Quick Answer
BTC Digital Ltd. reported R&D Expense of $18.41 million for fiscal year 2021.
BTC Digital Ltd. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2021 | $18.41M | -42.2% |
| 2020 | $31.88M | -1.4% |
| 2019 | $32.33M | +23.5% |
| 2018 | $26.18M | — |
- BTC Digital Ltd. showed a decrease of -42.2% in R&D Expense compared to the prior fiscal year.
- Over the 2018–2021 period, BTC Digital Ltd.’s r&d expense has declined by 29.7% (from $26.18 million to $18.41 million).
- The most recent figure is from BTC Digital Ltd.’s fiscal year 2021 report (Form 20-F), filed with the SEC on May 16, 2022.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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