TechFlow news, on August 15, according to an official announcement, Nasdaq-listed Bit Digital (BTBT) released its fiscal year 2025 second-quarter financial report. The report shows total revenue of $25.7 million, down 11.7% year-on-year, with a net profit of $14.9 million. The company announced a strategic shift toward becoming an Ethereum-native treasury and staking platform, and plans to gradually terminate its Bitcoin mining operations.
As of August 11, 2025, the company held 121,076 ether, with a market value of approximately $511.5 million, of which 105,015 ether were staked. Additionally, the company completed the initial public offering of its subsidiary WhiteFiber and currently holds a 74.3% stake in the company, valued at approximately $468.4 million.
