Company: BTBT
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110383
Chunk: 77

Company: Bit Digital, Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 77
---
 lease expense 
     -  
     1,021,758  
     -  
     1,021,758 
  
    GPU lease expense 
     -  
     3,874,752  
     -  
     3,874,752 
  
    Service costs - ETH staking 
     -  
     -  
     11,607  
     11,607 
  
    Other
    segment items (b) 
     586,619  
     352,957  
     -  
     939,576 

    Segment
    gross profit 
    $112,190  
    $6,691,635  
    $435,397  
    $7,239,222 

(a)Other revenue is primarily attributable to Equipment Leasing revenue and is therefore not included in the total for segment gross profit.

(b)All amounts included within Other segment items are individually insignificant.

38

Nine
Months Ended September 30, 2025

    Digital asset
    mining  
    Cloud
    services  
    Colocation
    services  
    ETH
    staking  
    Total 
  
    Revenue from external customers 
    $21,824,503  
    $49,470,499  
    $5,059,693  
    $3,794,507  
    $80,149,202 

    Reconciliation of revenue 

    Other revenue (a) 

     1,073,085 
  
    Total consolidated revenue 

     81,222,287 

    Less: 

    Electricity costs 
     12,192,989  
     1,802,691  
     781,857  
     -  
     14,777,537 
  
    Profit sharing fees 
     3,235,388  
     -  
     -  
     -  
     3,235,388 
  
    Data center lease expense 
     -  
     4,020,206  
     473,391  
     -  
     4,493,597 
  
    GPU lease expense 
     -  
     10,951,164  
     -  
     -  
     10,951,164