Company: BTBT
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001013762-25-000307
Chunk: 1868

Company: Bit Digital, Inc
Filing Date: 2025-03-14
Form: 10-K
Item: Item 6
Chunk 1868
---
 (29,505,783) 
     (12,801,229)
  
    Cloud services 
     (19,508,252) 
     -  
     (19,508,252)
  
    Colocation services 
     (490,501) 
     -  
     (490,501)
  
    ETH staking 
     (72,067) 
     (50,802) 
     (21,265)
  
    Depreciation and amortization expenses 
     (32,311,056) 
     (14,426,733) 
     (17,884,323)
  
    General and administrative expenses 
     (41,508,279) 
     (27,668,592) 
     (13,839,687)
  
    Gains on digital assets 
     55,709,711  
     -  
     55,709,711 
  
    Realized gain on exchange of digital assets 
     -  
     18,789,998  
     (18,789,998)
  
    Impairment of digital assets 
     -  
     (6,632,437) 
     6,632,437 
  
    Loss on write-off of deposit to hosting facility 
     -  
     (2,041,491) 
     2,041,491 
  
    Total operating expenses 
     (80,487,456) 
     (61,535,840) 
     (18,951,616)

    (Loss) income from operations 
     27,563,264  
     (16,619,709) 
     44,182,973 

    Net loss from disposal of property and equipment 
     (859,083) 
     (165,160) 
     (693,923)
  
    Gain from sale of investment security 
     -  
     8,220  
     (8,220)
  
    Other income, net 
     5,579,796  
     3,162,412  
     2,417,384 
  
    Total other income (expense), net 
     4,720,713  
     3,005,472  
     1,715,241 

    Income