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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

$1,788.56
+2.29%
24h Volume

$8,207,617,573.60

24h H/L

$1,812.00 / $1,737.68

Change: $74.32 (4.28%)

Long/Short
62.4%
Long: 62.4%Short: 37.6%
Funding Rate

+0.0012%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,788.68

2.49%

Volume (24h): -

Resistance Levels
Resistance 3$1,985.30
Resistance 2$1,895.55
Resistance 1$1,831.36
Price$1,788.68
Support 1$1,746.03
Support 2$1,682.61
Support 3$1,615.03
Pivot (PP):$1,779.45
Trend:Sideways
RSI (14):56.8
TB
The Block Editorial
(07:22 AM UTC)
1 min read
EW
Approved byEmily Watson
1260 views
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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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