BTC Digital (BTCT) Equity Ratio (2018 - 2025)
BTC Digital (BTCT) reported Equity Ratio of 0.93 for Q4 2025, down 4.09% on a YoY basis from 0.97 in Q4 2024, and down 5.51% quarter-over-quarter from 0.99 in Q2 2025.
BTC Digital (BTCT) Equity Ratio (2018 - 2025) Analysis & Trends
BTC Digital has reported Equity Ratio for 8 years, with the latest figure at 0.93 in Q4 2025.
- For the quarter ending Q4 2025, Equity Ratio fell 4.09% year-over-year to 0.93; the trailing twelve-month figure through Dec 2025 stood at 0.93 (down 4.09% YoY), and the FY2025 full-year result was 0.93, down 4.09% from the prior year.
- Equity Ratio for Q4 2025 stood at 0.93, down from 0.99 in the prior quarter.
- The five-year high for Equity Ratio was 0.99 in Q2 2025, with the low at 0.04 in Q4 2021.
- Historically, Equity Ratio has averaged 0.75 across 5 years, with a median of 0.82 in 2024.
- Annual changes were most pronounced in 2022 — Equity Ratio surged 1438.09% — and 2025, when it dropped 4.09%.
- BTC Digital's Equity Ratio stood at 0.04 in 2021, then surged by 1438.09% to 0.64 in 2022, then increased by 24.67% to 0.79 in 2023, then increased by 22.51% to 0.97 in 2024, then retreated by 4.09% to 0.93 in 2025.
- The last three Equity Ratio figures came in at 0.93 (Q4 2025), 0.99 (Q2 2025), and 0.97 (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | -0.02 |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 0.81 |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 0.62 |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 0.12 |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 0.64 |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 0.32 |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 0.31 |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 0.00 |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | 0.75 |
| 10 | BTC Digital | 8.88 Mn | 5.09 Mn | - | 0.93 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.93 |
| Jun 30, 2025 | 0.99 |
| Dec 31, 2024 | 0.97 |
| Sep 30, 2024 | 0.82 |
| Jun 30, 2024 | 0.79 |
| Mar 31, 2024 | 0.83 |
| Dec 31, 2023 | 0.79 |
| Dec 31, 2022 | 0.64 |
| Dec 31, 2021 | 0.04 |
| Dec 31, 2020 | -0.33 |
| Sep 30, 2020 | -0.21 |
| Jun 30, 2020 | -0.18 |
| Mar 31, 2020 | -0.21 |
| Dec 31, 2019 | -0.17 |
| Dec 31, 2018 | -0.11 |