Company: BTBT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076608
Chunk: 11

Company: Bit Digital, Inc
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 11
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     3,930,493  
     8,383,844 
  
    Other non-current assets 
     1,575,783  
     568,694 
  
    Accounts receivable 
     (1,186,845) 
     (4,127,532)
  
    Accounts payable 
     (258,487) 
     3,819,978 
  
    Other payables and accrued liabilities 
     5,264,840  
     (3,706,666)
  
    Net investment in lease 
     1,341,770  
     (2,875,439)
  
    Other long-term liabilities 
     (392,687) 
     - 
  
    Income tax payable 
     341,234  
     630,210 
  
    Deferred tax liability 
     1,686,729  
     1,480,921 
  
    Net Cash Provided by (Used in) Operating Activities 
     35,095,075  
     (30,370,425)

    Cash Flows from Investing Activities: 

    Purchases of and deposits made for property, plant and equipment 
     (147,144,795) 
     (5,560,262)
  
    Investment in equity securities 
     (2,001,600) 
     (100,000)
  
    Investment in SAFE 
     -  
     (1,000,000)
  
    Proceeds from disposal of property, plant and equipment 
     906,016  
     - 
  
    Net Cash Used in Investing Activities 
     (148,240,379) 
     (6,660,262)

    Cash Flows from Financing Activities: 

    Net proceeds from issuance of common stock for public offering 
     141,625,128  
     - 
  
    Net proceeds from issuance of common stock/At-the-market offering 
     58,488,565  
     80,273,917 
  
    Payment of dividends 
     (800,000) 
     - 
  
    Net Cash Provided by Financing Activities 
     199,313,693  
     80,273,917 

    Net increase in cash, cash equivalents and restricted cash 
     86,168,389  
     43,243,230