Bit Digital reports 14% revenue drop in Q1, driven by lower ETH staking rewards
The Block·
60-second summary
Bit Digital reports a 14% revenue drop in Q1, driven by lower ETH staking rewards, generating $27.9 million in total revenue, down 13.6% from Q4 2025. This decline is attributed to reduced Ethereum staking rewards, affecting the company's income. The crypto market faces ongoing volatility, with investors closely monitoring staking rewards and revenue streams.
Bit Digital generated $27.9 million in total revenue in the first quarter of this year, down 13.6% from Q4 2025.