Bit Digital Releases Financial Report: Net Profit Reaches $14.9 Million in the Second Quarter



According to Hash World News, Bit Digital announced its financial report for the second quarter of 2025, with a net profit of $14.9 million. Total revenue for the quarter was $25.7 million, a year-on-year decrease of 11.7%. Revenue from digital asset mining was $6.6 million, a year-on-year decrease of 58.8%. Revenue from cloud services was $16.6 million, a year-on-year increase of 32.8%. ETH staking revenue decreased by 2.3% to $400,000. Adjusted EBITDA was $27.8 million, compared to $3.8 million in the same period last year. The company has initiated a strategic transformation, focusing on Ethereum fund management and staking.

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