Company: BTBT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076608
Chunk: 2

Company: Bit Digital, Inc
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 2
---
,000,000 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 
     9,050,000  
     9,050,000 
  
    Ordinary shares, $0.01 par value, 340,000,000 and 340,000,000 shares authorized, 284,182,277 and 179,255,191 shares issued, 284,052,291 and 179,125,205 shares outstanding as of June 30, 2025 and December 31, 2024, respectively 
     2,841,823  
     1,792,548 
  
    Treasury stock, at cost, 129,986 and 129,986 shares as of June 30, 2025 and December 31, 2024, respectively 
     (1,171,679) 
     (1,171,679)
  
    Additional paid-in capital 
     762,157,571  
     553,583,437 
  
    Accumulated deficit 
     (141,047,106) 
     (98,209,661)
  
    Accumulated
    other comprehensive income (loss) 
     1,358,035  
     (1,565,496)
  
    Total
    Shareholders’ Equity 
     633,188,644  
     463,479,149 
  
    Total
    Liabilities and Shareholders’ Equity 
    $723,419,037  
    $538,247,664 

The accompanying notes are an integral part of
these unaudited condensed consolidated financial statements.

1

BIT DIGITAL, INC.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS
OF OPERATIONS AND
COMPREHENSIVE INCOME (LOSS)

For the Three and Six Months Ended June 30, 2025 and 2024

(Expressed in US dollars, except for the number
of shares)

    For the Three Months Ended  June 30,  
    For the Six Months Ended  June 30, 

    2025  
    2024  
    2025  
    2024 

    Revenues 

    Digital asset mining 
    $6,631,838  
    $16,079,893  
    $14,408,801