BTCW Financials WisdomTree Bitcoin Fund
2 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 →
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | — | -$37M | — | — | — | -26.2% | — | — | — |
| 2024 | — | $128M | — | — | — | 35.6% | — | — | — |
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | — | -$21M | — | — | — | -15.7% | — | — | — |
| Mar '26 | — | -$34M | — | — | — | -23.0% | — | — | — |
| Dec '25 | — | -$44M | — | — | — | -31.6% | — | — | — |
| Sep '25 | — | $11M | — | — | — | 5.9% | — | — | — |
| Jun '25 | — | $37M | — | — | — | 22.4% | — | — | — |
| Mar '25 | — | -$40M | — | — | — | -21.8% | — | — | $33M |
| Dec '24 | — | $110M | — | — | — | 30.5% | — | — | — |
| Sep '24 | — | $10M | — | — | — | 4.2% | — | — | — |
| Jun '24 | — | -$10M | — | — | — | -12.3% | — | — | — |
| Mar '24 | — | $18M | — | — | — | 22.8% | — | — | $3372 |
Valuation over time
How the market has priced BTCW against its own fundamentals since 2024-01 — 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.
- The price-to-earnings ratio has fallen from 1.7× (Dec '24) to 1.6× (Nov '25).
Frequently asked questions
Is BTCW growing its revenue and profit?
See the revenue and net-income charts above for WisdomTree Bitcoin Fund's multi-year trend.
How much debt does BTCW have?
As of FY2025, WisdomTree Bitcoin Fund reported — of total debt against — of cash.
What is BTCW's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin —.
What is BTCW's P/E ratio?
As of Sep '26, WisdomTree Bitcoin Fund traded at a price-to-earnings ratio of about 1.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E 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.