---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-077049"
form_type: "8-K"
ticker: "BTBT"
cik: "0001710350"
company_name: "Bit Digital, Inc"
filed_at: "2025-08-15T23:59:59+00:00"
generated_at: "2026-05-17T12:26:34.515444+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bit Digital pivots to Ethereum treasury, holds 121,076 ETH and ~74.3% of WhiteFiber

## Summary
- Total ETH holdings of 121,076 (value ~$511.5M as of 8/11/25); 105,015 ETH staked in Q2 2025.
- Holds ~74.3% of WhiteFiber (WYFI) with 27,043,749 shares valued at ~$468.4M as of 8/13/25.
- Q2 2025 staking revenue $365,332; 166.8 ETH staking rewards; staking gross margin 92%.
- Illustrative mNAV per share $3.23 vs. BTBT share price $3.17 (approx. 2% discount).
- No borrowings under CAD$60M credit facility; company exiting Bitcoin mining to focus solely on ETH.

## SEC filing metadata
- accession: 0001213900-25-077049
- form_type: 8-K
- ticker: BTBT
- cik: 0001710350
- company_name: Bit Digital, Inc
- filed_at: 2025-08-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1710350/000121390025077049/0001213900-25-077049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1710350/000121390025077049/ea0253456-8k_bitdigital.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-077049
- JSON: https://secwatch.observer/filing/0001213900-25-077049.json
- Plain text: https://secwatch.observer/filing/0001213900-25-077049.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.