Bit Origin (BTOG) Convertible Debt (2021 - 2025)
Bit Origin's (BTOG) quarterly Convertible Debt came in at $14.4 million in Q4 2025, up 264.9% YoY from $4.0 million in Q4 2024, and up 264.9% on a QoQ basis from $4.0 million in Q4 2024.
Bit Origin (BTOG) Convertible Debt (2021 - 2025) Analysis & Trends
Bit Origin (BTOG) has 5 years of Convertible Debt data on file, last reported at $14.4 million in 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 climbed to $14.4 million in Q4 2025, from $4.0 million in the prior quarter.
- In the past five years, Convertible Debt ranged from a high of $1902.0 billion in Q4 2022 to a low of $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 tumbled 100.0% — and 2024, when it soared 326.23%.
- Tracing BTOG's Convertible Debt over 5 years: stood at $1300.0 billion in 2021, then surged by 46.31% to $1902.0 billion in 2022, then plunged by 100.0% to $2.9 million in 2023, then surged by 37.44% to $4.0 million in 2024, then soared by 264.9% to $14.4 million in 2025.
- The last three Convertible Debt figures came in at $14.4 million (Q4 2025), $4.0 million (Q4 2024), and $3.3 million (Q2 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | S&P Global | 127.26 Bn | 123.12 Bn | 2.98 Bn |
| 2 | Cme | 99.13 Bn | 99.13 Bn | 1.65 Bn |
| 3 | Intercontinental Exchange | 90.95 Bn | 88.99 Bn | - |
| 4 | Moodys | 87.63 Bn | 86.13 Bn | 1.67 Bn |
| 5 | Nasdaq | 55.45 Bn | 54.73 Bn | 1.50 Bn |
| 6 | Coinbase Global | 49.19 Bn | 40.40 Bn | 1.16 Bn |
| 7 | Msci | 41.09 Bn | 40.73 Bn | 717.10 Mn |
| 8 | Cboe Global Markets | 31.57 Bn | 29.18 Bn | 731.60 Mn |
| 9 | TransUnion | 16.37 Bn | 15.54 Bn | 765.00 Mn |
| 10 | Bit Origin | 5.06 Mn | 4.58 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 |