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AI brief of an SEC Form 8-K · Bit Digital, Inc (BTBT)

Bit Digital Q2 revenue rises 15% to $32.1 million; net loss narrows to $107.2 million

Mixed Impact 3 of 5 earnings Written later

Bit Digital reported second quarter 2026 revenue of $32.1 million, up 15% from $27.9 million in the first quarter, and a net loss attributable to shareholders of $(107.2) million, or $(0.31) per diluted share, compared with $(146.7) million, or $(0.45) per share, in the prior quarter. The company said non-cash movements on digital assets and non-operating items accounted for about $86 million of the quarterly loss, and it raised $50 million against its ether treasury to fund a financing facility for its WhiteFiber subsidiary.

Key points

  • Total revenue was $32.1 million for the quarter, up 15% from $27.9 million in the first quarter of 2026.
  • Net loss attributable to Bit Digital shareholders was $(107.2) million, or $(0.31) per diluted share, versus $(146.7) million, or $(0.45) per share, in the first quarter.
  • Non-cash movements on digital assets and non-operating items together accounted for about $86 million of the quarterly loss.
  • CEO Sam Tabar said the Board is evaluating options to address the gap between the company's operating results and its valuation.

The filing

CompanyBit Digital, Inc (BTBT)
Form8-K, current report
Filed with the SECAug 13, 2026, 9:24 AM ET
Accession number0001213900-26-088768

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 13, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.