BTC Digital (BTCT) Tax Provisions (2018 - 2021)
BTC Digital's (BTCT) quarterly Tax Provisions came in at $278000.0 in Q2 2021, up 168.64% on a YoY basis from $103483.5 in Q2 2020, and up 135.96% quarter-over-quarter from -$773000.0 in Q1 2021.
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Analysis
BTC Digital (BTCT) Tax Provisions (2018 - 2021) Analysis & Trends
BTC Digital (BTCT) has reported Tax Provisions for 4 consecutive years, with $278000.0 the latest figure, recorded in Q2 2021.
- For the quarter ending Q2 2021, Tax Provisions rose 168.64% year-over-year to $278000.0; the trailing twelve-month figure through Jun 2021 stood at $324562.3 (up 112.18% YoY), and the FY2025 full-year result was $9.1 million, up 355.56% from the prior year.
- Tax Provisions grew to $278000.0 in Q2 2021 per BTCT's latest filing, from -$773000.0 in the prior quarter.
- Across five years, Tax Provisions topped out at $1.2 million in Q1 2019 and bottomed at -$1.6 million in Q3 2019.
- Historically, Tax Provisions has averaged -$112288.1 across 4 years, with a median of -$44000.0 in 2020.
- The sharpest annual moves came in 2019 and 2020: Tax Provisions plunged 473.0% in 2019, then surged 182.24% in 2020.
- Over 4 years, Tax Provisions stood at -$183245.7 in 2018, then slumped by 473.0% to -$1.0 million in 2019, then soared by 182.24% to $863562.3 in 2020, then sank by 67.81% to $278000.0 in 2021.
- According to Business Quant data, Tax Provisions over the past three periods registered $278000.0, -$773000.0, and $863562.3 for Q2 2021, Q1 2021, and Q4 2020 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (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 | -8.01 Mn |
| 3 | Hut 8 | 12.16 Bn | 5.68 Bn | 48.04 Mn | -31.50 Mn |
| 4 | Riot Platforms | 8.98 Bn | 8.43 Bn | 84.97 Mn | -105,000.00 |
| 5 | Argo Blockchain | 5.95 Bn | 5.95 Bn | - | - |
| 6 | MARA Holdings | 5.06 Bn | 4.70 Bn | - | 580,000.00 |
| 7 | Cleanspark | 3.72 Bn | 3.51 Bn | - | -2.97 Mn |
| 8 | Bitdeer Technologies | 3.06 Bn | 2.59 Bn | -8.53 Mn | 11.71 Mn |
| 9 | Keel Infrastructure | 2.47 Bn | 2.47 Bn | -86.75 Mn | 17,000.00 |
| 10 | BTC Digital | 12.28 Mn | 8.53 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2021 | 278,000.00 |
| Mar 31, 2021 | -773,000.00 |
| Dec 31, 2020 | 863,562.33 |
| Aug 31, 2020 | -44,000.00 |
| Jun 30, 2020 | -405,000.00 |
| Mar 31, 2020 | 360,000.00 |
| Dec 31, 2019 | -1.05 Mn |
| Sep 30, 2019 | -1.57 Mn |
| Jun 30, 2019 | 111,944.08 |
| Mar 31, 2019 | 1.18 Mn |
| Dec 31, 2018 | -183,245.69 |
API Access
BTC Digital Tax Provisions 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=tax-provisions&ticker=BTCT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=BTCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();