Bit Digital, Inc. — Third Quarter 2026 Earnings Summary

Bit Digital, Inc. reported third-quarter 2026 total revenue of $27.1 million, driven by a 232% year-over-year increase in colocation services and a return to positive GAAP earnings of $28.5 million. The company's strategic focus has shifted toward Ethereum and AI infrastructure, resulting in a 19% sequential rise in colocation revenue and a 14% increase in native ETH staking revenue. As of September 30, 2026, Bit Digital held approximately 163,726 ETH valued at $439.4 million and maintained a 59.7% ownership stake in WhiteFiber Inc. with an implied value of $487 million. Concurrently, the company continued to wind down its Bitcoin mining operations, which saw revenue decline 63% year-over-year, while reducing debt through repayments totaling $60 million in the quarter.