Bit Digital Earnings Reports

The company reported $25.7M in revenue and $14.9M in net income for Q2 2025, boosted by a $27.2M gain on digital assets. Cloud services led revenue generation as the firm continued transitioning into an Ethereum-native staking platform.

Bit Digital generated $25.1M in revenue but reported a net loss of $44.5M for Q1 2025, driven by mark-to-market losses and a decline in mining revenue. Strong growth in cloud and colocation segments partially offset the impact.

Bit Digital delivered revenue of $26,100,000 in Q4 2024, reflecting a shift in its business model. Net income surged to $28,305,810, driven by operational efficiency and gains on digital assets. EPS improved to $0.20, signaling strong profitability.