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Bit Digital Inc

Bit Digital, Inc., together with its subsidiaries, engages in the institutional grade ethereum treasury and staking business. The company designs and operates data centers that provides hosting and colocation services; and cloud solutions for AI training and inference workloads. It is also involved in digital asset mining business. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, Inc. was founded in 2015 and is headquartered in New York, New York.

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Digital Finance & Tokenization▼2

Bit Digital Q2 Loss Widens Despite Revenue Beat on Cloud Growth

Bit Digital reported a second-quarter 2026 loss of 6 cents per share, wider than the year-ago loss of 3 cents and missing the Zacks Consensus Estimate of a 5-cent loss. Revenues rose 25.1% year over year to $32.11 million, beating the consensus mark by 47.9%, led by cloud and colocation services. Cloud services revenues increased 43.5% year over year to $23.8 million, while colocation contributed $4.7 million. The company faced heavy cost pressure, including a $46 million impairment related to LsETH and $28.8 million of losses on digital assets, pushing total operating expenses to $114.7 million. Bit Digital also raised $50 million against part of its ETH treasury and provided WhiteFiber with a delayed-draw term facility carrying commitments of up to $150 million.
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Artificial Intelligence▲

Barclays Says Bit Digital to Benefit from AI Infrastructure Buildout

Barclays has identified Bit Digital as a company poised to benefit from the AI infrastructure buildout, citing expected significant increases in hyperscaler capital expenditure. The firm believes Bit Digital is essential to digital infrastructure expansion, noting the company has shifted from Bitcoin mining to providing cloud infrastructure for AI workloads. Bit Digital remains involved in crypto through its Ethereum treasury, which recently grew to approximately 158,461.75 tokens after a $20 million purchase of 8,568 Ether. The company provides AI infrastructure solutions via its majority-owned WhiteFiber, which builds and operates data centers for AI and high-performance computing.
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Artificial Intelligence Cloud & Digital Infrastructure
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