Company: BTBT
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110383
Chunk: 0

Company: Bit Digital, Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 0
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Item
1. Financial Statements and Supplementary Data 

BIT
DIGITAL, INC.

UNAUDITED
CONDENSED CONSOLIDATED BALANCE SHEETS

As
of September 30, 2025 and December 31, 2024

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

    September 30,  
    December 31, 

    2025  
    2024 
  
    ASSETS 

    Current
    Assets 

    Cash
    and cash equivalents 
    $179,118,182  
    $95,201,335 
  
    Restricted
    cash 
     3,732,792  
     3,732,792 
  
    Accounts
    receivable, net 
     17,441,029  
     5,267,863 
  
    USDC 
     1,027,458  
     411,413 
  
    Digital
    assets 
     423,682,364  
     161,377,344 
  
    Digital
    intangible assets 
     17,257,172  
     - 
  
    Net
    investment in lease – current, net 
     4,126,623  
     2,546,519 
  
    Loans
    receivable 
     400,000  
     400,000 
  
    Other
    current assets, net 
     25,865,020  
     28,319,669 
  
    Total
    Current Assets 
     672,650,640  
     297,256,935 

    Non-Current
    Assets 

    Deposits
    for property, plant, and equipment 
     9,979,576  
     39,059,707 
  
    Property,
    plant, and equipment, net 
     271,305,168  
     107,302,458 
  
    Goodwill 
     19,848,419  
     19,383,291 
  
    Intangible
    assets, net 
     12,808,901  
     13,028,730 
  
    Operating
    lease right-of-use assets 
     42,773,580  
     14,967,569 
  
    Net
    investment in lease - non-current, net