v3.26.3
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 143,470 $ 118,356
Restricted cash 9,012 3,857
Accounts receivable, net 39,794 23,922
USDC 359 484
Net investment in lease – current, net 2,644 4,261
Loans receivable 400 400
Digital asset collateral receivable 37,103
Other current assets, net 28,606 26,735
Total Current Assets 261,388 178,015
Non-Current Assets    
Deposits for property, plant, and equipment 158,537 52,838
Property, plant, and equipment, net 760,232 360,243
Goodwill 19,474 20,146
Digital assets 200,534 415,734
Digital intangible assets 98,276
Intangible assets, net 11,872 12,821
Operating lease right-of-use assets, net 68,647 12,053
Finance lease right-of-use assets, net 12,602
Net investment in lease - non-current, net 7,706 9,687
Investment securities 80,664 69,121
Deferred tax assets 10,263 2,578
Other non-current assets, net 40,500 28,580
Total Non-Current Assets 1,456,705 996,403
Total Assets 1,718,093 1,174,418
Current Liabilities    
Accounts payable 8,862 8,875
Current portion of deferred revenue 54,636 7,997
Current portion of operating lease liabilities 13,179 5,549
Current portion of finance lease liabilities 12,911
Short-term debt and current portion of long-term debt, net 41,873
Income tax payable 1,547
Other payables and accrued liabilities 73,877 56,067
Total Current Liabilities 192,427 92,946
Non-Current Liabilities    
Non-current portion of deferred revenue 251,398 71,554
Non-current portion of operating lease liabilities 56,297 5,415
Long-term debt, net 30,683
Convertible notes payable, net 445,330 110,291
Derivative liability 13,239 19,260
Deferred tax liabilities 17,698 9,691
Other long-term liabilities 6,279
Total Non-Current Liabilities 820,924 216,211
Total Liabilities 1,013,351 309,157
Commitments and Contingencies – Note 21
Bit Digital Shareholders’ Equity    
Preference shares, $0.01 par value, 10,000,000 and 10,000,000 shares authorized, 2,000,000 and 1,000,000 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively 11,050 9,050
Ordinary shares, $0.01 par value, 1,000,000,000 and 1,000,000,000 shares authorized, 360,974,908 and 324,322,214 shares issued, 360,844,922 and 324,192,228 shares outstanding as of September 30, 2026 and December 31, 2025, respectively 3,610 3,243
Treasury stock, at cost, 129,986 and 129,986 shares as of September 30, 2026 and December 31, 2025, respectively (1,172) (1,172)
Additional paid-in capital 930,218 890,068
Accumulated deficit (404,707) (178,526)
Accumulated other comprehensive (loss) income (419) 1,331
Total Bit Digital shareholders’ equity 538,580 723,994
Non-controlling Interests 166,162 141,267
Total Equity 704,742 865,261
Total Liabilities and Equity $ 1,718,093 $ 1,174,418