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Bit Digital, Inc.

BTBT, Nasdaq, tier 2domestic filer (10-K, 10-Q, 8-K)fiscal year ends 12-31Investor relationsEDGAR filings

Exited bitcoin mining for an ETH treasury strategy from 2025-06-25 (brief A, reported); satisfies spec 4.1 'was at listing' only

Bit Digital describes itself as "a Strategic Asset Company (SAC) focused on active participation in Ethereum infrastructure and controlling equity exposure to AI/HPC infrastructure through its majority ownership stake in WhiteFiber (NASDAQ: WYFI)". Every HPC contract, data centre and cloud customer in this dossier belongs to WhiteFiber, not to Bit Digital, and WhiteFiber files its own reports.

Listed as BTBT on Nasdaq, ordinary shares, $0.01 par value.

10-K FY2025 filed 2026-03-27, grade verified, accessed 2026-09-06.

The seven operational hero metrics, from the Tier 2 dossier pass of 2026-09-06: reported figures are solid, computed ones hatched, a figure the company defines differently from its peers marked not comparable, and every null carrying the input it lacks.

Hashrate, realized

as of 2026-06-30 · 10-Q Q2 2026 filed 2026-08-13

Fleet efficiency
Not disclosed

Not disclosed by the company in the documents read on 2026-09-06.

All-in cost per bitcoin
Not disclosed

Not disclosed by the company in the documents read on 2026-09-06.

Bitcoin held
Not disclosed

Not disclosed by the company in the documents read on 2026-09-06.

EV per EH/s
Not disclosed

This pass carries no share price for a Tier 2 company, so enterprise value cannot be formed: it is market capitalization plus debt less cash, and market capitalization is the missing term. Cash $83.6M, debt $336.2M, and 360.6M shares are on file.

Revenue per MW, annualized
Not disclosed

Revenue per MW is annualized quarterly revenue over energized megawatts, and this company discloses no energized megawatts: it states 12.55 MW of nameplate or contracted capacity instead (hosted capacity at Merkle Standard, as of 2026-06-30), and the peers' denominator is energized capacity, so computing on nameplate would change what the metric means while keeping its label.

Months of liquidity
Not disclosed

The proxy divides liquidity by a monthly cost base, and this company publishes no monthly fixed costs or debt service. Cash $83.6M is on file, and bitcoin held is not disclosed.

7 HPC and AI rows on file: 7 signed or operating.

The status word is part of the figure: an intention stated on a call and a signed lease are not the same fact, so a megawatt, a term or a value on a row that is not an agreement carries its status beside it. The deal book totals critical IT capacity for the Tier 1 companies only, so it carries no company total here; the megawatts on each row below are what the documents state, and this page does not add them up. Tap or hover a figure for the text it was read from. Every company's rows.

CounterpartyStatusAnnouncedMWTermDisclosed valueDocument
Undisclosed cloud customers (multi-year Cloud Services agreements)WhiteFiber cloud fleetContracted2026-08-13not statednot stated8-K EX-99.1 2026-08-13
Colocation tenant (not named in the deck line)NC-1, North CarolinaContracted2026-02-04not statednot disclosed8-K EX-99.1 2026-02-04
Undisclosed cloud customersWhiteFiber cloud fleetContracted2025-05as dated in the 2026-06-30 decknot statednot stated8-K EX-99.1 2026-06-30
Cerebras SystemsWhiteFiber built-to-suit data centre (announced February 2025)Contracted2025-02first disclosed in the FY2024 results release of 2025-03-14not disclosed8-K EX-99.1 2025-03-14
Undisclosed first cloud customer (expansion)WhiteFiber GPU cloud (464 NVIDIA B200 GPUs)Contracted2025-01first disclosed 2025-03-14not statednot disclosed8-K EX-99.1 2025-03-14
DNA FundWhiteFiber GPU cloud (576 NVIDIA H200 GPUs)Contracted2024-12-30first disclosed 2025-03-14not stated8-K EX-99.1 2025-03-14
NscaleNC-1 campus, North Carolina (WhiteFiber Inc., NASDAQ: WYFI, majority owned by Bit Digital)Operating2024-10anchor contract; initial billing at NC-1 commenced August 20268-K EX-99.1 2026-06-30

The seven filing metrics every company gets, straight from XBRL.

Revenue

Q2 FY 2026, quarter ended 2026-06-30 · 10-Q 2026-08-13

Net income (loss)

Q2 FY 2026, quarter ended 2026-06-30 · 10-Q 2026-08-13

Cash and cash equivalents

as of 2026-06-30 · 10-Q 2026-08-13

Digital assets at fair value

as of 2026-06-30 · 10-Q 2026-08-13

Digital asset units held

as of 2025-09-30 · 10-Q 2025-11-14

Shares outstanding

as of 2026-08-10 · 10-Q 2026-08-13

Total assets

as of 2026-06-30 · 10-Q 2026-08-13

Revenue was $32.1M for the quarter ended 2026-06-30; the share count moved +12.2% (+39.2M shares) between 2025-08-13 and 2026-08-10; 384 filings are on EDGAR, the latest a Form 4 on 2026-09-02.

The share count went from 26K at 2016-12-31 to 360.6M at 2026-08-10.

shares · 26 dated counts, 2016-12-31 to 2026-08-10 · as of 2026-09-06 · Form 10-Q 2026-08-13

The share count went from 26K at 2016-12-31 to 360.6M at 2026-08-10.
PeriodShares outstanding (shares)
2016-12-3126K
2017-12-3113M
2018-12-3114.9M
2019-12-3115.4M
2020-07-2943.7M
2020-12-3148M
2021-03-3048M
2021-12-3169.6M
2022-04-0673.1M
2022-12-3182.5M
2023-04-2782.4M
2023-12-31107.3M
2024-12-31179.1M
2025-03-07182.4M
2025-03-31182.8M
2025-05-12207.8M
2025-06-30284.1M
2025-08-13321.4M
2025-09-30322.1M
2025-11-10323.7M
2025-12-31324.2M
2026-03-24326.6M
2026-03-31331.4M
2026-05-11349.2M
2026-06-30354.8M
2026-08-10360.6M
Share count change, one year

10-Q 2026-08-13 · 10-Q 2026-08-13

+39.2M shares since 2025-08-13

3 at-the-market documents on file, the largest program $2.5B, the most recent filed 2025-10-31.

An at-the-market program is a standing authority to sell shares into the market, so it is the mechanism behind the share count above. The size is the authority, not what has been sold: none of these documents states how much is left, and this page never estimates the difference. Tap or hover a size for the text it was read from.

FiledFormProgram sizeStated remainingSales agentsDocument
2025-10-31S-3ASRnot statednot namedsales agreement
2025-06-11S-3/Anot statednot namedsales agreement
2025-04-30S-3not statednot namedsales agreement

Cover-page language classifies the filing, not the form; every fact carries the sentence it came from; remaining capacity is null unless the document states it. Excluded: 424B3 (resale or selling-shareholder supplement), 424B7 (selling-securityholder supplement).

Quarterly revenue, 8 tagged quarters to 2026-06-30 and 2 hatched, derived from the fiscal year less its three reported quarters.

USD · 2024-03-31 to 2026-06-30 · as of 2026-09-06 · 10-Q 2026-08-13

Quarterly revenue, 8 tagged quarters to 2026-06-30 and 2 hatched, derived from the fiscal year less its three reported quarters.
PeriodRevenue (USD)
2024-03-31$30.4M
2024-06-30$29M
2024-09-30$22.8M
2024-12-31$25.8M (derived)
2025-03-31$25.1M
2025-06-30$25.7M
2025-09-30$30.5M
2025-12-31$32.3M (derived)
2026-03-31$27.9M
2026-06-30$32.1M

Quarterly net income, 8 tagged quarters to 2026-06-30 and 2 hatched, derived from the fiscal year, 6 of the 10 a loss.

USD · 2024-03-31 to 2026-06-30 · as of 2026-09-06 · 10-Q 2026-08-13

Quarterly net income, 8 tagged quarters to 2026-06-30 and 2 hatched, derived from the fiscal year, 6 of the 10 a loss.
PeriodNet income (USD)
2024-03-31$50.1M
2024-06-30-$12M
2024-09-30-$38.8M
2024-12-31$29M (derived)
2025-03-31-$57.7M
2025-06-30$14.9M
2025-09-30$150.9M
2025-12-31-$188.4M (derived)
2026-03-31-$146.7M
2026-06-30-$107.2M

Cash and equivalents at each balance sheet date, 16 points to 2026-06-30.

USD · 2018-12-31 to 2026-06-30 · as of 2026-09-06 · 10-Q 2026-08-13

Cash and equivalents at each balance sheet date, 16 points to 2026-06-30.
PeriodCash (USD)
2018-12-31$2.3M
2019-12-31$16K
2020-12-31$405.1K
2021-12-31$42.4M
2022-12-31$32.7M
2023-12-31$16.9M
2024-03-31$35.5M
2024-06-30$61.4M
2024-09-30$105.6M
2024-12-31$95.2M
2025-03-31$57.6M
2025-06-30$181.2M
2025-09-30$179.1M
2025-12-31$118.4M
2026-03-31$79.5M
2026-06-30$83.6M

Digital assets at fair value, 11 balance sheet dates to 2026-06-30.

USD · 2022-12-31 to 2026-06-30 · as of 2026-09-06 · 10-Q 2026-08-13

Digital assets at fair value, 11 balance sheet dates to 2026-06-30.
PeriodDigital assets (USD)
2022-12-31$15.8M
2023-10-01$4.7M
2023-12-31$20.6M
2024-09-30$1.1M
2024-12-31$161.4M
2025-03-31$79M
2025-06-30$91.2M
2025-09-30$3.6M
2025-12-31$415.7M
2026-03-31$2.3M
2026-06-30$120.1M

This company reports on a quarterly cadence and published no monthly production release in the thirteen months from August 2025 to August 2026.

No monthly release in the window; Bit Digital reports quarterly.

11 EX-99 exhibits and investor-relations releases from this window were read. 7 of them carry a classification in the file: 4 other, 3 quarterly or annual. The other 4 were read and left unclassified, so this count says what was labelled, not what was looked at. Hashrate, bitcoin mined, bitcoin held, energized megawatts, fleet efficiency and cost per bitcoin appear in the quarterly filings instead, where this site takes them from XBRL.

3 guidance statements on the ledger, 2 with an outcome document: 2 settled, 0 still open.

1 statement has no outcome document yet. 2 of the 3 are specific enough to score; the rest are tracked and shown but carry no number to check. 3 rows come from the company dossier and did not go through the contiguous-quote check, which the chip on the row says. Every company's statements.

2026-08-13directionalno outcome documentfrom the dossierrevenue
Based on contracts signed to date, its Cloud Services portfolio is expected to generate more than $200 million of annualized revenue once fully deployed.
Projected
more than $200 million of annualized Cloud Services revenue, no date stated ("once fully deployed")
Actual
unresolved as of 2026-09-06
Variance
not resolved

Said in 8-K EX-99.1 2026-08-13 (Q2 2026 results), grade verified. No outcome document has been read for this statement yet.

2025-06-25specificsettledfrom the dossierMW
WhiteFiber is targeting total aggregate data center capacity of 76 MW (gross) by the end of 2026, largely underpinned by assets under WhiteFiber’s control, as well as WhiteFiber’s 1,300 MW pipeline
Projected
76 MW gross data centre capacity, by 2026-12-31
Actual
Partly met and re-based: at 2026-08-13 WhiteFiber reported 40 MW of contracted IT load at NC-1 beginning to bill, and the June 2026 deck moves the NC-1 target to "at least 99.0 gross MW by May 2029". as of 2026-08-13
Variance
not computed

Said in 8-K 2025-06-25 (WhiteFiber business update), grade verified. Outcome from 8-K EX-99.1 2026-08-13 (Q2 2026 results), grade verified.

2025-06-25specificsettledfrom the dossierMW
The initial 24 MW (gross) capacity at NC-1 is expected to be online in the first quarter of 2026.
Projected
24 MW gross online at NC-1, by 2026-03-31
Actual
Missed by about two quarters: "Initial billing has commenced at NC-1, with full contracted run-rate billing across 40 megawatts of contracted IT load expected later this month" (2026-08-13). as of 2026-08-13
Variance
not computed

Said in 8-K 2025-06-25 (WhiteFiber business update), grade verified. Outcome from 8-K EX-99.1 2026-08-13 (Q2 2026 results), grade verified.

Every other metric in the registry, latest value as tagged.

Operating income (loss)-$82.6Mperiod ended 2026-06-30, Form 10-Q 2026-08-13
Diluted earnings per share-0.31period ended 2026-06-30, Form 10-Q 2026-08-13
Total liabilities$703.8Mas of 2026-06-30, Form 10-Q 2026-08-13
Stockholders' equity$395.2Mas of 2026-06-30, Form 10-Q 2026-08-13
Long-term debt$25.5Mas of 2026-06-30, Form 10-Q 2026-08-13
Property, plant and equipment, net$667.6Mas of 2026-06-30, Form 10-Q 2026-08-13
Cost of revenue$29.6Mstale 980dperiod ended 2023-12-31, Form 20-F 2024-03-18
Depreciation and amortization$10.1Mperiod ended 2026-06-30, Form 10-Q 2026-08-13
General and administrative expense$22.6Mperiod ended 2026-06-30, Form 10-Q 2026-08-13
Cash from operations$46.8Mperiod ended 2026-06-30, Form 10-Q 2026-08-13
Purchases of property and equipment$344.7Mperiod ended 2026-06-30, Form 10-Q 2026-08-13
Public float$609.8Mstale 433das of 2025-06-30, Form 10-K 2026-03-27

The last 18 of 384 filings on EDGAR, grouped into 15 events.

All BTBT filings
FiledFormDocumentPeriod
2026-09-02Form 4x2Form 4, 2026-09-022 notices filed the same day; the first is linked2026-08-31
2026-09-02RWWITHDRAWAL REQUEST
2026-08-25S-8REGISTRATION STATEMENT
2026-08-25SCHEDULE 13D/ASCHEDULE 13D/A, 2026-08-25
2026-08-24SCHEDULE 13D/ASCHEDULE 13D/A, 2026-08-24
2026-08-20Form 4x2Form 4, 2026-08-202 notices filed the same day; the first is linked2026-08-18
2026-08-13Form 8-KCURRENT REPORTItems 2.02, 7.01, 9.012026-08-13
2026-08-13Form 10-QQUARTERLY REPORT2026-06-30
2026-08-03Form 8-KCURRENT REPORTItems 5.02, 9.012026-07-30
2026-07-30Form 8-KCURRENT REPORTItems 5.03, 5.07, 9.012026-07-29
2026-07-28Form 4x2Form 4, 2026-07-282 notices filed the same day; the first is linked2026-07-24
2026-07-20DEFA14ADEFINITIVE ADDITIONAL MATERIALS
2026-06-30Form 8-KCURRENT REPORTItems 7.01, 9.012026-06-30
2026-06-23DEFA14ADEFINITIVE ADDITIONAL MATERIALS
2026-06-17DEFA14ADEFINITIVE ADDITIONAL MATERIALS

6 facilities on file, each with its disclosure.

SiteLocationStageMW energizedMW nameplateSource
Hosted miners at Merkle (location undisclosed)US (undisclosed)operatingnot disclosed12.55Bit Digital 10-Q Q2 2026, filed 2026-08-13
MTL-1 (WhiteFiber, Enovum)Montreal, QC (city centroid)operatingnot disclosednot disclosedBit Digital 10-K FY2025, filed 2026-03-27, Item 2 Properties
MTL-2 (WhiteFiber)Pointe-Claire, QC (city centroid)under constructionnot disclosed5Bit Digital 10-Q Q2 2026, filed 2026-08-13
MTL-3 (WhiteFiber)Saint-Jerome, QC (city centroid)operatingnot disclosednot disclosedBit Digital 10-K FY2025, filed 2026-03-27, Item 2 Properties
NC-1 (WhiteFiber)Madison, NC (city centroid)under constructionnot disclosed99Bit Digital 10-Q Q2 2026, filed 2026-08-13
Blonduos cloud data center (WhiteFiber, Iceland)Blonduos, Iceland (undisclosed)operatingnot disclosednot disclosedBit Digital 10-K FY2025, filed 2026-03-27, Item 2 Properties