Company: BTBT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076608
Chunk: 95

Company: Bit Digital, Inc
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 95
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-  
     1,729,004 
  
    ETH staking 
     365,332  
     373,812  
     (8,480)
  
    Other 
     337,930  
     92,504  
     245,426 
  
    Total revenues 
     25,659,419  
     29,043,406  
     (3,383,987)

    Operating costs and expenses 

    Cost of revenue (exclusive of depreciation shown below) 

    Digital asset mining 
     (6,075,585) 
     (10,537,841) 
     4,462,256 
  
    Cloud services 
     (6,391,120) 
     (4,595,301) 
     (1,795,819)
  
    Colocation services 
     (687,880) 
     -  
     (687,880)
  
    ETH staking 
     (29,633) 
     (24,456) 
     (5,177)
  
    Depreciation and amortization expenses 
     (8,223,538) 
     (8,346,633) 
     123,095 
  
    General and administrative expenses 
     (19,667,364) 
     (5,480,519) 
     (14,186,845)
  
    Gains (losses) on digital assets 
     27,154,706  
     (11,538,949) 
     38,693,655 
  
    Total operating expenses 
     (13,920,414) 
     (40,523,699) 
     26,603,285 

    Income (loss) from operations 
     11,739,005  
     (11,480,293) 
     23,219,298 

    Other income, net 
     4,726,754  
     68,974  
     4,657,780 
  
    Total other income, net 
     4,726,754  
     68,974  
     4,657,780 

    Income (loss) before income taxes 
     16,465,759  
     (11,411,319) 
     27