BTC Digital (BTCT) Cost of Revenue (2018 - 2024)

BTC Digital (BTCT) reported Cost of Revenue of $11.4 million for Q4 2024, up 698.39% on a YoY basis from $1.4 million in Q1 2024, and up 17996.83% quarter-over-quarter from $63000.0 in Q3 2024.

BTC Digital (BTCT) Cost of Revenue (2018 - 2024) Analysis & Trends

BTC Digital has reported Cost of Revenue for 6 years, with the latest figure at $11.4 million in Q4 2024.

  • For the quarter ending Q4 2024, Cost of Revenue rose 698.39% year-over-year to $11.4 million; the trailing twelve-month figure through Dec 2024 stood at $14.3 million (up 374.87% YoY), and the FY2025 full-year result was $585000.0, down 94.94% from the prior year.
  • Cost of Revenue for Q4 2024 stood at $11.4 million, up from $63000.0 in the prior quarter.
  • The five-year high for Cost of Revenue was $19.8 million in Q3 2020, with the low at $61000.0 in Q2 2024.
  • Historically, Cost of Revenue has averaged $7.0 million across 4 years, with a median of $9.7 million in 2020.
  • The largest YoY upside for Cost of Revenue was 2070.31% in 2024 against a maximum downside of 95.45% in 2024.
  • BTC Digital's Cost of Revenue stood at $12.9 million in 2020, then dropped by 7.5% to $11.9 million in 2021, then tumbled by 88.05% to $1.4 million in 2023, then jumped by 698.39% to $11.4 million in 2024.
  • The last three Cost of Revenue figures came in at $11.4 million (Q4 2024), $63000.0 (Q3 2024), and $61000.0 (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn 26.65 Bn
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn 1.29 Bn
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn 141.60 Mn
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn 1.67 Bn
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn 1.66 Bn
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn 9.22 Bn
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn 318.82 Mn
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn 11.39 Bn
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn 49.25 Mn
10 BTC Digital 8.88 Mn 5.09 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 11.40 Mn
Dec 31, 2024 11.40 Mn
Sep 30, 2024 63,000.00
Sep 30, 2024 63,000.00
Jun 30, 2024 61,000.00
Jun 30, 2024 61,000.00
Mar 31, 2024 2.78 Mn
Mar 31, 2024 2.78 Mn
Dec 31, 2023 1.43 Mn
Dec 31, 2023 1.43 Mn
Sep 30, 2023 1.39 Mn
Sep 30, 2023 1.39 Mn
Jun 30, 2023 70,000.00
Jun 30, 2023 70,000.00
Mar 31, 2023 128,000.00
Mar 31, 2023 128,000.00
Jun 30, 2021 11.95 Mn
Jun 30, 2021 11.95 Mn
Mar 31, 2021 10.75 Mn
Mar 31, 2021 10.75 Mn