Bit Digital announces Q2 financial report: total revenue of 25.7 million dollars, holding 120,000 ETH.

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On August 15, Bit Digital (BTBT) announced its second quarter financial report, with total revenue of $25.7 million, a decrease of 11.7% compared to $29 million in the second quarter of 2024. Revenue from digital asset mining was $6.6 million, a decrease of 58.8% compared to $16.1 million in the same period last year. Revenue from ETH staking was $400,000, with a net profit of $14.9 million.

As of August 11, Bit Digital holds 121,076 ETH, with an actively staked amount of 105,015 ETH.

ETH1.11%
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WagmiWarriorvip
· 1h ago
Mining and mining, and then I lost money.
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ApyWhisperervip
· 9h ago
120,000 eth sitting idle?
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0xInsomniavip
· 10h ago
What kind of air is this? Losing so badly.
View OriginalReply0
FlatTaxvip
· 10h ago
The numbers are so bad, yet I've hoarded quite a few coins.
View OriginalReply0
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