Btcs (BTCS) Asset Writedowns and Impairment (2014 - 2023)
Btcs' (BTCS) quarterly Asset Writedowns and Impairment came in at $372441.0 in Q3 2023, up 156.42% on a YoY basis from $145247.0 in Q3 2022, and down 52.53% quarter-over-quarter from $784602.0 in Q2 2023.
Analysis
Btcs (BTCS) Asset Writedowns and Impairment (2014 - 2023) Analysis & Trends
Btcs (BTCS) has reported Asset Writedowns and Impairment for 7 consecutive years, with $372441.0 the latest figure, recorded in Q3 2023.
- For the quarter ending Q3 2023, Asset Writedowns and Impairment rose 156.42% year-over-year to $372441.0; the trailing twelve-month figure through Sep 2023 stood at $2.3 million (down 81.85% YoY), and the FY2022 full-year result was $13.3 million, up 247.09% from the prior year.
- Asset Writedowns and Impairment declined to $372441.0 in Q3 2023 per BTCS's latest filing, from $784602.0 in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $8.9 million in Q2 2022 and bottomed at $3077.0 in Q4 2020.
- Historically, Asset Writedowns and Impairment has averaged $1.4 million across 4 years, with a median of $372441.0 in 2023.
- The sharpest annual moves came in 2021 and 2023: Asset Writedowns and Impairment surged 2113.65% in 2021, then tumbled 97.13% in 2023.
- Over 4 years, Asset Writedowns and Impairment stood at $3077.0 in 2020, then soared by 2113.65% to $68114.0 in 2021, then surged by 1370.19% to $1.0 million in 2022, then sank by 62.81% to $372441.0 in 2023.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $372441.0, $784602.0, and $94907.0 for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 51.24 Bn | 42.45 Bn | 1.16 Bn |
| 2 | Bullish | 5.78 Bn | 5.72 Bn | 15.53 Mn |
| 3 | Cypherpunk Technologies | 663.58 Mn | 663.58 Mn | - |
| 4 | Canton Strategic Holdings | 498.79 Mn | 498.79 Mn | - |
| 5 | Bakkt | 387.06 Mn | 336.37 Mn | 2.21 Mn |
| 6 | Coincheck | 264.39 Mn | 162.79 Mn | 11.20 Mn |
| 7 | Wewards | 214.97 Mn | 214.97 Mn | - |
| 8 | Exodus Movement | 205.10 Mn | -149.98 Mn | - |
| 9 | Usbc | 197.95 Mn | 194.29 Mn | - |
| 10 | Btcs | 79.69 Mn | -1.42 Mn | 1.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 372,441.00 |
| Jun 30, 2023 | 784,602.00 |
| Mar 31, 2023 | 94,907.00 |
| Dec 31, 2022 | 1.00 Mn |
| Sep 30, 2022 | 145,247.00 |
| Jun 30, 2022 | 8.89 Mn |
| Mar 31, 2022 | 3.31 Mn |
| Dec 31, 2021 | 68,114.00 |
| Sep 30, 2021 | 208,647.00 |
| Jun 30, 2021 | 2.27 Mn |
| Mar 31, 2021 | 1.30 Mn |
| Dec 31, 2020 | 3,077.00 |
| Sep 30, 2020 | 29,302.00 |
| Dec 31, 2016 | -4,268.00 |
| Sep 30, 2016 | -2.25 Mn |
| Jun 30, 2016 | 237,000.00 |
| Mar 31, 2016 | 2.25 Mn |
| Mar 31, 2015 | 254,433.00 |
| Dec 31, 2014 | 150,000.00 |