v3.26.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 79,529,572 $ 118,356,299
Restricted cash 4,323,022 3,856,819
Accounts receivable, net 91,724,864 23,921,591
USDC 191,024 484,459
Digital assets 294,996,104 415,734,409
Net investment in lease – current, net 3,897,530 4,260,877
Loans receivable 400,000 400,000
Other current assets, net 24,670,479 26,734,984
Total Current Assets 499,732,595 593,749,438
Non-Current Assets    
Deposits for property, plant, and equipment 67,983,795 52,838,419
Property, plant, and equipment, net 451,969,400 360,243,018
Goodwill 19,809,807 20,145,663
Intangible assets, net 12,429,693 12,820,574
Right-of-use assets 30,808,084 24,654,620
Net investment in lease - non-current, net 9,043,622 9,686,949
Investment securities 56,008,172 69,120,771
Deferred tax assets 4,537,209 2,579,034
Other non-current assets, net 28,362,375 28,579,646
Total Non-Current Assets 680,952,157 580,668,694
Total Assets 1,180,684,752 1,174,418,132
Current Liabilities    
Accounts payable 8,798,632 8,874,530
Current portion of deferred revenue 18,730,619 7,997,054
Current portion of lease liabilities 18,375,500 18,460,194
Income tax payable 788,157 1,546,876
Other payables and accrued liabilities 31,853,843 56,067,289
Total Current Liabilities 78,546,751 92,945,943
Non-Current Liabilities    
Non-current portion of deferred revenue 125,776,956 71,554,398
Non-current portion of lease liability 11,307,912 5,415,458
Convertible notes payable, net 334,189,318 110,290,945
Derivative liability 10,008,000 19,260,000
Deferred tax liabilities 12,170,831 9,690,586
Total Non-Current Liabilities 493,453,017 216,211,387
Total Liabilities 571,999,768 309,157,330
Commitments and Contingencies – Note 21
Bit Digital Shareholders’ Equity    
Preferred shares, $0.01 par value, 10,000,000 and 10,000,000 shares authorized, 1,000,000 and 1,000,000 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 9,050,000 9,050,000
Ordinary shares, $0.01 par value, 1,000,000,000 and 1,000,000,000 shares authorized, 331,564,720 and 324,322,214 shares issued, 331,434,734 and 324,192,228 shares outstanding as of March 31, 2026 and December 31, 2025, respectively 3,315,647 3,243,222
Treasury stock, at cost, 129,986 and 129,986 shares as of March 31, 2026 and December 31, 2025, respectively (1,171,679) (1,171,679)
Additional paid-in capital 783,877,580 890,067,907
Accumulated deficit (325,995,279) (178,526,245)
Accumulated other comprehensive income 130,640 1,330,666
Total Bit Digital Shareholders’ Equity 469,206,909 723,993,871
Non-controlling Interests 139,478,075 141,266,931
Total Equity 608,684,984 865,260,802
Total Liabilities and Equity $ 1,180,684,752 $ 1,174,418,132