According to PR Newswire, Bit Digital, Inc. (Nasdaq: BTBT) disclosed third-quarter 2026 earnings on November 12, holding approximately 163,725.9 ETH valued at $439.4 million as of September 30. Direct holdings accounted for 74,606.4 ETH worth $200.2 million.
During Q3, the company staked 73,683 ETH and received 66,192 LsETH, with 19,000 LsETH pledged as collateral securing $37.1 million in borrowings. The remaining 47,192 LsETH were recorded as digital intangible assets valued at $98.3 million. The company sold 1,625 ETH at an average price of $2,114.62 per coin and recorded a $3.2 million non-cash impairment charge on LsETH holdings.