Bit Digital Q2 Revenue Rises 15% to $32.1M, Net Loss Narrows

Bit Digital reports Q2 revenue of $32.1M and gross margin of 57.9%. Net loss shrinks to $107.2M. Holdings include 164,310.5 ETH and $83.6M cash.

Woofun AI reports that Bit Digital (BTBT) disclosed its second-quarter 2026 financial results, recording total revenue of $32.1 million, a 15% quarter-on-quarter increase. Gross profit reached $18.6 million, yielding a 57.9% gross margin.

The net loss attributable to shareholders decreased to $107.2 million from $146.7 million in the prior quarter. As of June 30, 2026, the firm held approximately 164,310.5 ETH and $83.6 million in cash and equivalents.