Short answer
Bit Digital, Inc (BTBT) filed its Q1 2026 10-Q quarterly report on May 15, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $28M (up 11.2% year over year) with net income of −$147M.
Q1 2026 key financials · XBRL
- Revenue
- $28M
- +11.2% YoY
- Net income
- −$147M
- −154.1% YoY
- Operating margin
- -511.8%
- EPS (diluted)
- −$0.45
- −40.6% YoY
Source: XBRL data from the Bit Digital, Inc (BTBT) Q1 2026 10-Q on SEC EDGAR. USD.
Bit Digital, Inc Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Near-term outlook: 76 MW data-center capacity targeted by Q4 2026
- Nscale agreement: approximately $865 million contracted revenue over 10 years
- Headwinds: Initial Customer service pause and unresolved receivables, prepayment, deposit, and termination terms
Risk Factors
- Former PRC operations: potential fines and penalties if authorities deem bitcoin mining a financial-security threat, extending limitations from two to five years
- Strait of Hormuz closure and Red Sea disruption: shipping delays and higher energy prices may materially harm financial condition and performance
- Supply-chain exposure: complex international relationships increase vulnerability to trade-route disruptions affecting equipment availability
- Insider-trading compliance: amended policy expanded applicability from directors and officers to all employees on May 13, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Bit Digital, Inc quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.