---
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"
generated_at: "2026-05-15T08:11:32.167376+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Bit Digital FY2025 revenue $113.6M; net loss $80.3M vs prior net income $28.3M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-037587
- JSON: https://secwatch.observer/filing/0001213900-26-037587.json
- Plain text: https://secwatch.observer/filing/0001213900-26-037587.txt

## Key facts
- Earnings Releases
  Bit Digital, Inc reported Fiscal Year 2025 results: revenue $113.6 million, net income $(80.3) million, EPS $(0.31) per diluted share.
  - Period: Fiscal Year 2025
  - Revenue: $113.6 million
  - Net income: $(80.3) million
  - EPS: $(0.31) per diluted share
  - Result: reported results
  source text: Total revenue for fiscal year 2025 was $113.6 million, a 5% increase compared to $108.0 million in fiscal year 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1710350/000121390026037587/0001213900-26-037587-index.htm

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