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Stock impact report

Bit Digital outlines disciplined ETH accumulation and targets 1.2 exahash mining by mid-2026 while expanding staking operations [Seeking Alpha]

Bit Digital, Inc. - Ordinary Share (BTBT) 
Company Research Source: Seeking Alpha
CEO Samir Tabar stated that "the third quarter was our first full period as a focused Ethereum treasury and staking company." He highlighted that Bit Digital is prioritizing disciplined capital allocation Quick Insights The transition increased ETH holdings fivefold, boosted staking revenue, grew total revenue, and resulted in a large net income gain due to digital asset appreciation. Bit Digital is using disciplined capital allocation, scaling staking operations, maintaining low leverage, and working with external managers for diversified staking strategies. Mining operations are being wound down and currently offset overhead costs, with staking positioned as the principal future revenue source. More Trending News Show less Read more
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