Key facts
- Bit Digital reported $27.1 million in third-quarter revenue, down 11% from $30.5 million a year earlier.
- Revenue came in nearly 16% below analyst consensus of about $32.2 million, a $5.1 million shortfall, per Yahoo Finance.
- Net income attributable to shareholders was $28.5 million, or 8 cents per diluted share, per the SEC filing.
- Ether staking revenue was $1 million, down about 66% from $2.9 million a year earlier.
- Bitcoin mining revenue was $2 million, down from $7.4 million, which Bit Digital said was consistent with the winddown of the business.
- Bit Digital reported 163,725 in total ETH holdings worth $439.4 million.
Bit Digital reported third-quarter revenue of $27.1 million on November 12, 2026, down 11% from $30.5 million a year earlier, according to its Thursday SEC filing. The figure came in nearly 16% below analyst consensus estimates of about $32.2 million, a $5.1 million shortfall, according to Yahoo Finance.
Shares in the Nasdaq-listed Ethereum treasury and AI infrastructure company fell 9.3% in premarket trading on Thursday following the results.
Net income attributable to shareholders was $28.5 million, or 8 cents per diluted share. Ether staking revenue was $1 million, down about 66% from $2.9 million a year earlier. Bitcoin mining revenue was $2 million, down from $7.4 million. Bit Digital said the decline in mining revenue was "consistent with the continued winddown of the business."
The company reported 163,725 in total ETH holdings worth $439.4 million. It said it pivoted its corporate treasury strategy from Bitcoin to Ether in July 2025.