Bit Digital (BTBT) Beginning Cash Balance: 2019-2024
- Bit Digital's Beginning Cash Balance fell 46.54% to $18.2 million in Q1 2024 from the same period last year, while for Mar 2024 it was $94.2 million, marking a year-over-year increase of 23.26%. This contributed to the annual value of $42.4 million for FY2022, which is 353221.07% up from last year.
- Per Bit Digital's latest filing, its Beginning Cash Balance stood at $18.2 million for Q1 2024, which was down 46.54% from $34.0 million recorded in Q1 2023.
- Bit Digital's 5-year Beginning Cash Balance high stood at $42.4 million for Q1 2022, and its period low was -$393,133 during Q2 2021.
- For the 3-year period, Bit Digital's Beginning Cash Balance averaged around $31.5 million, with its median value being $34.0 million (2023).
- In the last 5 years, Bit Digital's Beginning Cash Balance tumbled by 99.29% in 2020 and then spiked by 10,365.34% in 2022.
- Over the past 5 years, Bit Digital's Beginning Cash Balance (Quarterly) stood at $14,662 in 2020, then plummeted by 34.23% to -$393,133 in 2021, then soared by 10,365.34% to $42.4 million in 2022, then decreased by 19.78% to $34.0 million in 2023, then tumbled by 46.54% to $18.2 million in 2024.
- Its Beginning Cash Balance was $18.2 million in Q1 2024, compared to $34.0 million in Q1 2023 and $42.4 million in Q1 2022.