---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-011802"
form_type: "8-K"
ticker: "BTBT"
cik: "0001710350"
company_name: "Bit Digital, Inc"
filed_at: "2026-02-04T23:59:59+00:00"
generated_at: "2026-05-16T04:57:48.114019+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Bit Digital holds $888M in ETH and WYFI; stock at 31% discount to mNAV of $2.74

## Summary
- ETH holdings of 155,277 tokens valued at ~$460.7M, average acquisition cost $3,045, staking yield 3.5% APY.
- 27M WYFI shares (70.4% stake) worth $427.3M, implying 0.35x market NAV multiple.
- Combined mNAV per share $2.74, stock price $1.89 as of Dec 31, 2025.
- AI/HPC infrastructure: ~11 MW online in 2025, targeting ~76 MW by YE 2026, 1.6 GW pipeline.
- Completed conversion to 100% Ethereum treasury; Bitcoin mining activities wound down.

## SEC filing metadata
- accession: 0001213900-26-011802
- form_type: 8-K
- ticker: BTBT
- cik: 0001710350
- company_name: Bit Digital, Inc
- filed_at: 2026-02-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1710350/000121390026011802/0001213900-26-011802-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1710350/000121390026011802/ea0275491-8k_bitdigital.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-011802
- JSON: https://secwatch.observer/filing/0001213900-26-011802.json
- Plain text: https://secwatch.observer/filing/0001213900-26-011802.txt

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