Bit Digital (BTBT) Depreciation and Depletion (2021 - 2026)
Bit Digital (BTBT) posted Depreciation and Depletion of $9.9 million for Q1 2026, up 39.4% from $7.1 million a year earlier but down 64.5% from the prior quarter.
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Analysis
Bit Digital (BTBT) Depreciation and Depletion (2021 - 2026) Analysis & Trends
For the trailing twelve months through Mar 31, 2026, Depreciation and Depletion at Bit Digital was $38.91 million, up 20.0% year-over-year; for FY2025, it came in at $36.11 million, up 12.3% from FY2024.
- Annual Depreciation and Depletion shows a five-year compound annual growth rate of 61.1% (FY2020 to FY2025).
- In prior years, Bit Digital's Depreciation and Depletion was $32.17 million in FY2024 (+123.0%), $14.43 million in FY2023 (-48.2%), $27.83 million in FY2022 (+112.2%) and $13.11 million in FY2021 (+294.4%).
- Quarterly Depreciation and Depletion has run from a low of -$9.04 million in Q4 2022 to a high of $27.89 million in Q4 2025 over five years.
- On a year-over-year basis, Depreciation and Depletion has increased in each of the last three quarters, with growth averaging 9.9% over the last five quarters.
- The strongest year-over-year quarter for Depreciation and Depletion in the past five years was Q3 2022, with growth of 145.3%; the weakest was Q2 2025, with a decline of 25.1%.
- According to Business Quant data, Depreciation and Depletion for the three prior quarters was $27.89 million (Q4 2025), $9.60 (Q3 2025) and $1.12 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 48.27 Bn | 5.08 Bn | - | - |
| 2 | PayPal Holdings | 45.51 Bn | 3.74 Bn | - | - |
| 3 | Block | 44.67 Bn | 15.93 Bn | 3.17 Bn | - |
| 4 | Iren | 31.78 Bn | 19.37 Bn | 103.89 Mn | - |
| 5 | Corpay | 25.91 Bn | 16.11 Bn | - | 36.72 Mn |
| 6 | Fiserv | 23.59 Bn | 20.29 Bn | 2.90 Bn | - |
| 7 | Global Payments | 20.83 Bn | -735.18 Mn | 2.03 Bn | 126.47 Mn |
| 8 | Bitmine Immersion Technologies | 15.23 Bn | 12.61 Bn | 40.81 Mn | 383,000.00 |
| 9 | Guidewire Software | 12.47 Bn | 9.03 Bn | 269.68 Mn | - |
| 10 | Bit Digital | 578.32 Mn | 246.56 Mn | 18.58 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 9.90 Mn |
| Dec 31, 2025 | 27.89 Mn |
| Sep 30, 2025 | 9.60 |
| Jun 30, 2025 | 1.12 Mn |
| Mar 31, 2025 | 7.10 Mn |
| Dec 31, 2024 | 23.82 Mn |
| Sep 30, 2024 | 8.40 |
| Jun 30, 2024 | 1.50 Mn |
| Mar 31, 2024 | 6.85 Mn |
| Dec 31, 2022 | -9.04 Mn |
| Sep 30, 2022 | 18.62 Mn |
| Jun 30, 2022 | 10.64 Mn |
| Mar 31, 2022 | 7.60 Mn |
| Dec 31, 2021 | -6.48 Mn |
| Sep 30, 2021 | 7.59 Mn |
| Jun 30, 2021 | 4.70 Mn |
| Mar 31, 2021 | 7.30 Mn |
API Access
Bit Digital Depreciation and Depletion 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=depreciation-and-depletion&ticker=BTBT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=BTBT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();