BTC Digital (BTCT) Enterprise Value (2021 - 2025)
BTC Digital's (BTCT) quarterly Enterprise Value came in at $8.6 million in Q4 2025, up 629.49% on a YoY basis from $1.2 million in Q4 2024, and up 365.43% quarter-over-quarter from $1.9 million in Q2 2025.
BTC Digital (BTCT) Enterprise Value (2021 - 2025) Analysis & Trends
BTC Digital (BTCT) has reported Enterprise Value for 5 consecutive years, with $8.6 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Enterprise Value rose 629.49% year-over-year to $8.6 million; the trailing twelve-month figure through Dec 2025 stood at $8.6 million (up 629.49% YoY), and the FY2025 full-year result was $8.6 million, up 629.49% from the prior year.
- Enterprise Value climbed to $8.6 million in Q4 2025 per BTCT's latest filing, from $1.9 million in the prior quarter.
- Across five years, Enterprise Value topped out at $59.9 million in Q4 2021 and bottomed at -$1.6 million in Q4 2024.
- Historically, Enterprise Value has averaged $9.9 million across 5 years, with a median of $5.5 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Enterprise Value slumped 123.85% in 2024, then soared 629.49% in 2025.
- Over 5 years, Enterprise Value stood at $59.9 million in 2021, then plunged by 96.08% to $2.3 million in 2022, then surged by 190.91% to $6.8 million in 2023, then sank by 123.85% to -$1.6 million in 2024, then jumped by 629.49% to $8.6 million in 2025.
- According to Business Quant data, Enterprise Value over the past three periods registered $8.6 million, $1.9 million, and -$1.6 million for Q4 2025, Q2 2025, and Q4 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.68 Bn | 56.34 Bn | 40.81 Mn |
| 2 | Iren | 35.52 Bn | 27.95 Bn | 103.89 Mn |
| 3 | Hut 8 | 12.16 Bn | 5.68 Bn | 48.04 Mn |
| 4 | Riot Platforms | 8.98 Bn | 8.43 Bn | 84.97 Mn |
| 5 | Argo Blockchain | 5.95 Bn | 5.95 Bn | - |
| 6 | MARA Holdings | 5.06 Bn | 4.70 Bn | - |
| 7 | Cleanspark | 3.72 Bn | 3.51 Bn | - |
| 8 | Bitdeer Technologies | 3.06 Bn | 2.59 Bn | -8.53 Mn |
| 9 | Keel Infrastructure | 2.47 Bn | 2.47 Bn | -86.75 Mn |
| 10 | BTC Digital | 12.28 Mn | 8.53 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 8.63 Mn |
| Jun 30, 2025 | 1.85 Mn |
| Dec 31, 2024 | -1.63 Mn |
| Sep 30, 2024 | 3.49 Mn |
| Jun 30, 2024 | 4.97 Mn |
| Mar 31, 2024 | 9.11 Mn |
| Dec 31, 2023 | 6.83 Mn |
| Sep 30, 2023 | 6.52 Mn |
| Jun 30, 2023 | 4.54 Mn |
| Mar 31, 2023 | 5.49 Mn |
| Dec 31, 2022 | 2.35 Mn |
| Jun 30, 2022 | 16.80 Mn |
| Dec 31, 2021 | 59.91 Mn |
BTC Digital Enterprise Value 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=enterprise-value&ticker=BTCT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=BTCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();