Company: BTBT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076608
Chunk: 4

Company: Bit Digital, Inc
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 4
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    Total operating expenses 
     (13,920,414) 
     (40,523,699) 
     (91,393,846) 
     (23,751,503)

    Income (loss) from operations 
     11,739,005  
     (11,480,293) 
     (40,635,561) 
     35,678,741 

    Net loss from disposal of property and equipment 
     -  
     -  
     (333,620) 
     - 
  
    Other income, net 
     4,726,754  
     68,974  
     395,011  
     4,569,147 
  
    Total other income, net 
     4,726,754  
     68,974  
     61,391  
     4,569,147 

    Income (loss) before income taxes 
     16,465,759  
     (11,411,319) 
     (40,574,170) 
     40,247,888 

    Income tax expenses 
     (1,591,557) 
     (541,781) 
     (2,263,273) 
     (2,119,131)
  
    Net income (loss) 
    $14,874,202  
    $(11,953,100) 
    $(42,837,443) 
    $38,128,757 

    Other comprehensive income  (loss)  

    Foreign currency translation adjustment 
     3,428,201  
     -  
     2,923,531  
     - 
  
    Comprehensive income  (loss)  
    $18,302,403  
    $(11,953,100) 
     (39,913,912) 
     38,128,757 

    Weighted average number of ordinary share outstanding 

    Basic 
     206,889,826  
     128,053,586  
     194,355,223  
     121,362,883 
  
    Diluted 
     208,817,806  
     128,053,586  
     194,355,223  
     122,374,103