BTC Digital (BTCT) Net Income (2018 - 2024)
BTC Digital's (BTCT) quarterly Net Income came in at -$2.0 million in Q4 2024, up 29.57% on a YoY basis from -$1.5 million in Q1 2024, and down 248.34% quarter-over-quarter from -$571000.0 in Q3 2024.
BTC Digital (BTCT) Net Income (2018 - 2024) Analysis & Trends
BTC Digital (BTCT) has reported Net Income for 7 consecutive years, with -$2.0 million the latest figure, recorded in Q4 2024.
- For the quarter ending Q4 2024, Net Income rose 29.57% year-over-year to -$2.0 million; the trailing twelve-month figure through Dec 2024 stood at -$4.0 million (up 19.23% YoY), and the FY2025 full-year result was -$9.1 million, down 355.56% from the prior year.
- Net Income fell to -$2.0 million in Q4 2024 per BTCT's latest filing, from -$571000.0 in the prior quarter.
- Across five years, Net Income topped out at $31.0 million in Q4 2020 and bottomed at -$27.6 million in Q3 2020.
- Historically, Net Income has averaged -$2.6 million across 5 years, with a median of -$1.0 million in 2023.
- The sharpest annual moves came in 2020 and 2024: Net Income surged 243.24% in 2020, then plunged 421.48% in 2024.
- Over 5 years, Net Income stood at $31.0 million in 2020, then tumbled by 141.82% to -$13.0 million in 2021, then surged by 52.52% to -$6.2 million in 2022, then surged by 54.19% to -$2.8 million in 2023, then gained by 29.57% to -$2.0 million in 2024.
- According to Business Quant data, Net Income over the past three periods registered -$2.0 million, -$571000.0, and -$704000.0 for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.68 Bn | 56.34 Bn | 40.81 Mn | -83.60 Mn |
| 2 | Iren | 35.52 Bn | 27.95 Bn | 103.89 Mn | -683.98 Mn |
| 3 | Hut 8 | 12.16 Bn | 5.68 Bn | 48.04 Mn | -177.10 Mn |
| 4 | Riot Platforms | 8.98 Bn | 8.43 Bn | 84.97 Mn | -237.17 Mn |
| 5 | Argo Blockchain | 5.95 Bn | 5.95 Bn | - | - |
| 6 | MARA Holdings | 5.06 Bn | 4.70 Bn | - | -611.32 Mn |
| 7 | Cleanspark | 3.72 Bn | 3.51 Bn | - | -239.84 Mn |
| 8 | Bitdeer Technologies | 3.06 Bn | 2.59 Bn | -8.53 Mn | -114.06 Mn |
| 9 | Keel Infrastructure | 2.47 Bn | 2.47 Bn | -86.75 Mn | -65.00 Mn |
| 10 | BTC Digital | 12.28 Mn | 8.53 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -1.99 Mn |
| Sep 30, 2024 | -571,000.00 |
| Jun 30, 2024 | -704,000.00 |
| Mar 31, 2024 | -731,000.00 |
| Dec 31, 2023 | -2.82 Mn |
| Sep 30, 2023 | -1.01 Mn |
| Jun 30, 2023 | -135,000.00 |
| Mar 31, 2023 | -980,000.00 |
| Dec 31, 2022 | -6.17 Mn |
| Jun 30, 2021 | -12.98 Mn |
| Mar 31, 2021 | 13.78 Mn |
| Dec 31, 2020 | 31.05 Mn |
| Aug 31, 2020 | -27.64 Mn |
| Jun 30, 2020 | -12.41 Mn |
| Mar 31, 2020 | -15.31 Mn |
| Dec 31, 2019 | -21.67 Mn |
| Sep 30, 2019 | 9.12 Mn |
| Jun 30, 2019 | -8.93 Mn |
| Mar 31, 2019 | -8.59 Mn |
| Dec 31, 2018 | -859,244.37 |
BTC Digital Net Income 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=net-income&ticker=BTCT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=BTCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();