Company: BTBT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076608
Chunk: 64

Company: Bit Digital, Inc
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 64
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,893  
    $12,497,197  
    $373,812  
    $28,950,902 

    Reconciliation of revenue 

    Other revenue (a) 

     92,504 
  
    Total consolidated revenue 

     29,043,406 

    Less: 

    Electricity costs 
     7,177,302  
     143,043  
     -  
     7,320,345 
  
    Profit sharing fees 
     2,714,035  
     -  
     -  
     2,714,035 
  
    Datacenter lease expense 
     -  
     605,220  
     -  
     605,220 
  
    GPU lease expense 
     -  
     3,830,061  
     -  
     3,830,061 
  
    Service costs - ETH staking 
     -  
     -  
     20,458  
     20,458 
  
    Other segment items (b) 
     646,504  
     16,977  
     3,998  
     667,479 

    Segment gross profit 
    $5,542,052  
    $7,901,896  
    $349,356  
    $13,793,304 

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

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

36

Six Months Ended June 30, 2025

    Digital asset mining  
    Cloud services  
    Colocation services  
    ETH staking  
    Total 
  
    Revenue from external customers 
    $14,408,801  
    $31,437,601  
    $3,367,413  
    $925,973  
    $50,139,788 

    Reconciliation of revenue 

    Other revenue (a) 

     618,497 
  
    Total consolidated revenue 

     50,758,285 

    Less: 

    Electricity costs 
     8,567,364  
     1,171,592  
     493,061