BTC Digital (BTCT) Payables (2018 - 2025)
BTC Digital's (BTCT) quarterly Payables came in at $2.2 million in Q4 2025, up 261.6% on a YoY basis from $599000.0 in Q4 2024, and up 1315.69% quarter-over-quarter from $153000.0 in Q2 2025.
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Analysis
BTC Digital (BTCT) Payables (2018 - 2025) Analysis & Trends
BTC Digital (BTCT) has reported Payables for 8 consecutive years, with $2.2 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Payables rose 261.6% year-over-year to $2.2 million; the trailing twelve-month figure through Dec 2025 stood at $2.2 million (up 261.6% YoY), and the FY2025 full-year result was $2.2 million, up 261.6% from the prior year.
- Payables improved to $2.2 million in Q4 2025 per BTCT's latest filing, from $153000.0 in the prior quarter.
- Across five years, Payables topped out at $19.5 million in Q2 2021 and bottomed at $153000.0 in Q2 2025.
- Historically, Payables has averaged $5.3 million across 5 years, with a median of $2.2 million in 2025.
- The sharpest annual moves came in 2021 and 2023: Payables jumped 264.22% in 2021, then sank 93.08% in 2023.
- Over 5 years, Payables stood at $7.3 million in 2021, then soared by 36.26% to $9.9 million in 2022, then tumbled by 57.68% to $4.2 million in 2023, then slumped by 85.68% to $599000.0 in 2024, then soared by 261.6% to $2.2 million in 2025.
- According to Business Quant data, Payables over the past three periods registered $2.2 million, $153000.0, and $599000.0 for Q4 2025, Q2 2025, and Q4 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.68 Bn | 56.34 Bn | 40.81 Mn | 10.23 Mn |
| 2 | Iren | 35.52 Bn | 27.95 Bn | 103.89 Mn | 1.83 Bn |
| 3 | Hut 8 | 12.16 Bn | 5.68 Bn | 48.04 Mn | 304.42 Mn |
| 4 | Riot Platforms | 8.98 Bn | 8.43 Bn | 84.97 Mn | 18.13 Mn |
| 5 | Argo Blockchain | 5.95 Bn | 5.95 Bn | - | 6.33 Mn |
| 6 | MARA Holdings | 5.06 Bn | 4.70 Bn | - | 345.89 Mn |
| 7 | Cleanspark | 3.72 Bn | 3.51 Bn | - | 11.23 Mn |
| 8 | Bitdeer Technologies | 3.06 Bn | 2.59 Bn | -8.53 Mn | 203.26 Mn |
| 9 | Keel Infrastructure | 2.47 Bn | 2.47 Bn | -86.75 Mn | 46.69 Mn |
| 10 | BTC Digital | 12.28 Mn | 8.53 Mn | - | 2.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 2.17 Mn |
| Jun 30, 2025 | 153,000.00 |
| Dec 31, 2024 | 599,000.00 |
| Sep 30, 2024 | 544,000.00 |
| Jun 30, 2024 | 600,000.00 |
| Mar 31, 2024 | 808,000.00 |
| Dec 31, 2023 | 4.18 Mn |
| Jun 30, 2023 | 608,000.00 |
| Dec 31, 2022 | 9.89 Mn |
| Jun 30, 2022 | 8.78 Mn |
| Dec 31, 2021 | 7.25 Mn |
| Jun 30, 2021 | 19.47 Mn |
| Mar 31, 2021 | 13.52 Mn |
| Dec 31, 2020 | 10.14 Mn |
| Jun 30, 2020 | 8.48 Mn |
| Mar 31, 2020 | 3.71 Mn |
| Dec 31, 2019 | 9.54 Mn |
| Dec 31, 2018 | 4.92 Mn |
API Access
BTC Digital 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=payables&ticker=BTCT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=payables&ticker=BTCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();