Company: BTBT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076608
Chunk: 201

Company: Bit Digital, Inc
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 2
Chunk 201
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,374,103 for the six months ended June 30, 2024, respectively. 

64

Discussion of Certain Balance Sheet Items

The following table sets forth selected information
from our consolidated balance sheets as of June 30, 2025 and December 31, 2024. This information should be read together with our consolidated
financial statements and related notes included elsewhere in this report. 

    June 30,  
    December 31,  
    Variance in 

    2025  
    2024  
    Amount 
  
    ASSETS 

    Current Assets 

    Cash and cash equivalents 
    $181,165,847  
    $95,201,335  
    $85,964,512 
  
    Restricted cash 
     3,732,792  
     3,732,792  
     - 
  
    Accounts receivable 
     6,491,562  
     5,267,863  
     1,223,699 
  
    USDC 
     515,242  
     411,413  
     103,829 
  
    Digital assets 
     91,214,450  
     161,377,344  
     (70,162,894)
  
    Net investment in lease - current 
     3,517,921  
     2,546,519  
     971,402 
  
    Loans receivable 
     400,000  
     400,000  
     - 
  
    Other current assets 
     26,715,156  
     28,319,669  
     (1,604,513)
  
    Total Current Assets 
     313,752,970  
     297,256,935  
     16,496,035 

    Non-Current Assets 

    Deposits for property, plant, and equipment 
     21,066,026  
     39,059,707  
     (17,993,681)
  
    Property, plant, and equipment, net 
     253,920,936  
     107,302,458  
     146,618,478 
  
    Goodwill 
     20,190,268  
     19,383,291  
     806,977