Bit Digital Announces Q3 Earnings Report, Holding Approximately 163,700 ETH

on November 12, according to PR Newswire, Bit Digital, Inc. (NASDAQ: BTBT) announced its financial results for the third quarter of 2026. As of September 30, 2026, the company held approximately 163,725.9 ETH, with a market value of approximately $439.4 million based on the closing price of approximately $2,684 per ETH on that day; of which 74,606.4 ETH were held directly at a fair value of approximately $200.2 million.

During the third quarter, the company utilized liquid staking to stake 73,683 ETH and received 66,192 LsETH; of which 19,000 LsETH served as collateral for borrowings, classified on the balance sheet as $37.1 million in digital asset collateral receivables; the remaining 47,192 LsETH were accounted for as digital intangible assets valued at $98.3 million. During the third quarter, the company sold 1,625 ETH for $3.4 million, at an average price of approximately $2,114.62 per ETH, and did not purchase any ETH in the quarter.

The company recorded a $3.2 million non-cash impairment charge for its LsETH holdings during the quarter, which does not represent a realized loss. As of September 30, 2026, the company held 27,043,750 shares of WhiteFiber, accounting for 59.7% of its total outstanding shares.