₿$73,459.79▼ 0.12%
Bit Digital, Inc.
BTBT🇰🇾Reserve
Bit Digital is a Cayman Islands-incorporated, NASDAQ-listed company that operated Bitcoin mining facilities in the U.S. and Canada, retaining mined BTC on its balance sheet beginning in 2020. In 2025, the company pivoted to become a pure-play Ethereum staking and treasury company, selling all remaining BTC holdings.
BTC Holdings
1.2 BTC
180d
Stock PriceUpdated 11h ago
$2.02▼ 0.49%
180d
Total financing
200.00M USD
180d
mNAV
8421.10x▼ 0.37%
180d
BTC Risk
100.00%0.0x
Sats/Share
0
180d
Mkt capFD
742.33M USD
SharesFD
367.49M
Fiat reserve
79.53M USD
Total reserve
79.62M USD
Leverage
136662.6%
Dilution
10.9%
Coverage
0.0 yr
BTC mix
0%
Analytics
BTC Coverage
FinancialsUnverified
US-GAAPQuarterlyAs of 2026-03-31
Balance Sheet
Total Assets$1.2B▲4.2%
Total Liabilities$572M▲553.7%
Stockholders' Equity$469.2M▼48.2%
Cash & Equivalents$79.5M▼55.6%
Total Debt—
Digital Assets$295M▲8149.8%
Income Statement
Revenue$27.9M▼8.3%
Operating Income$-142.9M▼200.8%
Net Income$-146.7M▼197.2%
Interest Expense$5.1M
Cash Flow
Operating Cash Flow$-1.1M▲99.5%
ATM Programs
Common
Instruments
| Instrument | Term | Coupon | Principal | Outstanding | Conv. price | BTC Rating |
|---|---|---|---|---|---|---|
| BTBT-Oct30 | Oct '25 – Oct '30 | 4% | 150.00M USD | 150.00M USD | 4.16 USD | 0.0x |
| Total | 150.00M USD | |||||
Recent Changes
Wed, May 20, 2026
Debt OutstandingDrawBTBT-Galaxy
50.0M
Form 8-K (Galaxy digital currency loan facility & WhiteFiber term loan)
Tue, Mar 31, 2026
BTC Holdings
4→1.2-2.8 BTC(-70.0%)
Form 10-Q (Q1 2026)
Shares Outstanding
326.6M→331.4M+4.9M(+1.5%)
Form 10-Q (Q1 2026)
Fiat Reserve
118.4M→79.5M-38.8M(-32.8%)USD
Form 10-Q (Q1 2026)
Tue, Mar 24, 2026
Shares Outstanding
324.2M→326.6M+2.4M(+0.7%)
Form 10-K (2025)
ATM Activity2026-01-01 – 2026-03-24
2.4M shares$4.2M
Period end set to 2026-03-24, the cover-page share-count date in the 10-K. Net proceeds $4.1M after offering costs. No BTC acquired — Company is winding down BTC operations and reallocating to ETH.
Form 10-K (2025)Wed, Dec 31, 2025
BTC Holdings
0→4+4 BTC
Form 10-K (2025)
Shares Outstanding
322.1M→324.2M+2.1M(+0.6%)
Form 10-K (2025)
Fiat Reserve
179.1M→118.4M-60.8M(-33.9%)USD
Form 10-K (2025)
ATM Activity2025-01-01 – 2025-12-31
30.2M shares
Net proceeds $63.1M; gross proceeds and per-share weekly cadence not separately disclosed in the annual filing. No BTC acquired — Company transitioned to ETH-native treasury in June 2025 and used proceeds for ETH purchases and operations.
Form 10-K (2025)