Bit Digital Swings to Q1 Loss, Revenue Declines

MT Newswires Live

2025/05/16

Bit Digital (BTBT) reported a Q1 loss late Thursday of $0.32 per diluted share, swinging from earnings of $0.43 a year earlier.

Analysts polled by FactSet expected a loss of $0.05.

Revenue for the quarter ended March 31 was $25.1 million, down from $30.4 million a year earlier.

Analysts polled by FactSet expected $26.2 million.

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