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BTC Digital Ltd. (BTCT)

BTC Digital Ltd. reported revenue of $14M in fiscal 2025, up 20.3% from a year earlier. It posted a net loss of $9.1M. In fiscal 2025 capital spending exceeded operating cash flow by $13.8M. At December 31, 2025 it held $350K in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on May 11, 2026.

Watch BTCT in 60 seconds
Price
$1.19
-4.03% on the day · September 25, 2026
52-week range $0.43 to $3.12
Market cap
$14M
Revenue (FY2025)
$14M
+20.3% year on year
Net margin
-64.5%

What BTC Digital Ltd. does

BTC Digital Ltd. is registered with the SEC under industry code SIC 6199 (Finance Services). Its shares trade on NASDAQ under the ticker BTCT.

Revenue and profit by year

Revenue
FY20: $137.5M $137.5M FY20FY21: $114.4M $114.4M FY21FY22: $11.8M $11.8M FY22FY23: $9.1M $9.1M FY23FY24: $11.7M $11.7M FY24FY25: $14M $14M FY25
Net income
FY20: -$63.3M -$63.3M FY20FY21: -$60.6M -$60.6M FY21FY22: $7.7M $7.7M FY22FY23: -$2.8M -$2.8M FY23FY24: -$2M -$2M FY24FY25: -$9.1M -$9.1M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$14M-$8.8M-$9.1M-$1.10-$13.8M
2024$11.7M-$2.7M-$2M-$0.66-$1.2M
2023$9.1M-$2.5M-$2.8M-$1.89$1.3M
2022$11.8M$1M$7.7Mn/a-$39.9M
2021$114.4Mn/a-$60.6M-$5.01-$83.5M
2020$137.5Mn/a-$63.3M-$0.96-$56.5M

Full financial statements: income, balance sheet and cash flow

Where BTCT ranks in Finance

Revenue$14M
#425 of 495 in Finance · Bottom 14%
Revenue growth+20.3%
#138 of 447 in Finance · Top 31%
Net margin-64.5%
#406 of 452 in Finance · Bottom 10%
Free cash flow margin-98.1%
#304 of 322 in Finance · Bottom 6%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Finance

Latest SEC filings

What BTC Digital Ltd. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 18, 2026
  2. September 8, 2026
  3. September 4, 2026
  4. September 2, 2026
  5. August 24, 2026
  6. August 13, 2026
  7. July 29, 2026
  8. July 6, 2026
  9. July 2, 2026
  10. May 28, 2026

Who owns BTCT

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Ayrton Capital LLC13G, passive with 2 related filers 9.99% 1,008,485 August 13, 2026
Bigger Michael13G, passive with 6 related filers 5.6% 877,194 July 2, 2026

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

We have not read this company's Form 4 filings yet.

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about BTCT

What does BTC Digital Ltd. do?

BTC Digital Ltd. is registered with the SEC under industry code SIC 6199 (Finance Services). Its shares trade on NASDAQ under the ticker BTCT.

Is BTC Digital Ltd. profitable?

No. In fiscal 2025 it reported a net loss of $9.1M on revenue of $14M.

How much revenue does BTC Digital Ltd. make?

In fiscal 2025 BTC Digital Ltd. reported revenue of $14M. That is 20.3% more than a year earlier.

When did BTC Digital Ltd. last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on May 11, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the securities offering prospectus from September 18, 2026.

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Where the numbers come from

Financial figures are the values BTC Digital Ltd. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.