BTC Digital (BTCT) Interest Expenses (2018 - 2024)
BTC Digital's (BTCT) quarterly Interest Expenses came in at -$48000.0 in Q4 2024, up 23.81% on a YoY basis from -$38769.2 in Q1 2024, and down 2500.0% quarter-over-quarter from $2000.0 in Q3 2024.
BTC Digital (BTCT) Interest Expenses (2018 - 2024) Analysis & Trends
BTC Digital (BTCT) has reported Interest Expenses for 7 consecutive years, with -$48000.0 the latest figure, recorded in Q4 2024.
- For the quarter ending Q4 2024, Interest Expenses rose 23.81% year-over-year to -$48000.0; the trailing twelve-month figure through Dec 2024 stood at -$100000.0 (down 92.31% YoY), and the FY2025 full-year result was -$62000.0, down 29.17% from the prior year.
- Interest Expenses declined to -$48000.0 in Q4 2024 per BTCT's latest filing, from $2000.0 in the prior quarter.
- Across five years, Interest Expenses topped out at $291108.6 in Q1 2021 and bottomed at -$324609.0 in Q3 2020.
- Historically, Interest Expenses has averaged -$76622.6 across 5 years, with a median of -$48000.0 in 2024.
- The sharpest annual moves came in 2021 and 2023: Interest Expenses jumped 290.76% in 2021, then plunged 215.0% in 2023.
- Over 5 years, Interest Expenses stood at -$302239.3 in 2020, then climbed by 18.69% to -$245752.1 in 2021, then soared by 91.86% to -$20000.0 in 2022, then slumped by 215.0% to -$63000.0 in 2023, then climbed by 23.81% to -$48000.0 in 2024.
- According to Business Quant data, Interest Expenses over the past three periods registered -$48000.0, $2000.0, and $9000.0 for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (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 | 24.47 Mn |
| 3 | Hut 8 | 12.16 Bn | 5.68 Bn | 48.04 Mn | 51.16 Mn |
| 4 | Riot Platforms | 8.98 Bn | 8.43 Bn | 84.97 Mn | 2.69 Mn |
| 5 | Argo Blockchain | 5.95 Bn | 5.95 Bn | - | - |
| 6 | MARA Holdings | 5.06 Bn | 4.70 Bn | - | 6.26 Mn |
| 7 | Cleanspark | 3.72 Bn | 3.51 Bn | - | 2.04 Mn |
| 8 | Bitdeer Technologies | 3.06 Bn | 2.59 Bn | -8.53 Mn | -32.47 Mn |
| 9 | Keel Infrastructure | 2.47 Bn | 2.47 Bn | -86.75 Mn | 2.11 Mn |
| 10 | BTC Digital | 12.28 Mn | 8.53 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -48,000.00 |
| Sep 30, 2024 | 2,000.00 |
| Jun 30, 2024 | 9,000.00 |
| Dec 31, 2023 | -63,000.00 |
| Sep 30, 2023 | 11,000.00 |
| Jun 30, 2023 | 20,000.00 |
| Dec 31, 2022 | -20,000.00 |
| Jun 30, 2021 | -245,752.10 |
| Mar 31, 2021 | 291,108.63 |
| Dec 31, 2020 | -302,239.27 |
| Aug 31, 2020 | -324,609.03 |
| Jun 30, 2020 | -173,000.00 |
| Mar 31, 2020 | -152,601.45 |
| Dec 31, 2019 | -131,000.00 |
| Sep 30, 2019 | -103,434.75 |
| Jun 30, 2019 | -68,222.80 |
| Mar 31, 2019 | -51,978.22 |
| Dec 31, 2018 | -144.63 |
BTC Digital Interest Expenses 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=interest-expenses&ticker=BTCT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=BTCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();