
Bit Digital reported a profitable third quarter in 2026, driven by increased revenue from Ethereum staking and AI infrastructure through its WhiteFiber data center operations. Total revenue was $27.1 million, down 11% year-over-year, but colocation services grew 232% due to new data center capacity. The company shifted focus from bitcoin mining to Ethereum and AI infrastructure, resulting in positive GAAP earnings of $28.5 million. Bit Digital holds a significant stake in WhiteFiber and continues to invest in Ethereum assets, aiming for long-term growth in strategic infrastructure.
Following Bit Digital's announcement of its third quarter 2026 results highlighting a strategic shift to Ethereum and AI infrastructure, its stock price on Pluang is currently USD 0.72 as of Nov 12, 2026 18:41 WIB, down 9.17% for the day. The company holds a market cap of $288.07 million on Pluang, with a 52-week trading range between $0.71 and $2.84. Investor activity on the platform shows a strong buying interest at 83% of orders, reflecting active engagement despite the recent price drop.