Company: BTBT
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001013762-25-000307
Chunk: 949

Company: Bit Digital, Inc
Filing Date: 2025-03-14
Form: 10-K
Item: Item 1C
Chunk 949
---

     1,361,241 
  
    ETH staking 
     1,819,876  
     675,713  
     1,144,163 
  
    Other 
     550,260  
     -  
     550,260 
  
    Total revenues 
     108,050,720  
     44,916,131  
     63,134,589 

    Operating costs and expenses 

    Cost of revenue (exclusive of depreciation shown below) 

    Digital asset mining 
     (42,307,012) 
     (29,505,783) 
     (12,801,229)
  
    Cloud services 
     (19,508,252) 
     -  
     (19,508,252)
  
    Colocation services 
     (490,501) 
     -  
     (490,501)
  
    ETH staking 
     (72,067) 
     (50,802) 
     (21,265)
  
    Depreciation and amortization expenses 
     (32,311,056) 
     (14,426,733) 
     (17,884,323)
  
    General and administrative expenses 
     (41,508,279) 
     (27,668,592) 
     (13,839,687)
  
    Gains on digital assets 
     55,709,711  
     -  
     55,709,711 
  
    Realized gain on exchange of digital assets 
     -  
     18,789,998  
     (18,789,998)
  
    Impairment of digital assets 
     -  
     (6,632,437) 
     6,632,437 
  
    Loss on write-off of deposit to hosting facility 
     -  
     (2,041,491) 
     2,041,491 
  
    Total operating expenses 
     (80,487,456) 
     (61,535,840) 
     (18,951,616)

    (Loss) income from operations 
     27,563,264  
     (16,619,709) 
     44,182,973 

    Net loss from