Bit Digital reported a significant increase in Q3 2025 revenue, reaching $30.5 million, compared to $22.8 million in the same period last year. This growth was primarily driven by $2.9 million in Ethereum staking revenue and the full consolidation of its WhiteFiber subsidiary post-IPO. The company's net income soared to $146.7 million, a stark contrast to the $38.8 million loss previously, highlighting a strategic pivot towards building an Ethereum treasury.
Despite a decline in crypto mining revenue to $7.4 million due to a reduced hash rate, Bit Digital's cloud services revenue increased to $18.0 million. The company's Ethereum holdings expanded to 153,547 ETH, valued at $590.5 million as of October 31.
Bit Digital Q3 Revenue Surges to $30.5M on Ethereum Staking and WhiteFiber
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