BTC Digital (BTCT) Shares Outstanding (2018 - 2025)
BTC Digital's (BTCT) quarterly Shares Outstanding (Entity) came in at $9.5 million in Q4 2025, up 214.78% on a YoY basis from $3.0 million in Q4 2024, and up 214.78% quarter-over-quarter from $3.0 million in Q4 2024.
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Analysis
BTC Digital (BTCT) Shares Outstanding (2018 - 2025) Analysis & Trends
BTC Digital (BTCT) has reported Shares Outstanding (Entity) for 5 consecutive years, with $9.5 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Shares Outstanding (Entity) rose 214.78% year-over-year to $9.5 million; the trailing twelve-month figure through Dec 2025 stood at $9.5 million (up 214.78% YoY), and the FY2025 full-year result was $9.5 million, up 214.78% from the prior year.
- Shares Outstanding (Entity) advanced to $9.5 million in Q4 2025 per BTCT's latest filing, from $3.0 million in the prior quarter.
- Across five years, Shares Outstanding (Entity) topped out at $9.5 million in Q4 2025 and bottomed at $568572.0 in Q4 2021.
- Historically, Shares Outstanding (Entity) has averaged $2.5 million across 5 years, with a median of $1.8 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Shares Outstanding (Entity) gained 20.09% in 2022, then surged 214.78% in 2025.
- Over 5 years, Shares Outstanding (Entity) stood at $568572.0 in 2021, then gained by 20.09% to $682779.0 in 2022, then soared by 118.86% to $1.5 million in 2023, then jumped by 102.32% to $3.0 million in 2024, then soared by 214.78% to $9.5 million in 2025.
- According to Business Quant data, Shares Outstanding (Entity) over the past three periods registered $9.5 million, $3.0 million, and $2.7 million for Q4 2025, Q4 2024, and Q3 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.68 Bn | 56.34 Bn | 40.81 Mn | 551.79 Mn |
| 2 | Iren | 35.52 Bn | 27.95 Bn | 103.89 Mn | 316.12 Mn |
| 3 | Hut 8 | 12.16 Bn | 5.68 Bn | 48.04 Mn | 118.48 Mn |
| 4 | Riot Platforms | 8.98 Bn | 8.43 Bn | 84.97 Mn | 347.70 Mn |
| 5 | Argo Blockchain | 5.95 Bn | 5.95 Bn | - | 2.19 Bn |
| 6 | MARA Holdings | 5.06 Bn | 4.70 Bn | - | 381.57 Mn |
| 7 | Cleanspark | 3.72 Bn | 3.51 Bn | - | 268.43 Mn |
| 8 | Bitdeer Technologies | 3.06 Bn | 2.59 Bn | -8.53 Mn | 204.68 Mn |
| 9 | Keel Infrastructure | 2.47 Bn | 2.47 Bn | -86.75 Mn | 605.37 Mn |
| 10 | BTC Digital | 12.28 Mn | 8.53 Mn | - | 8.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 8.22 Mn |
| Jun 30, 2025 | 3.02 Mn |
| Dec 31, 2024 | 3.02 Mn |
| Sep 30, 2024 | 2.70 Mn |
| Jun 30, 2024 | 2.61 Mn |
| Mar 31, 2024 | 2.44 Mn |
| Dec 31, 2023 | 1.49 Mn |
| Sep 30, 2023 | 1.59 Mn |
| Jun 30, 2023 | 1.29 Mn |
| Mar 31, 2023 | 1.17 Mn |
| Dec 31, 2022 | 682,779.00 |
| Jun 30, 2022 | 681,742.00 |
| Dec 31, 2021 | 681,742.00 |
| Sep 30, 2021 | 470,261.00 |
| Jun 30, 2021 | 470,261.00 |
| Mar 31, 2021 | 470,261.00 |
| Dec 31, 2020 | 470,261.00 |
| Aug 31, 2020 | 470,261.00 |
| Jun 30, 2020 | 470,261.00 |
| Mar 31, 2020 | 470,261.00 |
API Access
BTC Digital Shares Outstanding 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=shares-outstanding&ticker=BTCT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=BTCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();