v3.26.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 83,555 $ 118,356
Restricted cash 4,313 3,857
Accounts receivable, net 23,243 23,922
USDC 408 484
Net investment in lease – current, net 2,573 4,261
Loans receivable 400 400
Digital asset collateral receivable 105,616
Other current assets, net 25,343 26,735
Total Current Assets 245,451 178,015
Non-Current Assets    
Deposits for property, plant, and equipment 33,500 52,838
Property, plant, and equipment, net 667,574 360,243
Goodwill 19,402 20,146
Digital assets 120,149 415,734
Digital intangible assets 27,600
Intangible assets, net 12,001 12,821
Operating lease right of use assets, net 16,925 12,053
Finance lease right of use assets, net 12,602
Net investment in lease - non-current, net 8,375 9,687
Investment securities 47,890 69,121
Deferred tax assets 7,564 2,578
Other non-current assets, net 29,463 28,580
Total Non-Current Assets 990,443 996,403
Total Assets 1,235,894 1,174,418
Current Liabilities    
Accounts payable 14,319 8,875
Current portion of deferred revenue 17,909 7,997
Current portion of operating lease liabilities 5,455 5,549
Current portion of finance lease liabilities 12,911
Short-term debt and current portion of loan payable, net 78,436
Income tax payable 367 1,547
Other payables and accrued liabilities 46,019 56,067
Total Current Liabilities 162,505 92,946
Non-Current Liabilities    
Non-current portion of deferred revenue 125,201 71,554
Non-current portion of operating lease liabilities 10,232 5,415
Long-term debt, net 25,464
Convertible notes payable, net 336,155 110,291
Derivative liability 23,975 19,260
Deferred tax liabilities 13,951 9,691
Other long-term liabilities 6,279
Total Non-Current Liabilities 541,257 216,211
Total Liabilities 703,762 309,157
Commitments and Contingencies – Note 22
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 June 30, 2026 and December 31, 2025, respectively 9,050 9,050
Ordinary shares, $0.01 par value, 1,000,000,000 and 1,000,000,000 shares authorized, 354,929,291 and 324,322,214 shares issued, 354,799,305 and 324,192,228 shares outstanding as of June 30, 2026 and December 31, 2025, respectively 3,549 3,243
Treasury stock, at cost, 129,986 and 129,986 shares as of June 30, 2026 and December 31, 2025, respectively (1,172) (1,172)
Additional paid-in capital 818,218 890,068
Accumulated deficit (433,206) (178,526)
Accumulated other comprehensive (loss) income (1,276) 1,331
Total Bit Digital Shareholders’ Equity 395,163 723,994
Non-controlling Interests 136,969 141,267
Total Equity 532,132 865,261
Total Liabilities and Equity $ 1,235,894 $ 1,174,418