Bit Digital (NASDAQ: BTBT) reported a net profit of $14.9 million for Q2 2025, marking a significant financial milestone. The company's total digital assets reached $91.2 million by the end of the quarter.
In a strategic shift, Bit Digital sold all its Bitcoin holdings and pivoted towards Ethereum. The company now holds over 121,000 ETH, valued at approximately $512 million, with more than 105,000 ETH staked, underscoring its commitment to Ethereum's ecosystem.
Bit Digital Posts $14.9M Q2 Profit, Transitions to Ethereum Holdings
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