Bit Digital Q3: Strong Liquidity But Waiting On AI Momentum (NASDAQ:BTBT)

Core Insights - Bit Digital (BTBT) reported Q3 earnings with revenue of $30.5 million, reflecting a 33% year-over-year growth [1] - The company achieved a net income of $146.7 million, supported by an adjusted EBITDA of $166.8 million, which included a $168 million gain on digital assets [1] Financial Performance - Revenue for Q3 reached $30.5 million, marking a 33% increase compared to the same quarter last year [1] - Net income stood at $146.7 million, indicating strong profitability [1] - Adjusted EBITDA was reported at $166.8 million, bolstered by a significant gain on digital assets amounting to $168 million [1]