Bit Origin Ltd (BTOG) FY2025 TL;DR
Strategy Pivot & Financial Results: Bit Origin completed a strategic pivot, halting US Bitcoin mining in December 2023 to adopt a Dogecoin treasury strategy; the company held 70.5M DOGE as of 6/30/2025. FY2025 revenue collapsed to \(39K (from \)2.9M in FY2024) reflecting the operational shutdown. However, Net Loss significantly improved to \((4.4M)\) (vs. \((18.3M)\) in FY2024), largely due to zero long-lived asset impairment charges (compared to \(6.5M in FY2024). The company achieved positive Gross Profit (\)39K) for the first time after years of losse
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