BTBT Research | Milton Maxwell

BTBT

Bit Digital, Inc.

2.1000

+0.0300+1.45%

Dec 16, 4:00:01 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

679.72M

P/E (TTM)

3.18

Basic EPS (TTM)

0.66

Dividend Yield

Recent Filings

8-K

Director resigns amicably

12/12/25Dec 12, 2025

Bit Digital's board accepted Jiashu ('Bill') Xiong's resignation effective January 1, 2026, after his service since October 2023. No disagreements on operations, policies, or practices. Smooth exit. Board shrinks without disruption.

8-K

Board shakeup adds crypto expertise

12/12/25Dec 12, 2025

Bit Digital reshuffles its board: Xiashu Xiong resigns effective January 1, 2026, after joining in 2023; Zhaohui Deng steps down as Chairman to independent director on December 9, 2025. Board elects crypto expert Amanda Cassatt for a one-year term starting January 1, 2026, granting her entity $200,000 in RSUs. Her firm Serotonin provides Ethereum narrative, social media, and PR strategy for $30,000 monthly under a renewable consulting deal. New blood brings blockchain savvy.

10-Q

Q3 FY2025 results

11/14/25Nov 14, 2025

Bit Digital swung to Q3 FY2025 operating income of $141.8M, up from a $36.6M loss y/y, fueled by $168M digital asset gains yet cloud services revenue climbed 48% y/y to $18M on expanded GPU deployments. Total revenue hit $30.5M, +33% y/y, with ETH staking up 542% y/y to $2.9M from higher staked ETH (99,936 vs prior); mining dipped 27% y/y to $7.4M (derived). Cash swelled to $179M on $453M equity raises including WhiteFiber IPO proceeds, funding $271M PP&E and $424M ETH holdings; no debt drawn. Diluted EPS $0.47 tracks $150.9M net income over 319M shares. Volatility shadows crypto treasury bets.

8-K

Q3 revenue jumps 33%

11/14/25Nov 14, 2025

Bit Digital reported Q3 2025 revenue of $30.5 million, up 33% year-over-year, fueled by WhiteFiber consolidation and ETH staking surge to $2.9 million. Net income flipped to $146.7 million from a $38.8 million loss, boosted by $146 million digital asset gains; ETH holdings hit 122,187 by quarter-end, now 153,547. Bitcoin mining winds down.

8-K

Q3 prelims: strong revenue, cash

10/31/25Oct 31, 2025

Bit Digital announced preliminary Q3 revenue of $28.9M-$32.0M and cost of revenue (ex-depreciation) of $11.5M-$12.7M, ending September 30 with $173.7M-$184.5M in cash. Figures await final closing. Cash piles high.

About

Bit Digital, Inc., together with its subsidiaries, engages in the institutional grade ethereum treasury and staking business. It also designs and operates data centers and cloud solutions for AI training and inference workloads supported by renewable energy in Canada and Iceland. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, Inc. was founded in 2015 and is headquartered in New York, New York.

CEO

Mr. Samir Tabar

IPO

3/20/2018

Website

https://www.bit-digital.com

Employees

Sector

Financial Services

Industry

Capital Markets