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Bit Digital (BTBT) Asset Writedowns and Impairment: 2022-2023

Historic Asset Writedowns and Impairment for Bit Digital (BTBT) over the last 2 years, with Sep 2023 value amounting to -$2.1 million.

  • Bit Digital's Asset Writedowns and Impairment rose 21.02% to -$2.1 million in Q3 2023 from the same period last year, while for Sep 2023 it was $65.0 million, marking a year-over-year change of. This contributed to the annual value of $50.0 million for FY2022, which is N/A change from last year.
  • As of Q3 2023, Bit Digital's Asset Writedowns and Impairment stood at -$2.1 million, which was down 58.87% from -$1.4 million recorded in Q2 2023.
  • Bit Digital's 5-year Asset Writedowns and Impairment high stood at $70.7 million for Q4 2022, and its period low was -$13.4 million during Q2 2022.
  • Moreover, its 2-year median value for Asset Writedowns and Impairment was -$2.2 million (2023), whereas its average is $6.3 million.
  • Data for Bit Digital's Asset Writedowns and Impairment shows a peak YoY surged of 89.89% (in 2023) over the last 5 years.
  • Bit Digital's Asset Writedowns and Impairment (Quarterly) stood at $70.7 million in 2022, then increased by 21.02% to -$2.1 million in 2023.
  • Its Asset Writedowns and Impairment stands at -$2.1 million for Q3 2023, versus -$1.4 million for Q2 2023 and -$2.2 million for Q1 2023.