BTC Digital Ltd.
BTC Digital Ltd., a crypto asset technology company, engages in bitcoin mining business in the United States. It is also involved in mining machines resale and rental business. The company was formerly known as Meten Holding Group Ltd. and changed its name to BTC Digital Ltd. in August 2023. The company was founded in 2006 and is headquartered in Singapore.
BTC Digital Ltd. (BTCT) - Total Assets
Latest total assets as of September 2025: $268.34 Million USD
Based on the latest financial reports, BTC Digital Ltd. (BTCT) holds total assets worth $268.34 Million 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.
BTC Digital Ltd. - Total Assets Trend (2018–2024)
This chart illustrates how BTC Digital Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
BTC Digital Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
BTC Digital Ltd.'s total assets of $268.34 Million consist of 59.7% current assets and 40.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 36.2% |
| Accounts Receivable | $5.68 Million | 13.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2024)
This chart illustrates how BTC Digital Ltd.'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: BTC Digital Ltd.'s current assets represent 59.7% of total assets in 2024, an increase from 38.1% in 2018.
- Cash Position: Cash and equivalents constituted 36.2% of total assets in 2024, up from 17.4% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 30.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 13.8% of total assets.
BTC Digital Ltd. Competitors by Total Assets
Key competitors of BTC Digital Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Kaifa Technology Co Ltd
SHE:000021
|
China | CN¥27.56 Billion |
|
China Greatwall Computer Shenzhen Co Ltd
SHE:000066
|
China | CN¥31.88 Billion |
|
TPV Technology Co Ltd
SHE:000727
|
China | CN¥37.34 Billion |
|
Willowglen MSC Bhd
KLSE:0008
|
Malaysia | RM223.47 Million |
|
Inspur Electronic Info Industr
SHE:000977
|
China | CN¥109.33 Billion |
|
JWIPC Technology Co Ltd
SHE:001339
|
China | CN¥5.78 Billion |
|
Shandong Senter Electn Co Ltd
SHE:001388
|
China | CN¥2.09 Billion |
|
Ninestar Corp
SHE:002180
|
China | CN¥17.55 Billion |
BTC Digital Ltd. - 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 - BTC Digital Ltd. generates 0.28x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - BTC Digital Ltd. is currently not profitable relative to its asset base.
BTC Digital Ltd. - 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 | 75.21 | 2.14 | 0.31 |
| Quick Ratio | 75.21 | 2.16 | 0.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $147.26 Million | $ 5.26 Million | $ -841.51 Million |
BTC Digital Ltd. - Advanced Valuation Insights
This section examines the relationship between BTC Digital Ltd.'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 | 0.38 |
| Latest Market Cap to Assets Ratio | 0.24 |
| Asset Growth Rate (YoY) | 67.6% |
| Total Assets | $41.13 Million |
| Market Capitalization | $9.90 Million USD |
Valuation Analysis
Below Book Valuation: The market values BTC Digital Ltd.'s assets below their book value (0.24 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: BTC Digital Ltd.'s assets grew by 67.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for BTC Digital Ltd. (2018–2024)
The table below shows the annual total assets of BTC Digital Ltd. from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $41.13 Million | +67.58% |
| 2023-12-31 | $24.54 Million | -88.27% |
| 2022-12-31 | $209.28 Million | -76.36% |
| 2021-12-31 | $885.37 Million | -19.43% |
| 2020-12-31 | $1.10 Billion | -24.92% |
| 2019-12-31 | $1.46 Billion | +45.38% |
| 2018-12-31 | $1.01 Billion | -- |