Bit Digital (BTBT) Asset Utilization Ratio (2021 - 2026)
Bit Digital's (BTBT) Asset Utilization Ratio was 0.10 for Q2 2026, down 38.2% from 0.16 a year earlier but up 2.9% from the prior quarter.
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Analysis
Bit Digital (BTBT) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Bit Digital was 0.13, down 55.4% from FY2024.
- By year, Asset Utilization Ratio came in at 0.30 in FY2024 (-4.2%), 0.31 in FY2023 (+31.6%), 0.24 in FY2022 (-73.8%) and 0.90 in FY2021 (-5.2%).
- Five-year quarterly Asset Utilization Ratio spans a low of -0.06 in Q3 2022 and a high of 0.50 in Q4 2021.
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.10 (Q1 2026), 0.10 (Q4 2025) and 0.12 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.12 Bn | 6.93 Bn | - | 0.23 |
| 2 | PayPal Holdings | 46.45 Bn | 4.68 Bn | - | 0.42 |
| 3 | Block | 44.49 Bn | 15.75 Bn | 3.17 Bn | 0.63 |
| 4 | Iren | 31.49 Bn | 19.08 Bn | 103.89 Mn | 0.06 |
| 5 | Corpay | 25.78 Bn | 15.98 Bn | - | 0.18 |
| 6 | Fiserv | 24.12 Bn | 20.82 Bn | 2.90 Bn | 0.26 |
| 7 | Global Payments | 22.15 Bn | 588.57 Mn | 2.03 Bn | 0.16 |
| 8 | Bitmine Immersion Technologies | 15.50 Bn | 12.88 Bn | 40.81 Mn | 0.01 |
| 9 | Guidewire Software | 11.68 Bn | 8.25 Bn | 269.68 Mn | 0.58 |
| 10 | Bit Digital | 585.42 Mn | 253.66 Mn | 18.58 Mn | 0.10 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.10 |
| Mar 31, 2026 | 0.10 |
| Dec 31, 2025 | 0.10 |
| Sep 30, 2025 | 0.12 |
| Jun 30, 2025 | 0.16 |
| Mar 31, 2025 | 0.20 |
| Dec 31, 2022 | 0.15 |
| Sep 30, 2022 | -0.06 |
| Jun 30, 2022 | -0.05 |
| Mar 31, 2022 | 0.10 |
| Dec 31, 2021 | 0.50 |
API Access
Bit Digital Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=BTBT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "BTBT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=BTBT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();