BTC Digital (BTCT) Capital Expenditures (2023 - 2024)
BTC Digital's (BTCT) quarterly Capital Expenditures came in at -$6.8 million in Q4 2024, down 56.63% on a YoY basis from -$15.6 million in Q1 2024, and down 184.11% quarter-over-quarter from $8.1 million in Q3 2024.
BTC Digital (BTCT) Capital Expenditures (2023 - 2024) Analysis & Trends
BTC Digital (BTCT) has reported Capital Expenditures for 2 consecutive years, with -$6.8 million the latest figure, recorded in Q4 2024.
- For the quarter ending Q4 2024, Capital Expenditures fell 56.63% year-over-year to -$6.8 million; the trailing twelve-month figure through Dec 2024 stood at -$2.7 million (down 9.72% YoY), and the FY2025 full-year result was -$8.5 million, down 210.46% from the prior year.
- Capital Expenditures fell to -$6.8 million in Q4 2024 per BTCT's latest filing, from $8.1 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $8.1 million in Q3 2024 and bottomed at -$6.8 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.68 Bn | 56.34 Bn | 40.81 Mn | 2.15 Bn |
| 2 | Iren | 35.52 Bn | 27.95 Bn | 103.89 Mn | 1.33 Bn |
| 3 | Hut 8 | 12.16 Bn | 5.68 Bn | 48.04 Mn | 4.00 Mn |
| 4 | Riot Platforms | 8.98 Bn | 8.43 Bn | 84.97 Mn | 60.73 Mn |
| 5 | Argo Blockchain | 5.95 Bn | 5.95 Bn | - | - |
| 6 | MARA Holdings | 5.06 Bn | 4.70 Bn | - | 14.78 Mn |
| 7 | Cleanspark | 3.72 Bn | 3.51 Bn | - | 6.10 Mn |
| 8 | Bitdeer Technologies | 3.06 Bn | 2.59 Bn | -8.53 Mn | -265.99 Mn |
| 9 | Keel Infrastructure | 2.47 Bn | 2.47 Bn | -86.75 Mn | 43.09 Mn |
| 10 | BTC Digital | 12.28 Mn | 8.53 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -6.78 Mn |
| Sep 30, 2024 | 8.06 Mn |
| Jun 30, 2024 | -4.63 Mn |
| Mar 31, 2024 | 605,000.00 |
| Dec 31, 2023 | -4.33 Mn |
| Jun 30, 2023 | -505,000.00 |
| Mar 31, 2023 | 2.33 Mn |
BTC Digital Capital Expenditures 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=capital-expenditures&ticker=BTCT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=BTCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();