v3.26.1
Unaudited Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues    
Total revenues $ 27,924,756 $ 25,105,120
Cost of revenue (exclusive of depreciation and amortization shown below)    
Depreciation and amortization expenses (10,035,581) (7,241,989)
General and administrative expenses (27,627,296) (8,235,923)
Losses on digital assets (121,070,273) (49,205,227)
Total operating expenses (170,838,049) (77,473,432)
Loss from operations (142,913,293) (52,368,312)
Net gain (loss) from disposal of property, plant and equipment 1,821,729 (333,620)
Change in fair value of derivative liability 9,252,000
Interest expense (5,084,978)
Other expense, net (12,933,246) (4,337,997)
Total other expense, net (6,944,495) (4,671,617)
Loss before income taxes (149,857,788) (57,039,929)
Income tax expenses (421,523) (671,716)
Net loss (150,279,311) (57,711,645)
Net loss attributable to noncontrolling interest (3,610,275)
Net loss attributable to Bit Digital shareholders $ (146,669,036) $ (57,711,645)
Weighted average number of ordinary share outstanding    
Basic (in Shares) 325,638,843 181,413,307
Diluted (in Shares) 325,638,843 181,413,307
Loss per share    
Basic (in Dollars per share) $ (0.45) $ (0.32)
Diluted (in Dollars per share) $ (0.45) $ (0.32)
Digital asset mining    
Revenues    
Total revenues $ 3,704,796 $ 7,776,963
Cost of revenue (exclusive of depreciation and amortization shown below)    
Cost of revenue (3,251,499) (6,123,889)
Cloud services    
Revenues    
Total revenues 16,766,543 14,842,286
Cost of revenue (exclusive of depreciation and amortization shown below)    
Cost of revenue (6,779,283) (6,088,000)
Colocation services    
Revenues    
Total revenues 4,773,550 1,644,663
Cost of revenue (exclusive of depreciation and amortization shown below)    
Cost of revenue (1,952,783) (545,836)
ETH staking    
Revenues    
Total revenues 2,296,509 560,641
Cost of revenue (exclusive of depreciation and amortization shown below)    
Cost of revenue (121,334) (32,568)
Other    
Revenues    
Total revenues $ 383,358 $ 280,567