BTC Digital (BTCT) Goodwill (2018 - 2022)
BTC Digital's (BTCT) quarterly Goodwill came in at $28.8 million in Q2 2022, down 30.74% on a YoY basis from $41.6 million in Q2 2021, and down 4.55% quarter-over-quarter from $30.2 million in Q4 2021.
BTC Digital (BTCT) Goodwill (2018 - 2022) Analysis & Trends
BTC Digital (BTCT) has reported Goodwill for 5 consecutive years, with $28.8 million the latest figure, recorded in Q2 2022.
- For the quarter ending Q2 2022, Goodwill fell 30.74% year-over-year to $28.8 million; the trailing twelve-month figure through Jun 2022 stood at $28.8 million (down 30.74% YoY), and the FY2021 full-year result was $29.9 million, down 28.91% from the prior year.
- Goodwill retreated to $28.8 million in Q2 2022 per BTCT's latest filing, from $30.2 million in the prior quarter.
- Across five years, Goodwill topped out at $42.9 million in Q4 2019 and bottomed at $28.8 million in Q2 2022.
- Historically, Goodwill has averaged $38.6 million across 5 years, with a median of $40.8 million in 2020.
- The sharpest annual moves came in 2019 and 2022: Goodwill increased 7.05% in 2019, then sank 30.74% in 2022.
- Over 5 years, Goodwill stood at $40.0 million in 2018, then grew by 7.05% to $42.9 million in 2019, then decreased by 3.36% to $41.4 million in 2020, then declined by 27.15% to $30.2 million in 2021, then retreated by 4.55% to $28.8 million in 2022.
- According to Business Quant data, Goodwill over the past three periods registered $28.8 million, $30.2 million, and $37.7 million for Q2 2022, Q4 2021, and Q3 2021 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 |
|---|---|
| Jun 30, 2022 | 28.81 Mn |
| Dec 31, 2021 | 30.18 Mn |
| Sep 30, 2021 | 37.71 Mn |
| Jun 30, 2021 | 41.60 Mn |
| Mar 31, 2021 | 41.91 Mn |
| Dec 31, 2020 | 41.43 Mn |
| Jun 30, 2020 | 40.43 Mn |
| Mar 31, 2020 | 41.10 Mn |
| Dec 31, 2019 | 42.87 Mn |
| Dec 31, 2018 | 40.05 Mn |
BTC Digital Goodwill 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=goodwill&ticker=BTCT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=BTCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();