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Bit Digital shifts to Ethereum and AI, posts 5% revenue growth but $80M net loss in 2025

Market News
01 Apr 2026
Proactive Investors
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Bullish
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Bit Digital Inc reported a 5% revenue increase to $113.6 million in 2025, driven by growth in Ethereum staking and cloud services, despite a 53% drop in bitcoin mining revenue. The company is pivoting its strategy to focus on Ethereum as economic infrastructure and AI compute through its majority stake in WhiteFiber, winding down bitcoin mining operations. Despite higher revenue, Bit Digital posted an $80.3 million net loss due to digital asset price volatility. The firm holds $118.4 million in cash and increased its Ethereum holdings significantly, with staking central to its yield strategy moving forward.

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Deadline nears for investors to lead class actions against BMI, PICS, VRRM, and others over alleged securities fraud.

Deadline nears for investors to lead class actions against BMI, PICS, VRRM, and others over alleged securities fraud.

Law Offices of Howard G. Smith reminds investors of upcoming deadlines to file lead plaintiff motions in securities fraud class actions involving Badger Meter, PicS N.V., Verra Mobility, and Grail, Inc. The lawsuits allege these companies made mislea...

Market News
Bearish
2 hours ago
Big Ten debuts immersive fan experience at Fanatics Fest NYC, boosting college sports exposure.

Big Ten debuts immersive fan experience at Fanatics Fest NYC, boosting college sports exposure.

Assembli Events & Production is creating the Big Ten Conference's first fan activation at Fanatics Fest NYC, held July 16-19, 2026. This event marks the Big Ten as the first collegiate conference to join the premier sports fan festival, showcasing tr...

Others
Neutral
2 hours ago
State Street reports strong Q2 with EPS $3.65 and record $6.28T assets under management

State Street reports strong Q2 with EPS $3.65 and record $6.28T assets under management

State Street posted strong Q2 results with earnings per share of $3.65, beating estimates and up from $2.53 last year. Quarterly revenue reached $4.05 billion, driven by a 17.2% rise in fee revenues and 18% growth in net interest income. Assets under...

Company Fundamentals
Bullish
3 hours ago
Denali offers natural fertilizer to help U.S. farmers cut costs amid volatile fertilizer prices.

Denali offers natural fertilizer to help U.S. farmers cut costs amid volatile fertilizer prices.

U.S. farmers face high and unstable fertilizer prices due to global shipping disruptions, with nearly 70% unable to afford needed fertilizer this season. Denali Water Solutions provides a natural, low-cost fertilizer alternative made from recycled or...

Market News
Neutral
3 hours ago
Denodo Platform 9.5 enhances AI with trusted data context and governance for better enterprise decisions.

Denodo Platform 9.5 enhances AI with trusted data context and governance for better enterprise decisions.

Denodo Technologies released Platform 9.5, improving its AI data layer by providing trusted, governed enterprise context for AI, analytics, and data sharing. Key features include an expanded enterprise knowledge graph, metric views for consistent bus...

Others
Bullish
3 hours ago
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