.7×.

What is BTBT's profit margin?

In FY2025, gross margin was —, operating margin -80.9%, and net margin -70.7%.

What is BTBT's P/E ratio?

As of Jun '26, Bit Digital, Inc traded at a price-to-earnings ratio of about 21.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.