BTC Digital (BTCT) Asset Utilization Ratio (2020 - 2024)
BTC Digital's (BTCT) quarterly Asset Utilization Ratio came in at 0.35 in Q4 2024, up 3.4% quarter-over-quarter from 0.34 in Q3 2024.
Powered by 
Analysis
BTC Digital (BTCT) Asset Utilization Ratio (2020 - 2024) Analysis & Trends
BTC Digital (BTCT) has reported Asset Utilization Ratio for 3 consecutive years, with 0.35 the latest figure, recorded in Q4 2024.
- For the quarter ending Q4 2024, Asset Utilization Ratio changed N/A year-over-year to 0.35; the trailing twelve-month figure through Dec 2024 stood at 0.35 (changed N/A YoY), and the FY2025 full-year result was 0.35, down 2.56% from the prior year.
- Asset Utilization Ratio climbed to 0.35 in Q4 2024 per BTCT's latest filing, from 0.34 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.96 in Q1 2020 and bottomed at 0.27 in Q2 2024.
- Historically, Asset Utilization Ratio has averaged 0.58 across 3 years, with a median of 0.57 in 2021.
- The widest YoY moves for Asset Utilization Ratio: up 16.05% in 2021, down 27.28% in 2021.
- Over 3 years, Asset Utilization Ratio stood at 0.87 in 2020, then retreated by 16.05% to 0.73 in 2021, then tumbled by 51.96% to 0.35 in 2024.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.35, 0.34, and 0.27 for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.68 Bn | 56.34 Bn | 40.81 Mn | 0.01 |
| 2 | Iren | 35.52 Bn | 27.95 Bn | 103.89 Mn | 0.06 |
| 3 | Hut 8 | 12.16 Bn | 5.68 Bn | 48.04 Mn | 0.05 |
| 4 | Riot Platforms | 8.98 Bn | 8.43 Bn | 84.97 Mn | 0.20 |
| 5 | Argo Blockchain | 5.95 Bn | 5.95 Bn | - | - |
| 6 | MARA Holdings | 5.06 Bn | 4.70 Bn | - | 0.17 |
| 7 | Cleanspark | 3.72 Bn | 3.51 Bn | - | - |
| 8 | Bitdeer Technologies | 3.06 Bn | 2.59 Bn | -8.53 Mn | 0.25 |
| 9 | Keel Infrastructure | 2.47 Bn | 2.47 Bn | -86.75 Mn | 0.17 |
| 10 | BTC Digital | 12.28 Mn | 8.53 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 0.35 |
| Sep 30, 2024 | 0.34 |
| Jun 30, 2024 | 0.27 |
| Mar 31, 2024 | 0.44 |
| Jun 30, 2021 | 0.73 |
| Mar 31, 2021 | 0.69 |
| Jun 30, 2020 | 0.87 |
| Mar 31, 2020 | 0.96 |
API Access
BTC Digital Asset Utilization Ratio 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=asset-utilization-ratio&ticker=BTCT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "BTCT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=BTCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();