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Bit Digital (Bit Digital) Ending Cash Position : $18.18 Mil (As of Dec. 2023)


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What is Bit Digital Ending Cash Position?

Bit Digital's Ending Cash Position for the quarter that ended in Dec. 2023 was $18.18 Mil.

Bit Digital's quarterly Ending Cash Position increased from Jun. 2023 ($19.84 Mil) to Sep. 2023 ($22.13 Mil) but then declined from Sep. 2023 ($22.13 Mil) to Dec. 2023 ($18.18 Mil).

Bit Digital's annual Ending Cash Position declined from Dec. 2021 ($42.40 Mil) to Dec. 2022 ($34.01 Mil) and declined from Dec. 2022 ($34.01 Mil) to Dec. 2023 ($18.18 Mil).


Bit Digital Ending Cash Position Historical Data

The historical data trend for Bit Digital's Ending Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bit Digital Ending Cash Position Chart

Bit Digital Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only 0.63 0.42 42.40 34.01 18.18

Bit Digital Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.01 29.23 19.84 22.13 18.18

Bit Digital Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Bit Digital's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=34.011+-15.83
=18.18

Bit Digital's Ending Cash Position for the quarter that ended in Dec. 2023 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=22.128+-3.947
=18.18


Bit Digital Ending Cash Position Related Terms

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Bit Digital (Bit Digital) Business Description

Traded in Other Exchanges
Address
33 Irving Place, New York, NY, USA, 10003
Bit Digital Inc is engaged in the Bitcoin mining business. Its mining platform operates with the primary intent of accumulating bitcoin which may sell for fiat currency from time to time depending on market conditions. It generates revenue from cryptocurrency mining.