Bit Digital logs $146.7M Q1 2026 loss as Ethereum holdings reach 155,444 ETH

Bit Digital reported a net loss of $146.7 million for Q1 2026 while increasing its ether position to 155,444 ETH, valued at about $327 million at quarter-end. The company said ETH staking generated $2.3 million in revenue during the quarter, while bitcoin mining revenue fell 33% to $3.7 million as it continued shifting toward Ethereum treasury management and AI infrastructure.