Bit Digital stock falls 5% in pre-market after Q3 revenue miss
Summary
Bit Digital shares fell 9.3% in premarket trading after the company reported third-quarter revenue of $27.1 million, down 11% year over year and about 16% below analyst estimates. Net income attributable to shareholders was $28.5 million, or $0.08 per diluted share. Ether staking revenue declined to $1 million from $2.9 million a year earlier, while Bitcoin mining revenue fell to $2 million from $7.4 million as the company winds down mining. Bit Digital held 163,725 ETH worth $439.4 million and said it shifted its treasury strategy from Bitcoin to Ether in July 2025.
