earnings
confidence high
sentiment positive
materiality 0.80
Bit Digital Q3 net income $146.7M on Ethereum treasury pivot; revenue up 33%
Bit Digital, Inc
2025-Q3 EPS reported
$0.46
revenue$81,222,287
- Revenue $30.5M (+33% YoY); net income $146.7M vs loss of $38.8M; adj. EBITDA $166.8M.
- ETH holdings grew to 153,547 by Oct 31, valued at ~$590.5M; 132,480 ETH actively staked.
- WhiteFiber (70.7% owned) contributed via cloud services revenue of $18.0M (+48% YoY).
- Bitcoin mining revenue fell 27% to $7.4M; mining being wound down, active hash rate ~1.9 EH/s.
- Cash and digital assets totaled $602.8M as of Sep 30; raised $150M convertible notes in Oct.