Bit Digital Inc
Bit Digital, Inc., together with its subsidiaries, engages in the institutional grade ethereum treasury and staking business. It also designs and operates data centers and cloud solutions for AI training and inference workloads supported by renewable energy in Canada and Iceland. Additionally, it engages in the creation, installation, acquisition, and operation of various companies. The company w… Read more
Bit Digital Inc (BTBT) - Total Assets
Latest total assets as of September 2025: $1.13 Billion USD
Based on the latest financial reports, Bit Digital Inc (BTBT) holds total assets worth $1.13 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Bit Digital Inc - Total Assets Trend (2015–2024)
This chart illustrates how Bit Digital Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Bit Digital Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Bit Digital Inc's total assets of $1.13 Billion consist of 55.2% current assets and 44.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 17.7% |
| Accounts Receivable | $27.10 Million | 5.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $13.03 Million | 2.4% |
| Goodwill | $19.38 Million | 3.6% |
Asset Composition Trend (2015–2024)
This chart illustrates how Bit Digital Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Bit Digital Inc's current assets represent 55.2% of total assets in 2024, a decrease from 87.0% in 2015.
- Cash Position: Cash and equivalents constituted 17.7% of total assets in 2024, down from 76.7% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 5.0% of total assets.
Bit Digital Inc Competitors by Total Assets
Key competitors of Bit Digital Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Value Capital One Ltd
TA:PLTF
|
Israel | ILA42.86 Million |
|
Shenwan Hongyuan Group Co Ltd
SHE:000166
|
China | CN¥721.97 Billion |
|
Northeast Securities Co Ltd
SHE:000686
|
China | CN¥110.06 Billion |
|
Guangdong Golden Dragon Development Inc
SHE:000712
|
China | CN¥22.93 Billion |
|
Sealand Securities Co Ltd
SHE:000750
|
China | CN¥74.96 Billion |
|
GF Securities Co Ltd
SHE:000776
|
China | CN¥953.44 Billion |
|
Changjiang Securities Co Ltd
SHE:000783
|
China | CN¥191.54 Billion |
|
Eugene Inv&Sec
KO:001200
|
Korea | ₩10.26 Trillion |
Bit Digital Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Bit Digital Inc generates 0.30x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Bit Digital Inc generates $5.26 in net profit.
Bit Digital Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 17.53 | 5.27 | 4.60 |
| Quick Ratio | 17.53 | 5.27 | 3.60 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $634.28 Million | $ 209.47 Million | $ 6.83 Million |
Bit Digital Inc - Advanced Valuation Insights
This section examines the relationship between Bit Digital Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.59 |
| Latest Market Cap to Assets Ratio | 0.96 |
| Asset Growth Rate (YoY) | 184.3% |
| Total Assets | $538.25 Million |
| Market Capitalization | $515.64 Million USD |
Valuation Analysis
Near Book Valuation: The market values Bit Digital Inc's assets close to their book value ( 0.96x), suggesting investors view the company's assets at approximately fair value.
Rapid Asset Growth: Bit Digital Inc's assets grew by 184.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Bit Digital Inc (2015–2024)
The table below shows the annual total assets of Bit Digital Inc from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $538.25 Million | +184.29% |
| 2023-12-31 | $189.33 Million | +88.54% |
| 2022-12-31 | $100.42 Million | -44.19% |
| 2021-12-31 | $179.92 Million | +351.00% |
| 2020-12-31 | $39.89 Million | +507.44% |
| 2019-12-31 | $6.57 Million | -47.38% |
| 2018-12-31 | $12.48 Million | -3.35% |
| 2017-12-31 | $12.91 Million | +41.89% |
| 2016-12-31 | $9.10 Million | +934.34% |
| 2015-12-31 | $879.99K | -- |