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

BTC Digital (BTCT) has 6 years of Cost of Revenue data on file, last reported at $3.4 million in Q4 2024.

• Quarterly Cost of Revenue rose 139.43% year-over-year to $3.4 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $11.6 million (up 13.24% YoY) and the FY2025 annual result came in at $17.2 million, up 48.79% from the prior year.
• Cost of Revenue rose to $3.4 million in Q4 2024, from $2.8 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $39.9 million in Q3 2020 to a low of $1.2 million in Q1 2023.
• A 4-year average of $12.8 million and a median of $6.1 million in 2023 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2020 — Cost of Revenue sank 78.25% — and 2024, when it surged 139.43%.
• Tracing BTCT's Cost of Revenue over 4 years: stood at $23.3 million in 2020, then dropped by 7.9% to $21.5 million in 2021, then plunged by 93.35% to $1.4 million in 2023, then surged by 139.43% to $3.4 million in 2024.
• The last three Cost of Revenue figures came in at $3.4 million (Q4 2024), $2.8 million (Q3 2024), and $2.5 million (Q2 2024), per Business Quant data.