Growth Metrics

Bit Digital (BTBT) Asset Writedowns and Impairment (2021 - 2023)

Historic Asset Writedowns and Impairment for Bit Digital (BTBT) over the last 3 years, with Q3 2023 value amounting to -$2.1 million.

  • Bit Digital's Asset Writedowns and Impairment rose 2101.78% to -$2.1 million in Q3 2023 from the same period last year, while for Sep 2023 it was $28.1 million, marking a year-over-year increase of 32311.55%. This contributed to the annual value of $50.0 million for FY2022, which is N/A changed from last year.
  • As of Q3 2023, Bit Digital's Asset Writedowns and Impairment stood at -$2.1 million, which was up 2101.78% from -$1.4 million recorded in Q2 2023.
  • Bit Digital's 5-year Asset Writedowns and Impairment high stood at $29.3 million for Q4 2022, and its period low was -$13.4 million during Q2 2022.
  • Its 3-year average for Asset Writedowns and Impairment is $2.9 million, with a median of -$1.4 million in 2023.
  • In the last 5 years, Bit Digital's Asset Writedowns and Impairment crashed by 11502.58% in 2022 and then soared by 8988.86% in 2023.
  • Over the past 3 years, Bit Digital's Asset Writedowns and Impairment (Quarter) stood at $18.1 million in 2021, then skyrocketed by 62.14% to $29.3 million in 2022, then plummeted by 107.32% 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.