BTC Digital financials
$1.10−1.79%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q4 '25 Dec 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 |
|---|---|---|---|---|---|---|
| Revenue | — | $4.1M | $2.6M | $2.3M | $2.6M | $944.0K |
| Gross profit | — | $718.0K | -$261.0K | -$214.0K | -$128.0K | -$484.0K |
| Gross margin | — | 17.4% | −10.2% | −9.2% | −4.8% | −51.3% |
| Operating income | — | -$439.0K | -$542.0K | -$628.0K | -$1.1M | -$688.0K |
| Net income | — | $17.0K | -$571.0K | -$704.0K | -$731.0K | -$702.0K |
| Net margin | — | 0.4% | −22.3% | −30.2% | −27.6% | −74.4% |
| Diluted EPS | — | $0.00 | $-0.21 | $-0.27 | $-0.30 | $-0.36 |
| EBITDA | $0.00 | -$439.0K | $377.0K | $291.0K | -$207.0K | -$688.0K |
| Operating cash flow | — | -$1.8M | -$284.0K | $3.5M | $172.0K | $1.8M |
| Free cash flow | — | -$3.1M | -$294.0K | $77.0K | -$433.0K | $1.1M |
| Diluted shares | 8.2M | 4.3M | 2.7M | 2.6M | 2.4M | 1.9M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $350.0K | $14.9M | $27.0K | $287.0K | $32.0K | $43.0K |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $2.2M | $484.0K | $544.0K | $510.0K | $308.0K | $125.0K |
| Total assets | $39.9M | $41.1M | $25.1M | $24.7M | $24.6M | $24.5M |
| Total liabilities | $2.8M | $1.2M | $4.6M | $5.1M | $4.3M | $5.1M |
| Shareholders' equity | $37.2M | $39.9M | $20.4M | $19.6M | $20.3M | $19.4M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology