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Bit Digital swings to Q3 2026 net income of $28.5 million from Q2 loss

By Public Technologies
  • Bit Digital swung to third-quarter 2026 net income attributable to shareholders of $28.5 million from a second-quarter loss of $107.2 million.
  • Total revenue fell 11% year over year to $27.1 million.
  • Colocation revenue more than tripled year over year to $5.6 million, supported by MTL-3 becoming fully operational and NC-1's initial contribution.
  • ETH staking revenue dropped 66% year over year to $1 million due to repositioning ETH into liquid staking to collateralize WhiteFiber financing.
  • Management is considering share repurchases, subject to shareholder approval and a funding plan that maintains sufficient liquidity.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bit Digital Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-118267), on November 12, 2026, and is solely responsible for the information contained therein.

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