Bit Digital ($BTBT) Q3 net profit KRW 38.1 billion... revenue down 11%
Original headline비트디지털($BTBT) 3분기 순익 381억원…매출 11% 감소
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Bit Digital ($BTBT) reported $28.5 million in net income attributable to shareholders for Q3 2026, alongside a revenue decline of 11% year-over-year to $27.1 million from $30.5 million. The company held 163,725.9 ETH as of September 30, valued at $439.4 million at the period-end price. The quarter's profit contrasts with Q2, when net income attributable to shareholders was $107.2 million. The results, disclosed in an SEC filing, highlight the growing weight of the company's Ethereum treasury on its balance sheet relative to its mining revenue. Watch for changes in BTBT's ETH holdings and staking activity, and whether revenue stabilizes in the coming quarters.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
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Bit Digital, Ethereum (ETH), Foresight News, SEC
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