BTCT
BTC Digital Ltd.
NASDAQ: BTCT · TECHNOLOGY · COMPUTER HARDWARE
$1.20
-4.76% today
Updated 2026-04-29
Market cap
$12.66M
P/E ratio
—
P/S ratio
1.02x
EPS (TTM)
$-0.78
Dividend yield
—
52W range
$1 – $5
Volume
0.1M
BTC Digital Ltd. (BTCT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.15B | $1.42B | $1.45B | $897.03M | $729.00M | $81.60M | $9.07M | $11.68M |
| Revenue growth (YoY) | — | +23.9% | +1.7% | -38.0% | -18.7% | -88.8% | -88.9% | +28.7% |
| Cost of revenue | $467.97M | $628.00M | $755.36M | $607.08M | $483.70M | $69.41M | $10.21M | $11.56M |
| Gross profit | $681.75M | $796.24M | $692.54M | $289.96M | $245.29M | $12.19M | $-1.14M | $115000.00 |
| Gross margin | 59.3% | 55.9% | 47.8% | 32.3% | 33.6% | 14.9% | -12.5% | 1.0% |
| R&D | $21.22M | $26.18M | $32.33M | $4.88M | $2.89M | — | — | — |
| SG&A | $237.51M | $293.16M | $449.90M | $348.44M | $341.45M | $4.97M | $1.12M | $2.44M |
| Operating income | $49.96M | $51.69M | $-227.68M | $-8.16M | $-6.76M | $7.22M | $-2.48M | $-2.68M |
| Operating margin | 4.3% | 3.6% | -15.7% | -0.9% | -0.9% | 8.9% | -27.3% | -22.9% |
| EBITDA | $14.81M | $17.86M | $162.84M | $25.96M | $15.41M | $6.51M | $390000.00 | $1.74M |
| EBITDA margin | 1.3% | 1.3% | 11.2% | 2.9% | 2.1% | 8.0% | 4.3% | 14.9% |
| EBIT | $-21.96M | $-37.09M | $-30.44M | $-1.80M | $-1.90M | $987000.00 | $-2.76M | $-1.94M |
| Interest expense | $9000.00 | $8000.00 | $2.45M | $6.10M | $377000.00 | $20000.00 | $63000.00 | $48000.00 |
| Income tax | $19.54M | $14.45M | $9.61M | $5.80M | $-20.24M | $-45.92M | $-252000.00 | — |
| Effective tax rate | 32.5% | 20.2% | -4.6% | -1.4% | 5.0% | -647.9% | 8.2% | 0.0% |
| Net income | $40.56M | $57.25M | $-219.40M | $-410.99M | $-384.30M | $53.01M | $-2.82M | $-1.99M |
| Net income growth (YoY) | — | +41.2% | -483.2% | -87.3% | +6.5% | +113.8% | -105.3% | +29.6% |
| Profit margin | 3.5% | 4.0% | -15.2% | -45.8% | -52.7% | 65.0% | -31.1% | -17.0% |