Business
Bit Digital is shifting toward an ETH staking and treasury model while retaining exposure to cloud services, HPC data centers, and legacy digital asset mining.
Bit Digital grew FY2025 revenue 5.1%, but cash burn exploded, net income swung to a loss, and forensic screens were deeply cautionary.
The read at a glance✓ Audited against SEC data
- Business mix — ETH treasury, cloud, miningNote
- Revenue — $113.6M, +5.1%Note
- Net income — -$80.3MWatch
- FCF — -$574.9MWatch
- Equity — $724.0M, +56.2%OK
- Insiders — 0 purchases / 2 salesWatch
- Accounting — Altman distress; Beneish flagged; EQ distressWatch
Where the revenue comes from
Fiscal 2025, as Bit Digital, Inc reports it. History and quarterly detail are in the app.
- Cloud Services$68.8M
- Digital Asset Mining$27.3M
- Colocation Services$8.9M
- ETH Staking$7.0M
- Other Revenue$1.5M
Leadership changes
From Bit Digital, Inc's own filings, the day they're filed.
- Justin Zhu · Chief Accounting Officer · appointmenteff. 2025-07-25
- Erke Huang · Chief Financial Officer · departure
Latest filings
- 8-K · Company announcement2026-08-13
- 10-Q · Quarterly report2026-08-13
- 8-K · Company announcement2026-08-03
- 8-K · Company announcement2026-07-30
- 8-K · Company announcement2026-06-30
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- Main tension🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Bit Digital, Inc, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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