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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 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 $65.0 million, marking a year-over-year increase of 41395.7%. This contributed to the annual value of $50.0 million for FY2022, which is N/A changed from last year.
  • Latest data reveals that Bit Digital reported Asset Writedowns and Impairment of -$2.1 million as of Q3 2023, which was up 2101.78% from -$1.4 million recorded in Q2 2023.
  • Over the past 5 years, Bit Digital's Asset Writedowns and Impairment peaked at $70.7 million during Q4 2022, and registered a low of -$13.4 million during Q2 2022.
  • For the 3-year period, Bit Digital's Asset Writedowns and Impairment averaged around $4.4 million, with its median value being -$2.5 million (2022).
  • Its Asset Writedowns and Impairment has fluctuated over the past 5 years, first tumbled by 4775.45% in 2022, then skyrocketed by 8988.86% in 2023.
  • Bit Digital's Asset Writedowns and Impairment (Quarter) stood at -$9.0 million in 2021, then skyrocketed by 882.17% to $70.7 million in 2022, then plummeted by 103.03% to -$2.1 million in 2023.
  • Its Asset Writedowns and Impairment was -$2.1 million in Q3 2023, compared to -$1.4 million in Q2 2023 and -$2.2 million in Q1 2023.