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via BeInCrypto · By BeInCrypto Editorial
Bit Digital Stock Rises Despite $107.2 Million Q2 Loss
BE
BeInCrypto Editorial(09:24 AM UTC)
1 min read
Bit Digital stock climbed after the company reported a $107.2 million net loss for the second quarter, breaking from the sell-off that punished rival crypto-linked shares this week.
The Nasdaq-listed Ethereum (ETH) treasury and artificial intelligence (AI) infrastructure firm booked $32.1 million in revenue. That marks a 15% gain over the first quarter.
Investors Look Past Bit Digital’s…
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