BTC Digital (BTCT) Notes Payables (2018 - 2025)
BTC Digital's (BTCT) quarterly Notes Payables came in at $2.2 million in Q4 2025, up 347.52% on a YoY basis from $484000.0 in Q4 2024, and up 347.52% quarter-over-quarter from $484000.0 in Q4 2024.
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Analysis
BTC Digital (BTCT) Notes Payables (2018 - 2025) Analysis & Trends
BTC Digital (BTCT) has reported Notes Payables for 8 consecutive years, with $2.2 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Notes Payables rose 347.52% year-over-year to $2.2 million; the trailing twelve-month figure through Dec 2025 stood at $2.2 million (up 347.52% YoY), and the FY2025 full-year result was $2.2 million, up 347.52% from the prior year.
- Notes Payables improved to $2.2 million in Q4 2025 per BTCT's latest filing, from $484000.0 in the prior quarter.
- Across five years, Notes Payables topped out at $12.4 million in Q1 2021 and bottomed at $308000.0 in Q1 2024.
- Historically, Notes Payables has averaged $4.1 million across 5 years, with a median of $3.1 million in 2023.
- The sharpest annual moves came in 2021 and 2023: Notes Payables jumped 2048.53% in 2021, then sank 91.43% in 2023.
- Over 5 years, Notes Payables stood at $4.8 million in 2021, then soared by 36.98% to $6.5 million in 2022, then tumbled by 37.93% to $4.1 million in 2023, then tumbled by 88.07% to $484000.0 in 2024, then jumped by 347.52% to $2.2 million in 2025.
- According to Business Quant data, Notes Payables over the past three periods registered $2.2 million, $484000.0, and $544000.0 for Q4 2025, Q4 2024, and Q3 2024 respectively.
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 2.17 Mn |
| Dec 31, 2024 | 484,000.00 |
| Sep 30, 2024 | 544,000.00 |
| Jun 30, 2024 | 510,000.00 |
| Mar 31, 2024 | 308,000.00 |
| Dec 31, 2023 | 4.06 Mn |
| Jun 30, 2023 | 453,000.00 |
| Dec 31, 2022 | 6.53 Mn |
| Jun 30, 2022 | 5.29 Mn |
| Dec 31, 2021 | 4.77 Mn |
| Jun 30, 2021 | 11.48 Mn |
| Mar 31, 2021 | 12.44 Mn |
| Dec 31, 2020 | 7.57 Mn |
| Jun 30, 2020 | 4.40 Mn |
| Mar 31, 2020 | 579,000.00 |
| Dec 31, 2019 | 7.12 Mn |
| Dec 31, 2018 | 2.90 Mn |
API Access
BTC Digital Notes Payables 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=notes-payables&ticker=BTCT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-payables", "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=notes-payables&ticker=BTCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();