{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-037587","form_type":"8-K","ticker":"BTBT","cik":"0001710350","company_name":"Bit Digital, Inc","filed_at":"2026-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.968081+00:00","generated_at":"2026-05-15T08:11:32.167376+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Bit Digital FY2025 revenue $113.6M; net loss $80.3M vs prior net income $28.3M","bullets":["Total revenue $113.6M (+5% YoY); net loss $(80.3)M ($0.31 diluted loss) vs net income $28.3M ($0.19) in 2024.","Digital asset mining revenue fell 53% to $27.3M; cloud services rose 50% to $68.8M; colocation up 555% to $8.9M; ETH staking up 287% to $7.0M.","Adjusted EBITDA swung to $(24.9)M from $73.0M, driven by $29.2M digital asset loss vs prior $55.7M gain.","Company continues transition to Ethereum treasury; holds majority stake in WhiteFiber (WYFI) after its August 2025 IPO."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-037587","json":"https://secwatch.observer/filing/0001213900-26-037587.json","markdown":"https://secwatch.observer/filing/0001213900-26-037587.md","text":"https://secwatch.observer/filing/0001213900-26-037587.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1710350/000121390026037587/0001213900-26-037587-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1710350/000121390026037587/ea0284345-8k_bitdigital.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:11:32.167376+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b8cdc20e101ff3285777fc2cc51d31ca24c91a11","claim":"Bit Digital, Inc reported Fiscal Year 2025 results: revenue $113.6 million, net income $(80.3) million, EPS $(0.31) per diluted share.","evidence_excerpt":"Total revenue for fiscal year 2025 was $113.6 million, a 5% increase compared to $108.0 million in fiscal year 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1710350/000121390026037587/0001213900-26-037587-index.htm","confidence":0.97,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fiscal Year 2025"},{"label":"Revenue","value":"$113.6 million"},{"label":"Net income","value":"$(80.3) million"},{"label":"EPS","value":"$(0.31) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}