Bit Digital, Inc. (NASDAQ:BTBT) posted third-quarter 2025 results that exceeded revenue expectations, though shares slipped following the release. The company continued its pivot toward Ethereum-focused operations, supported by strong gains in digital assets and growing cloud and staking revenue.
Bit Digital reported Q3 revenue of $30.5 million, a 33% increase from $22.8 million last year and slightly above the $30.3 million analyst estimate. The company recorded net income of $146.7 million, or GAAP earnings per share of 0.47 cents, a sharp reversal from a $38.8 million loss in the prior-year period.
