BTC Digital Ltd. balance sheet
At the end of fiscal 2025, BTC Digital Ltd. had total assets of $39.9m, total liabilities of $2.8m and shareholders' equity of $37.2m. It held $350,000 in cash against $2.2m of debt: net debt of $1.8m.
Balance sheet
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 28 | 20 | 14 | 26 | 0 | 0 | 15 | 0 |
| Receivables | — | — | 4 | 7 | 9 | 5 | 5 | 6 |
| Total current assets | — | — | 37 | 61 | 14 | 9 | 25 | 19 |
| Goodwill | — | — | 42 | 193 | — | — | — | — |
| Total assets | — | — | 168 | 139 | 30 | 25 | 41 | 40 |
| Accounts payable | — | — | 3 | 3 | 3 | 0 | 0 | — |
| Deferred revenue (current) | — | — | 52 | 33 | — | 1 | 0 | — |
| Total current liabilities | — | 0 | 180 | 112 | 11 | 5 | 1 | 2 |
| Short-term debt | — | — | — | — | 1 | 0 | 0 | 2 |
| Total debt | — | — | 0 | 0 | 7 | 4 | 0 | 2 |
| Total liabilities | — | 0 | 224 | 133 | 11 | 5 | 1 | 3 |
| Shareholders' equity | — | −0 | −58 | 5 | 19 | 19 | 40 | 37 |
| Net debt (negative = net cash) | −28 | −20 | −14 | −26 | 7 | 4 | −14 | 2 |
| Shares outstanding | — | — | — | — | — | — | — | 10m |
| Quarter | 2023 Q1Mar 2023 | 2023 Q2Jun 2023 | 2023 Q3Sept 2023 | 2023 Q4Dec 2023 | 2024 Q1Mar 2024 | 2024 Q2Jun 2024 | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Receivables | — | — | — | 5 | 2 | 0 | 2 | 5 |
| Total current assets | — | — | — | 9 | 9 | 10 | 10 | 25 |
| Total assets | — | — | — | 25 | 25 | 25 | 25 | 41 |
| Accounts payable | — | — | — | 0 | 0 | 0 | — | 0 |
| Deferred revenue (current) | — | — | — | 1 | — | 1 | 0 | 0 |
| Total current liabilities | — | — | — | 5 | 4 | 5 | 5 | 1 |
| Short-term debt | — | — | — | 0 | 0 | 1 | 1 | 0 |
| Total debt | — | — | — | 0 | 0 | 1 | 1 | 0 |
| Total liabilities | — | — | — | 5 | 4 | 5 | 5 | 1 |
| Shareholders' equity | 18 | 18 | 19 | 19 | 20 | 20 | 20 | 40 |
| Shares outstanding | — | — | — | 2m | 3m | 3m | 3m | 6m |
Compare with peers
- Btcs Inc. balance sheet
- Openworld, Inc. balance sheet
- Darkhorse Technologies Inc. balance sheet
- Directbooking Technology Co., Ltd. balance sheet
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