BTC Digital (BTCT) Payables (2018 - 2025)
BTC Digital (BTCT) recorded Payables of $2.43 million in Q4 2025, up 305.2% from $599,000 a year earlier.
Analysis
BTC Digital (BTCT) Payables (2018 - 2025) Analysis & Trends
Starting with Q4 2018, BTC Digital's Payables history includes 19 quarters.
- Annual Payables has a five-year compound annual growth rate of -1.4% (FY2020 to FY2025).
- Across earlier years, Payables came in at $599,000 in FY2024 (+136.8%), $253,000 in FY2023 (-94.3%), $4.44 million in FY2022 (+80.4%) and $2.46 million in FY2021 (-5.6%).
- The Q4 2025 figure is the highest quarterly Payables since Q4 2022.
- On a year-over-year basis, Payables rose in two of the last four quarters, with growth averaging 91.5%.
- Peak year-over-year performance for Payables in the last five years was growth of 305.2% in Q4 2025, against a decline of 94.0% in Q4 2023 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.49 Bn | 7.72 Bn | - | 208.00 Mn |
| 2 | Block | 46.34 Bn | 17.64 Bn | 3.17 Bn | - |
| 3 | Coinbase Global | 44.39 Bn | 1.20 Bn | - | 539.20 Mn |
| 4 | Corpay | 26.40 Bn | 16.28 Bn | - | 2.28 Bn |
| 5 | Fiserv | 25.40 Bn | 22.08 Bn | 2.90 Bn | 4.71 Bn |
| 6 | Global Payments | 22.86 Bn | 652.84 Mn | 2.03 Bn | 3.71 Bn |
| 7 | Guidewire Software | 14.45 Bn | 11.02 Bn | 269.68 Mn | 38.07 Mn |
| 8 | Bitmine Immersion Technologies | 11.93 Bn | 9.31 Bn | 40.81 Mn | 10.23 Mn |
| 9 | Chime Financial | 11.25 Bn | 7.04 Bn | 594.87 Mn | 36.26 Mn |
| 10 | BTC Digital | 5.93 Mn | -15.79 Mn | - | 2.43 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 2.43 Mn |
| Jun 30, 2025 | 153,000.00 |
| Dec 31, 2024 | 605,000.00 |
| Sep 30, 2024 | 544,000.00 |
| Jun 30, 2024 | 600,000.00 |
| Mar 31, 2024 | 463,000.00 |
| Dec 31, 2023 | 253,000.00 |
| Jun 30, 2023 | 608,000.00 |
| Dec 31, 2022 | 4.28 Mn |
| Jun 30, 2022 | 13.20 Mn |
| Dec 31, 2021 | 15.13 Mn |
| Sep 30, 2021 | 7.55 Mn |
| Jun 30, 2021 | 7.87 Mn |
| Mar 31, 2021 | 6.79 Mn |
| Dec 31, 2020 | 12.23 Mn |
| Sep 30, 2020 | 14.97 Mn |
| Jun 30, 2020 | 14.86 Mn |
| Mar 31, 2020 | 15.13 Mn |
| Dec 31, 2019 | 10.67 Mn |
| Dec 31, 2018 | 12.40 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_KEY
import 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();