secwatch.observer — SEC 8-K summary
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Issuer:     Bit Digital, Inc (BTBT)
CIK:        0001710350
Form:       8-K
Filed at:   2025-03-14T23:59:59+00:00
Accession:  0001013762-25-000323
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bit Digital FY2024 revenue $108.1M (+141% YoY); GAAP EPS $0.19 vs loss prior year
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- Revenue $108.1M (+141% YoY); cloud services revenue $45.7M from new HPC business.
- GAAP EPS $0.19 fully diluted vs $(0.16) loss in FY2023.
- Adjusted EBITDA $73.0M (includes $55.7M digital asset gains) vs $12.4M prior year.
- Bitcoin production 949.9 BTC (-37% YoY) due to halving; treasury held 741.9 BTC and 27,623.2 ETH at year-end.
- Cash and liquidity $98.9M and $260.7M respectively; total assets $538.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1710350/000101376225000323/0001013762-25-000323-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1710350/000101376225000323/ea0234309-8k_bitdigital.htm
  HTML page:      https://secwatch.observer/filing/0001013762-25-000323

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer