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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

$1,894.64

+1.11%

$1,894.64

+1.11%

(24s)

24h Volume

$8,622,830,949.63

24h H/L

$1,898.49 / $1,855.50

Change: $42.99 (2.32%)

Long/Short

62.7%

Long: 62.7%Short: 37.3%

Funding Rate

+0.0034%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,879.10

▲ 0.50%

Volume (24h): -

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Resistance 2$1,964.71

Resistance 1$1,900.92

Price$1,879.10

Support 1$1,853.38

Support 2$1,788.28

Support 3$1,722.34

Pivot (PP):$1,866.86

Trend:Sideways

RSI (14):52.5

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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