Company: BTBT
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110383
Chunk: 76

Company: Bit Digital, Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 76
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,545,520 
  
    Profit sharing fees 
     993,277  
     -  
     -  
     -  
     993,277 
  
    Datacenter lease expense 
     -  
     1,380,553  
     166,114  
     -  
     1,546,667 
  
    GPU lease expense 
     -  
     3,454,308  
     -  
     -  
     3,454,308 
  
    Wage expense 
     -  
     -  
     92,494  
     -  
     92,494 
  
    Service costs - ETH staking 
     -  
     -  
     -  
     113,147  
     113,147 
  
    Other
    segment items (b) 
     413,790  
     848,588  
     127,542  
     -  
     1,389,921 

    Segment
    gross profit 
    $2,383,010  
    $11,718,350  
    $1,017,333  
    $2,755,387  
    $17,874,080 

(a)Other revenue is primarily attributable to Equipment Leasing revenue and is therefore not included in the total for segment gross profit.

(b)All amounts included within Other segment items are individually insignificant.

Three
Months Ended September 30, 2024

    Digital asset
    mining  
    Cloud
    services  
    ETH
    staking  
    Total 
  
    Revenue from external customers 
    $10,110,221  
    $12,151,302  
    $447,004  
    $22,708,527 

    Reconciliation of revenue 

    Other revenue (a) 

     130,144 
  
    Total consolidated revenue 

     22,838,671 

    Less: 

    Electricity costs 
     8,508,918  
     210,200  
     -  
     8,719,118 
  
    Profit sharing fees 
     902,494  
     -  
     -  
     902,494 
  
    Datacenter