Bit Digital reports $28.5M quarterly profit with 163,726 ETH
Bit Digital reported a third-quarter profit rebound while disclosing 163,726 ETH worth $439.4 million at September’s close.
Bit Digital reported a third-quarter profit rebound while disclosing 163,726 ETH worth $439.4 million at September’s close. Ethereum (ETH) is trading at $2,009.17, down 0.4% since this brief published. This is an original TLT brief based on reporting by Crypto.news, with live market data added, as of Thu, 12 Nov 2026 13:30:06 UTC.
The disclosure highlights how a listed Bitcoin-focused company’s financial performance and Ethereum balance sheet are changing alongside shifts in staking and infrastructure-related revenue. The size of the ETH position also connects Bit Digital directly to broader digital-asset market conditions.
- Bit Digital reported third-quarter profit of $28.5 million.
- Holdings totaled 163,726 ETH, valued at $439.4 million at September’s close.
- ETH trades at $2,017.86, down 1.44% over 24 hours and 16.48% over seven days.
- Staking and WhiteFiber revenue changes were cited without additional figures.
Crypto.news reported that Bit Digital generated $28.5 million in profit during the third quarter, describing the result as a rebound. The company also disclosed holdings of 163,726 ETH, which it valued at $439.4 million as of September’s close. The report also said Bit Digital’s revenue mix changed, with movements in income from staking and WhiteFiber. Crypto.news did not provide comparative revenue figures, percentages, or further detail about those changes in the supplied summary, limiting the extent to which the individual business lines can be assessed.
Bit Digital’s ETH position was the central disclosed asset in the update. The $439.4 million figure represents the value assigned to its 163,726 ETH at the end of September, rather than a valuation based on the current market price supplied with this brief.
Ethereum was trading at $2,017.86, down 1.44% over 24 hours and 16.48% over seven days, with a market capitalization of $246.6 billion. The broader crypto market capitalization stood at $2.49 trillion amid a broadly negative session; 
Bitcoin fell 1.26%, while the Fear & Greed index registered 28, or Fear. The next reported disclosures that separate ETH price effects from changes in Bit Digital’s holdings and operating results are among the figures to watch.
Since this brief published about 1 hour ago, Ethereum (ETH) has moved from $2,017.86 to $2,009.17 — -0.43%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₦2.82M (about $2,009.17), down 2.2% over 24 hours. The naira itself trades about 4.1% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Bit Digital reports $28.5M quarterly profit with 163,726 ETH — questions & answers
How much profit did Bit Digital report for Q3?
Bit Digital reported third-quarter profit of $28.5 million, according to Crypto.news.
How much Ethereum did Bit Digital hold?
The company disclosed 163,726 ETH valued at $439.4 million at September’s close.
How was Ethereum performing in the supplied market data?
ETH traded at $2,017.86, down 1.44% over 24 hours and 16.48% over seven days.
How much is 1 Ethereum worth in naira today?
About ₦2.82M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $2,009.17. The naira price moves with both ETH's US-dollar price and the USDT/NGN rate; use our Ethereum in naira page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is down 0.43% since this brief first published — trading at $2,009.17 now versus $2,017.86 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.