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Bit Digital (BTBT) Revenue & Revenue Breakdown

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Bit Digital Revenue Highlights

Latest Revenue (Y)

$108.05M

Latest Revenue (Q)

$30.29M

Main Segment (Y)

Other Member

Bit Digital Revenue by Period

Bit Digital Revenue by Year

DateRevenueChange
2024-12-31$108.05M140.56%
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$3.71M100.00%
2015-12-31--

Bit Digital generated $108.05M in revenue during NA 2024, up 140.56% compared to the previous quarter, and up 2355.05% 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 Revenue Breakdown

Bit Digital Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24
Other Member$550.26K

Bit Digital's latest annual revenue breakdown by segment (product or service), as of Dec 24: Other Member (100.00%).

Bit Digital Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
MARAMarathon Digital$656.38M$131.65M
CLSKCleanSpark$378.97M$162.31M
RIOTRiot Blockchain$376.66M$84.80M
BITFBitfarms$149.05M$50.09M
BTBTBit Digital$108.05M$30.29M
HIVEHIVE Blockchain$106.32M$37.07M
HUTHut 8$81.80M$48.18M
WULFTeraWulf$69.23M$27.06M

BTBT Revenue FAQ

What is Bit Digital’s yearly revenue?

Bit Digital's yearly revenue for 2024 was $108.05M, representing an increase of 140.56% compared to 2023. The company's yearly revenue for 2023 was $44.92M, representing an increase of 39.07% compared to 2022. BTBT's yearly revenue for 2022 was $32.3M, representing a decrease of -66.39% compared to 2021.

What is Bit Digital’s quarterly revenue?

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).

What is Bit Digital’s revenue growth rate?

Bit Digital's revenue growth rate for the last 3 years (2022-2024) was 234.56%, and for the last 5 years (2020-2024) was 412.94%.

What are Bit Digital’s revenue streams?

Bit Digital's revenue streams in c 24 are Other Member

What is Bit Digital’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Bit Digital was Other Member. This segment made a revenue of $550.26K, representing 100.00% of the company's total revenue.