Bit Digital Releases Q3 Earnings Report, Holds Approximately 163,700 ETH

TechFlow reported on November 12 that, according to PR Newswire, Bit Digital, Inc. (Nasdaq: BTBT) announced its Q3 2026 financial results on November 12, 2026. As of September 30, 2026, the company held approximately 163,725.9 ETH, with a market value of approximately $439.4 million based on the closing ETH price of about $2,684 on that date; of this, 74,606.4 ETH were directly held, with a fair value of approximately $200.2 million.

During the third quarter, the company liquid-staked 73,683 ETH and received 66,192 LsETH. Of these, 19,000 LsETH were pledged as collateral for secured loans and recorded on the balance sheet as digital asset collateral receivables of $37.1 million; the remaining 47,192 LsETH were recorded as digital intangible assets totaling $98.3 million. In the third quarter, the company sold 1,625 ETH for $3.4 million at an average price of approximately $2,114.62 per ETH, and did not purchase any ETH during the quarter.

During the quarter, the company recognized a $3.2 million non-cash impairment on LsETH; this impairment does not represent a realized loss. As of September 30, 2026, the company held 27,043,750 shares of WhiteFiber, representing 59.7% of its total outstanding shares.

Source: TechFlow