- Bit Digital filed an annual report on Form 10-K, reporting revenue of USD 113.6 million and net loss of USD 84.9 million.
- Cloud services revenue rose 50.4% to USD 68.8 million, driven by more deployed GPU servers, partly offset by a USD 2.0 million service credit accrual.
- Digital asset mining revenue fell 53.4% to USD 27.3 million, reflecting 679.2 fewer bitcoins generated, partly offset by a higher average BTC price.
- ETH staking revenue increased nearly 3.9x to USD 7.05 million, as ETH earned from staking rose to 1,988.8 ETH in native staking and 52.9 ETH in liquid staking.
- Management said it initiated a strategic transition to become a pure-play ETH staking and treasury company, including converting BTC holdings into ETH over time and winding down bitcoin mining operations.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bit Digital Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-035544), on March 27, 2026, and is solely responsible for the information contained therein.
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