Bit Digital BTBT

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

2facts worth reading about the other 7 checks found nothing to note

• report_problem
  Receivables growing faster than revenue

  Receivables +354.1% vs revenue +5.1% (+349.0 pts)
• report_problem
  Critical audit matters changed

  New this year: We performed site; We independently; We independently (“As described in Note 12, the Company issued $150 million 4.00% Convertible Senior Notes due 2030 (the “Notes”). The Notes include features such as conversion into ordinary shares and are governed by complex contractual terms under the indenture agreement.”); We confirmed the (“As described in Note 12, the Company issued $150 million 4.00% Convertible Senior Notes due 2030 (the “Notes”). The Notes include features such as conversion into ordinary shares and are governed by complex contractual terms under the indenture agreement.”); Valuation and Classification of Convertible Notes (“As described in Note 12, the Company issued $150 million 4.00% Convertible Senior Notes due 2030 (the “Notes”). The Notes include features such as conversion into ordinary shares and are governed by complex contractual terms under the indenture agreement.”); We obtained an understanding of and evaluated the key contractual terms by reading and analyzing the underwriting; We assessed management's conclusion regarding the appropriate accounting treatment, including whether the instrument; We tested key valuation assumptions used by management, including; We recalculated and independently estimated the initial recognition. No longer listed: We performed site visits at the Company’s facilities; We independently traced certain financial and performance; We independently confirmed with third-party mining pool operators; We confirmed the year-end digital asset balances directly; Goodwill valuation; We tested the effectiveness of controls over the fair value; With the assistance of fair value specialists, we evaluated. Same as last year: F-2; Revenue Recognition of Digital Asset Mining
• check_circle
  Same auditor in both 10-Ks: Audit Alliance LLP

1. add_circleItem 1A · new paragraph · not in the 10-K filed Mar 14, 2025 10-K, ITEM 1Anorth_east

   Ownership of our securities involves a high degree of risk. You should carefully consider the risks described below, together with all other information contained in or incorporated by reference into this Annual Report on Form 10-K, including our audited financial statements and the notes thereto, and “Management’s Discussion and…

2. add_circleItem 1A · new paragraph · not in the 10-K filed Mar 14, 2025 10-K, ITEM 1Anorth_east

   Additional risks and uncertainties not presently known to us or that we currently deem immaterial may also impair our business operations. If any of the risks actually occur, our business could be materially harmed and the market price of our ordinary shares could decline, and you could lose all or part of your investment.

3. add_circleItem 1A · new paragraph · not in the 10-K filed Mar 14, 2025 10-K, ITEM 1Anorth_east

   As a result, any actual or perceived security breach of our systems or our third-party partners may:

4. add_circleItem 1A · new paragraph · not in the 10-K filed Mar 14, 2025 10-K, ITEM 1Anorth_east

   In July 2025, we sold an aggregate of 22,000,000 ordinary shares at $3.06 per share pursuant to a registered direct offering. In October 2025, we sold an aggregate of $150 million of 4.0% convertible senior notes due 2030 pursuant to a registered offering. During the year ended December 31, 2025, we sold an aggregate of 30,189,161…

• EXOD792
• BTBT164
• FWDI127
• CIFR102
• BMNR92
• WULF16

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.