Company: BTBT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076608
Chunk: 65

Company: Bit Digital, Inc
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 65
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     -  
     10,232,017 
  
    Profit sharing fees 
     2,242,111  
     -  
     -  
     -  
     2,242,111 
  
    Datacenter lease expense 
     -  
     2,639,653  
     307,277  
     -  
     2,946,930 
  
    GPU lease expense 
     -  
     7,496,856  
     -  
     -  
     7,496,856 
  
    Wage expense 
     -  
     -  
     169,543  
     -  
     169,543 
  
    Service costs - ETH staking 
     -  
     -  
     -  
     62,201  
     62,201 
  
    Other segment items (b) 
     1,389,999  
     1,171,019  
     230,001  
     -  
     2,791,019 

    Segment gross profit 
    $2,209,327  
    $18,958,481  
    $2,167,531  
    $863,772  
    $24,199,111 

  (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. 

Six Months Ended June 30, 2024

    Digital asset mining  
    Cloud services  
    ETH staking  
    Total 
  
    Revenue from external customers 
    $37,971,653  
    $20,566,781  
    $699,558  
    $59,237,992 

    Reconciliation of revenue 

    Other revenue (a) 

     192,252 
  
    Total consolidated revenue 

     59,430,244 

    Less: 

    Electricity costs 
     15,264,702  
     226,421  
     -  
     15,491,123 
  
    Profit sharing fees 
     6,977,443  
     -  
     -