Bit Digital (BTBT) Revenue & Revenue Breakdown


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Bit Digital Revenue Highlights


Latest Revenue (Y)

$44.92M

Latest Revenue (Q)

$30.29M

Bit Digital Revenue by Period


Bit Digital Revenue by Year

DateRevenueChange
2023-12-31$44.92M39.07%
2022-12-31$32.30M-66.39%
2021-12-31$96.08M356.10%
2020-12-31$21.07M359.13%
2019-12-31$4.59M-41.84%
2018-12-31$7.89M13.45%
2017-12-31$6.95M87.65%
2016-12-31$3.71M-

Bit Digital generated $44.92M in revenue during NA 2023, up 39.07% compared to the previous quarter, and up 569.34% compared to the same period a year ago.

Bit Digital Revenue by Quarter

DateRevenueChange
2024-03-31$30.29M88.66%
2023-12-31$16.05M38.87%
2023-09-30$11.56M-14.25%
2023-06-30$13.48M63.11%
2023-03-31$8.26M6.28%
2022-12-31$7.78M-14.83%
2022-09-30$9.13M33.98%
2022-06-30$6.82M-20.51%
2022-03-31$8.57M-35.95%
2021-12-31$13.39M28.77%
2021-09-30$10.40M-63.32%
2021-06-30$28.34M-35.52%
2021-03-31$43.95M252.67%
2020-12-31$12.46M57.57%
2020-09-30$7.91M1072.71%
2020-06-30$674.47K3599.56%
2020-03-31$18.23K-99.60%
2019-12-31$4.57M100.00%
2019-09-30--

Bit Digital generated $30.29M in revenue during Q1 2024, up 88.66% compared to the previous quarter, and up 389.45% compared to the same period a year ago.

Bit Digital Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
MARAMarathon Digital$387.51M$145.14M
RIOTRiot Blockchain$280.68M$70.02M
CLSKCleanSpark$168.41M$104.11M
HUTHut 8 Mining$150.68M$22.24M
BITFBitfarms$149.05M$50.09M
HIVEHIVE Blockchain$106.32M$37.07M
WULFTeraWulf$69.23M$35.57M
BTBTBit Digital$44.92M$30.29M

BTBT Revenue FAQ


Bit Digital's yearly revenue for 2023 was $44.92M, representing an increase of 39.07% compared to 2022. The company's yearly revenue for 2022 was $32.3M, representing a decrease of -66.39% compared to 2021. BTBT's yearly revenue for 2021 was $96.08M, representing an increase of 356.10% compared to 2020.

Bit Digital's quarterly revenue for Q1 2024 was $30.29M, a 88.66% increase from the previous quarter (Q4 2023), and a 266.45% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $16.05M, a 38.87% increase from the previous quarter (Q3 2023), and a 106.43% increase year-over-year (Q4 2022). BTBT's quarterly revenue for Q3 2023 was $11.56M, a -14.25% decrease from the previous quarter (Q2 2023), and a 26.60% increase year-over-year (Q3 2022).

Bit Digital's revenue growth rate for the last 3 years (2021-2023) was -53.25%, and for the last 5 years (2019-2023) was 878.98%.