Bit Origin (BTOG) Convertible Debt (2021 - 2025)
Bit Origin (BTOG) posted Convertible Debt of $14.4 million for Q4 2025, up 264.9% on a QoQ basis from $4.0 million in Q4 2024, and up 264.9% year-over-year from $4.0 million in Q4 2024.
Bit Origin (BTOG) Convertible Debt (2021 - 2025) Analysis & Trends
Bit Origin's Convertible Debt history runs 5 years deep, the most recent figure standing at $14.4 million for Q4 2025.
- Quarterly Convertible Debt rose 264.9% year-over-year to $14.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $14.4 million (up 264.9% YoY) and the FY2024 annual result came in at $3.3 million, up 326.23% from the prior year.
- Convertible Debt was $14.4 million for Q4 2025 at Bit Origin, up from $4.0 million in the prior quarter.
- Across five years, Convertible Debt topped out at $1902.0 billion in Q4 2022 and bottomed at $770467.0 in Q2 2023.
- A 5-year average of $562.8 billion and a median of $9.2 million in 2024 frame the typical range for Convertible Debt.
- Annual changes were most pronounced in 2023 — Convertible Debt slumped 100.0% — and 2024, when it soared 326.23%.
- Bit Origin's Convertible Debt stood at $1300.0 billion in 2021, then jumped by 46.31% to $1902.0 billion in 2022, then slumped by 100.0% to $2.9 million in 2023, then jumped by 37.44% to $4.0 million in 2024, then surged by 264.9% to $14.4 million in 2025.
- Business Quant data shows BTOG's Convertible Debt at $14.4 million in Q4 2025, $4.0 million in Q4 2024, and $3.3 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bit Origin | 1,110.84 Bn | 1,110.84 Bn | - |
| 2 | S&P Global | 130.72 Bn | 128.91 Bn | 2.94 Bn |
| 3 | Cme | 92.16 Bn | 92.16 Bn | 1.65 Bn |
| 4 | Moodys | 84.72 Bn | 83.22 Bn | 1.67 Bn |
| 5 | Intercontinental Exchange | 84.12 Bn | 82.38 Bn | - |
| 6 | Nasdaq | 53.10 Bn | 52.38 Bn | 1.50 Bn |
| 7 | Coinbase Global | 44.25 Bn | 33.81 Bn | 1.33 Bn |
| 8 | Msci | 41.65 Bn | 41.29 Bn | 717.10 Mn |
| 9 | Cboe Global Markets | 30.13 Bn | 27.96 Bn | 728.90 Mn |
| 10 | TransUnion | 14.77 Bn | 14.04 Bn | 726.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 14.43 Mn |
| Dec 31, 2024 | 3.96 Mn |
| Jun 30, 2024 | 3.28 Mn |
| Dec 31, 2023 | 2.88 Mn |
| Jun 30, 2023 | 770,467.00 |
| Dec 31, 2022 | 1,902.05 Bn |
| Dec 31, 2021 | 1,300.00 Bn |
| Jun 30, 2021 | 1,300.00 Bn |