Company: BTBT
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110383
Chunk: 78

Company: Bit Digital, Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 78
---
 
  
    Wage expense 
     -  
     -  
     262,037  
     -  
     262,037 
  
    Service costs - ETH staking 
     -  
     -  
     -  
     175,348  
     175,348 
  
    Other
    segment items (b) 
     1,803,789  
     2,019,607  
     357,544  
     -  
     4,180,940 

    Segment
    gross profit 
    $4,592,337  
    $30,676,831  
    $3,184,864  
    $3,619,159  
    $42,073,191 

(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.

Nine
Months Ended September 30, 2024

    Digital asset
    mining  
    Cloud
    services  
    ETH
    staking  
    Total 
  
    Revenue from external customers 
    $48,081,874  
    $32,718,083  
    $1,146,562  
    $81,946,519 

    Reconciliation of revenue 

    Other revenue (a) 

     322,396 
  
    Total consolidated revenue 

     82,268,915 

    Less: 

    Electricity costs 
     23,773,620  
     436,621  
     -  
     24,210,241 
  
    Profit sharing fees 
     7,879,937  
     -  
     -  
     7,879,937 
  
    Data center lease expense 
     -  
     2,327,868  
     -  
     2,327,868 
  
    GPU lease expense 
     -  
     9,786,992  
     -  
     9,786,992 
  
    Service costs - ETH staking 
     -  
     -  
     39,825  
     39,825 
  
    Other
    segment items (b)