Welcome to our dedicated page for Bit Digital news (Ticker: BTBT), a resource for investors and traders seeking the latest updates and insights on Bit Digital stock.
Bit Digital, Inc. (NASDAQ: BTBT) is a publicly traded digital asset platform focused on Ethereum-native treasury and staking strategies, and its news flow reflects this focus on ETH and digital infrastructure. Regular press releases provide detailed monthly updates on the company’s Ethereum treasury, including total ETH holdings, the proportion staked, staking rewards earned, and estimates of onchain yield. These disclosures give readers insight into how Bit Digital is executing its ETH accumulation and staking strategy over time.
Beyond treasury metrics, Bit Digital’s news includes quarterly financial results, where the company breaks down revenue contributions from digital asset mining, cloud services, colocation services, and ETH staking. These updates also describe the ongoing wind-down of its bitcoin mining operations and the growing role of ETH staking and cloud-related segments in its business mix.
Another recurring theme in Bit Digital news is its relationship with WhiteFiber Inc. (Nasdaq: WYFI), an AI infrastructure and high-performance computing provider in which Bit Digital holds a majority equity stake. Releases discuss WhiteFiber’s public listing, consolidation into Bit Digital’s financial statements, and infrastructure build-out plans. Corporate developments such as board appointments, governance changes, capital raises through convertible notes, and shareholder meetings are also covered in current reports and press announcements.
Investors and observers who follow BTBT news can use this page to monitor updates on ETH treasury size, staking performance, capital markets activity, and the evolution of Bit Digital’s segments and governance. Bookmarking the news feed helps track how the company’s Ethereum and AI infrastructure strategy is reflected in its ongoing disclosures.
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.
Bit Digital (Nasdaq: BTBT) has expanded its Ethereum holdings by purchasing 19,683 ETH using proceeds from its recent $67.3 million registered direct offering to institutional investors. The company now holds approximately 120,306 ETH, positioning it among the largest institutional Ethereum treasuries in public markets.
The company stakes the majority of its ETH holdings and operates validators to earn yield while supporting the Ethereum network's security. Bit Digital views Ethereum as fundamental to digital financial infrastructure, citing its programmable nature, growing adoption, and staking yield model as key advantages.
Bit Digital (NASDAQ:BTBT) has announced that its wholly-owned HPC subsidiary, WhiteFiber Inc., has filed a Form S-1 registration statement with the SEC for its proposed initial public offering. WhiteFiber plans to list on the Nasdaq Capital Market under the symbol "WYFI".
B. Riley Securities and Needham & Company will serve as joint-bookrunning managers for the offering. The number of shares and price range have not yet been determined, and the offering is subject to market conditions and SEC review.
WhiteFiber has announced its public filing of a registration statement on Form S-1 with the SEC for a proposed Initial Public Offering (IPO). The company plans to list its ordinary shares on the Nasdaq Capital Market under the symbol "WYFI."
B. Riley Securities and Needham & Company will serve as joint-bookrunning managers for the offering. The specific details regarding the number of shares and price range are yet to be determined, and the offering remains subject to market conditions and SEC review.
Bit Digital (NASDAQ:BTBT) has announced a registered direct offering of 22 million ordinary shares at $3.06 per share to institutional investors. The offering is expected to generate approximately $67.3 million in gross proceeds before deducting fees and expenses.
The offering, managed exclusively by B. Riley Securities as the Placement Agent, is anticipated to close around July 15, 2025. Notably, Bit Digital plans to use the net proceeds to purchase Ethereum. The offering is being conducted under a shelf registration statement that became effective on June 20, 2025.
Bit Digital (NASDAQ:BTBT) has completed a strategic shift to become a major Ethereum-focused treasury company. The company raised $172 million through a public offering and sold 280 BTC to acquire Ethereum, bringing its total ETH holdings to approximately 100,603 ETH.
Led by CEO Sam Tabar, Bit Digital has transformed from its previous Bitcoin position to become one of the largest corporate ETH holders among public companies. The company held 24,434 ETH as of March 31, 2025, and has significantly expanded its position through recent acquisitions, with plans to continue growing its ETH holdings aggressively.
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