Bit Digital Inc Stock Price, News & Analysis

Bit Digital (Nasdaq: BTBT) reported October 2025 monthly Ethereum treasury and staking metrics. As of October 31, 2025, the company held approximately 153,546.9 ETH with a market value of about $590.5M at a closing ETH price of $3,845.79. During October the company acquired 31,057.3 ETH and staked an additional 32,544 ETH.

Total average ETH acquisition price was $3,045.14. Total staked ETH was ~132,480, representing ~86.3% of holdings. Staking generated ~249 ETH in rewards during the period, an annualized yield of ~2.93%. Shares outstanding were 322,140,256. The company also holds ~27.0M WhiteFiber (WYFI) shares valued at ~$917.7M as of October 31, 2025.

Bit Digital (Nasdaq: BTBT) used net proceeds from a $150 million convertible notes offering to buy approximately 31,057 ETH, bringing its total holdings to about 150,244 ETH.

The notes were priced with an initial conversion price of $4.16, an 8.2% premium to the company's estimated mark-to-market net asset value (mNAV $3.84 per share as of Sept 29, 2025). mNAV was calculated from 121,252 ETH valued at $4,229 each and 27,043,749 WYFI shares valued at $26.74, for a combined value of approximately $1.236 billion on 321.4 million shares outstanding.

Bit Digital (Nasdaq: BTBT) reported its September 2025 Ethereum treasury and staking metrics. As of September 30, 2025, the company held approximately 122,187 ETH with a market value of about $506.6 million (ETH close $4,145.99). Total average ETH acquisition price was $2,643.27. The company had ~99,936 ETH staked (~81.8% of holdings), generating ~291 ETH in rewards for an annualized yield of ~3.37%. Shares outstanding were 321,435,847. Subsequent to Sept 30, Bit Digital completed a $150 million convertible notes offering to fund additional ETH purchases.

Bit Digital (NASDAQ:BTBT) has announced the pricing of its upsized convertible senior notes offering, totaling $135 million with a 4.00% interest rate and maturity date of October 1, 2030. The company has also granted underwriters a 30-day option to purchase an additional $15 million in notes.

The notes will be convertible at an initial rate of 240.3846 shares per $1,000 principal amount, equivalent to a conversion price of $4.16 per share, representing a 30% premium over the last reported share price of $3.20. The company expects net proceeds of approximately $128.9 million, which will primarily be used to purchase Ethereum and for general corporate purposes.

The offering, led by Barclays, Cantor, and B. Riley Securities as joint book-running managers, is expected to close on October 2, 2025.

Bit Digital (NASDAQ:BTBT) has announced a proposed registered underwritten public offering of $100 million in convertible senior notes due 2030. The company is also granting underwriters a 30-day option to purchase up to an additional $15 million in notes to cover over-allotments.

The notes will be senior, unsecured obligations maturing on October 1, 2030, with holders having the option to convert prior to maturity. Upon conversion, Bit Digital may pay in cash, ordinary shares, or a combination thereof. The net proceeds will primarily be used to purchase Ethereum and for general corporate purposes.

The offering is being managed by Barclays, Cantor, and B. Riley Securities as joint lead book-running managers, and will be conducted through an effective shelf registration statement on Form S-3.

WhiteFiber (Nasdaq: WYFI), an AI infrastructure and HPC solutions provider, reported its Q2 2025 financial results, marking its first earnings release as a public company following its August IPO. The company achieved total revenue of $18.7 million, up 48% year-over-year, with cloud services revenue of $16.6 million (+33% YoY) and colocation services revenue of $1.7 million.

Key developments include the completion of its IPO raising $183 million, with Bit Digital (Nasdaq: BTBT) maintaining 71.5% ownership, acquisition of a one-million-square-foot data center in North Carolina (NC-1), and securing a CAD $60 million debt facility with Royal Bank of Canada. The company also began installing wafer-scale systems for Cerebras under a 5MW IT load contract.

Financial metrics show gross profit of $11.5 million and Adjusted EBITDA of $3.3 million, though the company reported a net loss of $8.8 million for the quarter.

Bit Digital (NASDAQ:BTBT) has released its Ethereum treasury and staking metrics for August 2025. The company held 121,252 ETH with a market value of approximately $532.5 million based on the August 31 closing price of $4,391.91.

The company has staked ~105,031 ETH, representing 86.6% of its total holdings. These staking operations generated 249 ETH in rewards during August, achieving an annualized yield of 2.94%. Additionally, Bit Digital maintains ownership of approximately 27.0 million WhiteFiber (WYFI) shares and reports 321,432,722 shares outstanding.

Bit Digital (NASDAQ:BTBT) reported Q2 2025 financial results, marking a strategic shift to become a pure-play Ethereum treasury and staking platform. Total revenue was $25.7 million, down 11.7% year-over-year, while net income reached $14.9 million ($0.07 per share). The company completed the IPO of its WhiteFiber subsidiary, retaining a 74.3% stake valued at $468.4 million.

The company's ETH holdings significantly increased to 121,076 ETH (valued at $511.5 million as of August 11, 2025), with 105,015 ETH actively staked. Bit Digital is sunsetting its bitcoin mining operations, which generated 68.2 BTC in Q2. Cash and cash equivalents stood at $181.2 million, while total digital assets were $91.2 million as of June 30, 2025.

Bit Digital (NASDAQ:BTBT) has scheduled its Second Quarter 2025 financial results announcement for Thursday, August 14, 2025, after market close. The company will host a conference call and live webcast to discuss the results on August 15, 2025, at 10:00 a.m. ET.

Investors can participate by dialing 1-800-289-0462 (passcode: 423774) or registering through the provided link. The earnings press release will be available on the company's website at www.bit-digital.com.