BTC Digital (BTCT) Invested Capital (2018 - 2025)
BTC Digital (BTCT) recorded Invested Capital of $39.33 million in Q4 2025, down 2.7% from $40.4 million a year earlier.
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Analysis
BTC Digital (BTCT) Invested Capital (2018 - 2025) Analysis & Trends
Starting with Q4 2019, BTC Digital's Invested Capital history includes 15 quarters.
- Across earlier years, Invested Capital came in at $40.4 million in FY2024 (+106.5%), $19.57 million in FY2023 (-5.5%), $20.7 million in FY2022 (+213.6%) and $6.6 million in FY2021.
- The Q4 2025 figure is the lowest quarterly Invested Capital since Q3 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.07 Bn | 8.29 Bn | - | 33.22 Bn |
| 2 | Block | 46.68 Bn | 17.98 Bn | 3.17 Bn | 28.93 Bn |
| 3 | Coinbase Global | 44.03 Bn | 831.90 Mn | - | 19.56 Bn |
| 4 | Corpay | 27.06 Bn | 16.95 Bn | - | 14.21 Bn |
| 5 | Fiserv | 26.89 Bn | 23.57 Bn | 2.90 Bn | 54.81 Bn |
| 6 | Global Payments | 22.75 Bn | 544.87 Mn | 2.03 Bn | 47.31 Bn |
| 7 | Guidewire Software | 15.99 Bn | 12.55 Bn | 269.68 Mn | 1.87 Bn |
| 8 | Bitmine Immersion Technologies | 12.19 Bn | 9.57 Bn | 40.81 Mn | - |
| 9 | Jack Henry & Associates | 11.60 Bn | 11.50 Bn | 273.85 Mn | 2.09 Bn |
| 10 | BTC Digital | 5.92 Mn | -15.80 Mn | - | 39.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 39.33 Mn |
| Dec 31, 2024 | 40.40 Mn |
| Sep 30, 2024 | 20.98 Mn |
| Jun 30, 2024 | 20.10 Mn |
| Mar 31, 2024 | 20.60 Mn |
| Dec 31, 2023 | 19.57 Mn |
| Jun 30, 2023 | 18.76 Mn |
| Dec 31, 2022 | 19.96 Mn |
| Jun 30, 2022 | 11.30 Mn |
| Dec 31, 2021 | 17.01 Mn |
| Jun 30, 2021 | -17.13 Mn |
| Dec 31, 2020 | -29.89 Mn |
| Sep 30, 2020 | -16.42 Mn |
| Jun 30, 2020 | -17.02 Mn |
| Mar 31, 2020 | -26.28 Mn |
| Dec 31, 2019 | -17.87 Mn |
| Dec 31, 2018 | -15.68 Mn |
API Access
BTC Digital Invested Capital 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=invested-capital&ticker=BTCT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=BTCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();