Bit Digital Q3 Revenue Falls 11% as AI Colocation Grows

Nov 12, 2026
Bit Digital's third-quarter revenue fell 11% to $27.1 million, while colocation revenue from its WhiteFiber AI data centres rose 19% from the previous quarter.

Bit Digital, which combines an Ethereum treasury strategy with AI and high-performance computing infrastructure, reported third-quarter revenue of $27.1 million, down 11% from $30.5 million a year earlier, the company said in a press release. Revenue for the first nine months rose 7% to $87.1 million.

Colocation revenue rose 19% from the previous quarter, helped by the first contribution from the NC-1 data centre campus of WhiteFiber, its majority-owned AI infrastructure subsidiary. Native ETH staking revenue grew 14%. Higher digital asset values lifted Bit Digital to net income of $28.5 million attributable to shareholders, after a net loss of $107.2 million in the second quarter.

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