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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

$2,450.14

-1.22%

$2,450.14

-1.22%

(24s)

24h Volume

$15,021,780,821.61

24h H/L

$2,532.50 / $2,414.64

Change: $117.86 (4.88%)

Long/Short

58.5%

Long: 58.5%Short: 41.5%

Funding Rate

+0.0001%

Longs pay

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Ethereum

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▼ -1.17%

Volume (24h): -

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Resistance 2$2,546.78

Resistance 1$2,476.93

Price$2,453.20

Support 1$2,431.34

Support 2$2,354.63

Support 3$2,220.91

Pivot (PP):$2,480.00

Trend:Uptrend

RSI (14):76.4

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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