FY2025 · ended Dec 31, 2025 · Revenue $14.04M, +20.3% YoY · Filed May 11, 2026
BTC Digital Ltd. (BTCT) files with the SEC under industry code 6199, Finance Services. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $14.0 million and a net loss of $9.1 million. Free cash flow was -$13.8 million. As of Dec 31, 2025 it held $350,000 in cash and investments and $2.5 million in total debt.
Revenue
$14.04M
+20.3% vs prior year
Net income
$-9.06M
-355.6% vs prior year
Operating cash flow
$-5.26M
-437.7% vs prior year
Free cash flow
$-13.78M
-1060.7% vs prior year
EPS
$-1.10
+78.0% vs prior year
Dividend per share
None
Shares outstanding
9.52M
+47.9% vs prior year
Net cash
$-2.15M
FY 2025
Operating margin
-62.7%
FY 2025
Company profile
- Industry
- Finance Services (SIC 6199)
- Listed as
- BTCT (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- Cayman Islands
- Headquarters
- Shenzhen
- SEC filer status
- Non-accelerated filer
- SEC CIK
- 1796514
- Former names
- Meten Holding Group Ltd. (until Aug 10, 2023); Meten EdtechX Education Group Ltd. (until Aug 18, 2021)
Other Finance Services companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $14.0M | $11.7M | $9.1M | $11.8M | $114.4M |
| Operating income | -$8.8M | -$2.7M | -$2.5M | $1.0M | — |
| Net income | -$9.1M | -$2.0M | -$2.8M | — | -$60.6M |
| Diluted EPS | -$1.10 | — | — | — | -$5.01 |
| Operating cash flow | -$5.3M | $1.6M | $3.8M | -$31.0M | -$72.1M |
| Free cash flow | -$13.8M | -$1.2M | $1.3M | -$39.9M | -$83.5M |
| Total assets | $39.9M | $41.1M | $24.5M | $30.3M | $138.9M |
| Total liabilities | $2.8M | $1.2M | $5.1M | $11.1M | $133.2M |
| Stockholders' equity | $37.2M | $39.9M | $19.4M | $19.3M | $5.3M |
| Cash and investments | $350,000 | $14.9M | $43,000 | $48,000 | $26.4M |
| Total debt | $2.5M | $853,000 | $125,000 | — | $15.0M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Oct 29, 2026 | Oct 29, 2026 |
| 6-K | Current report (foreign issuer) | Sep 4, 2026 | Sep 4, 2026 |
| 6-K | Current report (foreign issuer) | Sep 2, 2026 | Sep 2, 2026 |
| 6-K | Current report (foreign issuer) | Jul 6, 2026 | Jun 26, 2026 |
| 6-K | Current report (foreign issuer) | May 28, 2026 | May 28, 2026 |
| 20-F | Annual report (foreign issuer) | May 11, 2026 | Dec 31, 2025 |
All 219 BTC Digital Ltd. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.