Growth Metrics

BTC Digital (BTCT) Cost of Revenue: 2023-2024

Historic Cost of Revenue for BTC Digital (BTCT) over the last 2 years, with Dec 2024 value amounting to $3.4 million.

  • BTC Digital's Cost of Revenue rose 139.43% to $3.4 million in Q4 2024 from the same period last year, while for Dec 2024 it was $11.6 million, marking a year-over-year increase of 13.24%. This contributed to the annual value of $11.6 million for FY2024, which is 13.24% up from last year.
  • Latest data reveals that BTC Digital reported Cost of Revenue of $3.4 million as of Q4 2024, which was up 21.24% from $2.8 million recorded in Q3 2024.
  • BTC Digital's Cost of Revenue's 5-year high stood at $6.1 million during Q2 2023, with a 5-year trough of $1.2 million in Q1 2023.
  • Over the past 2 years, BTC Digital's median Cost of Revenue value was $2.7 million (recorded in 2024), while the average stood at $2.7 million.
  • The largest annual percentage gain for BTC Digital's Cost of Revenue in the last 5 years was 139.43% (2024), contrasted with its biggest fall of 58.61% (2024).
  • BTC Digital's Cost of Revenue (Quarterly) stood at $1.4 million in 2023, then surged by 139.43% to $3.4 million in 2024.
  • Its Cost of Revenue stands at $3.4 million for Q4 2024, versus $2.8 million for Q3 2024 and $2.5 million for Q2 2024.