Company: BTBT
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001013762-25-000307
Chunk: 1174

Company: Bit Digital, Inc
Filing Date: 2025-03-14
Form: 10-K
Item: Item 2
Chunk 1174
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-  
     (50,038,650)
  
    Loss on write-off of deposit to hosting facility 
     -  
     (2,041,491) 
     (129,845)
  
    Total operating expenses 
     (80,487,456) 
     (61,535,840) 
     (139,463,068)

    Income (loss)  from operations 
     27,563,264  
     (16,619,709) 
     (107,166,475)

    Net (loss) gain from disposal of property and equipment 
     (859,083) 
     (165,160) 
     1,353,299 
  
    Gain from sale of investment security 
     -  
     8,220  
     1,039,999 
  
    Other income (expense), net 
     5,579,796  
     3,162,412  
     (1,116,276)
  
    Total other income, net 
     4,720,713  
     3,005,472  
     1,277,022 

    Income (loss) before income taxes 
     32,283,977  
     (13,614,237) 
     (105,889,453)

    Income tax (expenses) benefits 
     (3,978,167) 
     (279,044) 
     592,850 
  
    Net Income (loss) 
    $28,305,810  
    $(13,893,281) 
    $(105,296,603)

    Other comprehensive income (loss) 

    Foreign currency translation adjustment 
     (1,565,496) 
     -  
     - 
  
    Comprehensive income (loss) 
    $26,740,314  
    $(13,893,281) 
    $(105,296,603)

    Weighted average number of ordinary share outstanding 

    Basic 
     140,346,322  
     87,534,052  
     78,614,174 
  
    Diluted 
     141,507,497  
     87,534,052  
     78,614,174 

    Earning (loss) per share 

    Basic