COINTELEGRAPH · 2026-11-12 13:52 UTC

Bit Digital stock falls 5% in pre-market after Q3 revenue miss

Bit Digital reported Q3 revenue of $27.1 million, down 11% from $30.5 million a year earlier and about 16% below analyst consensus of roughly $32.2 million. Ether staking revenue fell about 66% to $1 million, while Bitcoin mining revenue dropped to $2 million from $7.4 million, which the company tied to the continued winddown of that business. The company held 163,725 ETH worth $439.4 million and reported net income of $28.5 million, or 8 cents per diluted share; shares fell 9.3% in premarket trading.

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