Bit Digital, Inc. (BTBT)
NASDAQ:BTBT
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Earnings Data
Report Date
Aug 13, 2026Before Open (Not Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.04Last Year’s EPS
0.07Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a balanced view: management emphasized a deliberate strategic pivot toward Ethereum treasury/staking, AI infrastructure (WhiteFiber) and recurring infrastructure revenue, underscored by sizable asset positions (≈$327M ETH value and ≈$322M WhiteFiber stake) and active M&A/partnership activity (Ethereum Foundation approval). However, near-term operating results showed meaningful headwinds — total revenue down ≈13.7% QoQ, staking and mining revenues down ≈29–33% QoQ, cash and reported digital asset values declined ~33% and ~29% respectively, and a large net loss persisted (though narrowed ≈20.8% QoQ). Overall, positives around long-term strategic positioning and strong asset backing are tempered by significant near-term mark-to-market losses, revenue declines and liquidity drawdown.Company Guidance
Significant Ethereum Treasury Position
Holds approximately 155k ETH (market value ≈ $327M using ~$2.1k/ETH on March 31) with a blended acquisition cost of ≈ $3.03–$3.04k/ETH, providing sizeable treasury exposure and staking upside.
Large Strategic WhiteFiber Stake
Maintains ~27 million WhiteFiber shares valued at ≈ $322M as of March 2026; management views WhiteFiber as a long-term strategic holding and does not intend to monetize in 2026.
Revenue Mix Shift Toward Infrastructure and Staking
Company is actively transitioning revenue mix away from legacy Bitcoin mining toward Ethereum staking, colocation and cloud infrastructure to build more durable, recurring revenue streams.
Colocation Revenue Growth
Colocation services revenue increased ~23.9% quarter-over-quarter to $4.8M, indicating demand strength in that segment.
Net Loss Narrowed QoQ
Net loss improved from $185.3M in Q4 2025 to $146.7M in Q1 2026, a reduction of ≈ 20.8% quarter-over-quarter, partially reflecting repositioning and fewer non-recurring impacts.
Strategic and Regulatory Progress
Approved by the Ethereum Foundation to purchase ETH directly (management cites this as a validation of long-term commitment). The Clarity Act advanced through the Senate Banking Committee, which could support institutional adoption and market structure clarity.
Active M&A and Capital Allocation Focus
Management is engaged in diligence on acquisition targets aligned with infrastructure and treasury strategy and indicates balance sheet capacity to pursue opportunistic deals while prioritizing disciplined capital allocation.
WhiteFiber-Related Financing and Consolidation
Comparable notes increased to $334M driven by issuance by WhiteFiber that are consolidated on BitDigital’s financials, reflecting deeper integration with the WhiteFiber asset.
BTBT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BTBT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2026 | $2.13 | $1.80 | -15.26% |
Mar 31, 2026 | $1.31 | $1.38 | +5.34% |
Nov 14, 2025 | $2.52 | $2.41 | -4.37% |
Aug 14, 2025 | $3.19 | $3.01 | -5.64% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Bit Digital, Inc. (BTBT) report earnings?
Bit Digital, Inc. (BTBT) is schdueled to report earning on Aug 13, 2026, Before Open (Not Confirmed).
What is Bit Digital, Inc. (BTBT) earnings time?
Bit Digital, Inc. (BTBT) earnings time is at Aug 13, 2026, Before Open (Not Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BTBT EPS forecast?
BTBT EPS forecast for the fiscal quarter 2026 (Q2) is -0.04.