Bit Digital
Coverage of Bit Digital in the Nexus archive.
- Bit Digital buys $20M worth of Ethereum, expands treasury to 158K ETH
Bit Digital purchased $20M worth of Ethereum, expanding its treasury to 158K ETH. The purchase made the Nasdaq-listed company the fourth-largest public corporate holder of Ether, surpassing Coinbase Global according to CoinGecko data.
- Bit Digital bought $20 million ETH for first time since October before 15% plunge
Bit Digital purchased $20 million in Ethereum for the first time since October, preceding a 15% price decline. The company's move highlights renewed interest in cryptocurrency investments despite market volatility.
- Bit Digital extends $100 million loan facility to WhiteFiber, backed by Ethereum credit line
Bit Digital has extended a $100 million loan facility to WhiteFiber, secured by an Ethereum-denominated credit line, allowing Bit Digital to maintain exposure to Ethereum.
- Bit Digital reports 14% revenue drop in Q1, driven by lower ETH staking rewards
Bit Digital's revenue dropped by 14% in Q1 due to lower ETH staking rewards, generating $27.9 million in total revenue, a 13.6% decrease from Q4 2025. The company's revenue decline is attributed to decreased staking rewards. Bit Digital's financial performance was impacted by this decline.