Bit Digital, Inc

Bit Digital, Inc. operates as a bitcoin mining company. The firm focuses on its mining business located globally in Asia, Canada, and the United States. The company was founded in November 2015 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Bit Digital reports stellar Q1 results, eyes expansion and margin growth

Bit Digital's Q1 performance reflects robust growth in revenue and profitability, driven by strong results in both Bitcoin mining and high-performance computing services. The company is strategically positioned to capitalize on opportunities for expansion and margin improvement while navigating challenges related to market volatility and operational efficiency.

Bit Digital posts stellar Q2 results, eyes growth amid challenges

Bit Digital's Q2 performance reflects robust revenue growth and operational efficiency, though profitability was impacted by digital asset valuation losses.
The company's financial strength, strategic partnerships, and focus on high-growth areas position it well for future expansion and value creation.
To capitalize on opportunities and address challenges, Bit Digital aims to optimize profitability, manage digital asset risks, and explore growth avenues.

Bit Digital shifts focus to HPC, reports strong Q3 growth

Bit Digital's Q3 performance reflects strong revenue growth driven by the HPC business, with a focus on operational efficiency and strategic investments.
The company's balance sheet strength and debt-free status provide a solid foundation for future growth and potential debt financing for HPC expansion.
Strategic initiatives such as the Enovum acquisition, scaling HPC operations, and fleet upgrades position Bit Digital for long-term success and market leadership.

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Bit Digital, Inc. engages in the digital asset mining business and Ethereum staking activities. The company was founded in November 2015 and is headquartered in New York, NY.

NEW YORK, April 7, 2022 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a bitcoin mining company headquartered in New York, today announced a revised agreement with hosting partner Compute North LLC ("Compute North"). The revised agreement replaces and extends the term of a previous agreement for an additional 5 years and provides for approximately 6.5 MW of hosting capacity for 2,000 miners.

Bit Digital, Inc. Announces Revised Hosting Agreement and Equipment Upgrade with Compute North

NEW YORK, April 5, 2022 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ: BTBT) and BitMine Immersion Technologies, Inc. (OTC: BMNR) announce the signing of a Letter of Intent to establish a hosting relationship beginning with 7,000 current generation ASIC miners. The final agreement is expected to be completed in the coming weeks.

Bit Digital, Inc. and BitMine Immersion Technologies, Inc. Sign Letter of Intent for Hosting 7,000 ASIC Mining Computers

NEW YORK, March 24, 2022 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a bitcoin mining company headquartered in New York, announced today that it will be presenting virtually at the Ladenburg Thalmann Virtual Special Crypto Expo on Thursday, March 24th, at 08:30 AM ET. Bryan Bullett, CEO of Bit Digital, Inc., will be giving the presentation.

Bit Digital, Inc. Announces Conference Participation and Updated Investor Presentation

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NEW YORK, Feb. 24, 2022 /PRNewswire/ -- Bit Digital (NASDAQ: BTBT), a leading digital mining company headquartered in New York City with facilities across North America, today announced that the Company has appointed Cameron Schnier as Head of Investor Relations. He will report to Chief Strategy Officer Sam Tabar while overseeing investor relations activities, corporate marketing events, and liaising with equity research coverage.

BIT DIGITAL APPOINTS CAMERON SCHNIER AS HEAD OF INVESTOR RELATIONS

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The price of Bitcoin was up, and so are the quantities of tokens these companies are mining.

Why Bitcoin Mining Stocks Soared on Friday

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MARA, HUT, RIOT, BTBT: Why Are Bitcoin Mining Stocks Shooting Higher Today?

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A recent filing with the SEC is causing investors to move out of the Bitcoin mining stock.

Why Bit Digital Stock Is Plummeting Today

Why Bitcoin Miners Dropped Like Rocks Today

China Rapid Finance

Bitcoin miners are showing what leveraged exposure to Bitcoin can mean in the short term.

Bitcoin Miners Bit Digital, Canaan, and SOS Are Flying High This Week

Crypto mining stocks struggled today, along with the broader crypto market.

Why Shares of Riot Blockchain, Hive Blockchain, Bit Digital, and Bitfarms Are All Down Today

NEW YORK, Dec. 23, 2021 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a bitcoin mining company headquartered in New York, today announced its unaudited financial results for the third quarter ended September 30, 2021. Financial Highlights for the Third Quarter 2021 Revenue from bitcoin mining was $10.4 million.

Bit Digital, Inc. Announces Third Quarter of Fiscal Year 2021 Financial Results

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Carnival

Three companies we previously previewed reported results late Wednesday or early Thursday.

Earnings Previews: Bit Digital, Blade Air Mobility, Carnival

NEW YORK, Dec. 15, 2021 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a public bitcoin mining company headquartered in New York, is pleased to announce its new investor presentation is now available on the Company's website in the Investors section. Bit Digital is an American sustainability-focused generator of digital assets with a mission to build the largest global digital asset mining platform.

Bit Digital Announces New Investor Presentation

Bit Digital in a way personifies the harm which abrupt Chinese state action against Bitcoin mining can inflict to a miner. Far from choosing the easy route and just relocating to some nearby country, the company has chosen stable North American jurisdictions plus a distributed footprint across the U.S.

Bit Digital: 'Out Of China' Bitcoin Mining Operations Update, Valuable Stock But Wait For Q4

NEW YORK, Dec. 7, 2021 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a public bitcoin mining company headquartered in New York, announced today it has become a member of the Bitcoin Mining Council (BMC), joining MicroStrategy and founding members Argo Blockchain, Core Scientific, Marathon Digital Holdings, Riot Blockchain and Galaxy Digital, among others.  Mr.

Bit Digital Joins the Bitcoin Mining Council (BMC) at the Invitation of Michael Saylor, Founding Member

The stock price of Bit Digital Inc (NASDAQ: BTBT) fell by over 6% pre-market today. This is why it happened.

Bit Digital Stock (BTBT): Why The Price Fell Today

NEW YORK, Nov. 17, 2021 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a bitcoin mining company headquartered in New York, announced its unaudited bitcoin production and mining operations update for the third quarter ended September 30, 2021. Preliminary Third Quarter 2021 Highlights We completed our fleet's exit from China.

Bit Digital, Inc. Announces Bitcoin Production and Mining Operations Update for the Third Quarter of 2021

Altimeter Growth

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Progenity

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5 Short Squeeze Candidates To Watch: Huadi Tops List, Altimeter Group And Bit Digital Rejoin Leaderboard

Is Bit Digital a Short-Squeeze Stock?

Slipstreaming behind gains on major cryptocurrencies such as Bitcoin (CRYPTO:BTC), cryptocurrency mining companies had a fine Monday. HIVE Blockchain Technologies (NASDAQ:HIVE) and Hut 8 Mining (NASDAQ:HUT) both closed the day nearly 10% higher, while Bit Digital (NASDAQ:BTBT) posted an almost 6% gain.

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Sphere 3D

Crypto mining stocks are booming to start the week. Bitcoin's high prices and low energy-to-mine are helping to turn great profits.

Crypto Mining Stocks: Why MARA, RIOT, ANY, HUT, BTBT Are Gaining Today

News for Bit Digital, Inc Stock (BTBT)