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via The Block · By The Block Editorial

Bit Digital reports 14% revenue drop in Q1, driven by lower ETH staking rewards

ETH

ETH/USDT

$2,696.84

+1.11%

$2,696.84

+1.11%

(24s)

24h Volume

$12,438,059,886.99

24h H/L

$2,706.00 / $2,600.15

Change: $105.85 (4.07%)

Long/Short

60.1%

Long: 60.1%Short: 39.9%

Funding Rate

+0.0030%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,693.70

▲ 0.21%

Volume (24h): -

Resistance Levels

Resistance 3$3,143.74

Resistance 2$2,781.69

Resistance 1$2,703.03

Price$2,693.70

Support 1$2,677.49

Support 2$2,559.03

Support 3$2,335.60

Pivot (PP):$2,664.73

Trend:Uptrend

RSI (14):63.8

The Block Editorial

(07:22 AM UTC)

1 min read

Approved byEmily Watson

0 comments

Bit Digital, an Ethereum (ETH) treasury firm, reported a revenue decline and a widened net loss in the first quarter of this year, as it continued shifting away from bitcoin mining toward Ethereum-focused strategies.

The Nasdaq-listed company generated $27.9 million in total revenue in the first quarter, down 13.6% from the fourth quarter of 2025, according to its earnings report released…

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The Block Editorial · The Block

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