BTC Digital (BTCT) Shares Outstanding (Diluted) (2018 - 2025)
BTC Digital (BTCT) recorded Shares Outstanding (Diluted) of 8.22 million in Q4 2025, up 172.0% from 3.02 million a year earlier.
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Analysis
BTC Digital (BTCT) Shares Outstanding (Diluted) (2018 - 2025) Analysis & Trends
Starting with Q4 2018, BTC Digital's Shares Outstanding (Diluted) history includes 25 quarters.
- Annual Shares Outstanding (Diluted) has increased for five straight years, with a five-year compound annual growth rate of 76.3% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 3.02 million in FY2024 (+102.3%), 1.49 million in FY2023 (+118.9%), 682,779 in FY2022 (+13.4%) and 602,002 in FY2021 (+24.7%).
- The Q4 2025 figure is the highest quarterly Shares Outstanding (Diluted) in data going back to Q4 2018.
- The year-over-year growth in Shares Outstanding (Diluted) has ranged between 0.0% (Q1 2021) and 172.0% (Q4 2025) over the last five years.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.38 Bn | 8.60 Bn | - | 882.00 Mn |
| 2 | Block | 47.16 Bn | 18.46 Bn | 3.17 Bn | 608.85 Mn |
| 3 | Coinbase Global | 44.38 Bn | 1.19 Bn | - | 263.41 Mn |
| 4 | Corpay | 27.22 Bn | 17.10 Bn | - | 66.33 Mn |
| 5 | Fiserv | 26.96 Bn | 23.64 Bn | 2.90 Bn | 533.70 Mn |
| 6 | Global Payments | 23.09 Bn | 884.97 Mn | 2.03 Bn | 270.12 Mn |
| 7 | Guidewire Software | 15.87 Bn | 12.43 Bn | 269.68 Mn | 85.41 Mn |
| 8 | Bitmine Immersion Technologies | 12.44 Bn | 9.82 Bn | 40.81 Mn | 443.95 Mn |
| 9 | Jack Henry & Associates | 11.62 Bn | 11.52 Bn | 273.85 Mn | 72.04 Mn |
| 10 | BTC Digital | 5.80 Mn | -15.92 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 | 602,002.00 |
| Dec 31, 2021 | 602,002.00 |
| Sep 30, 2021 | 482,729.00 |
| Jun 30, 2021 | 482,729.00 |
| Mar 31, 2021 | 482,729.00 |
| Dec 31, 2020 | 482,729.00 |
| Sep 30, 2020 | 482,729.00 |
| Jun 30, 2020 | 482,729.00 |
| Mar 31, 2020 | 482,729.00 |
API Access
BTC Digital Shares Outstanding (Diluted) 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-diluted&ticker=BTCT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=BTCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();