Bit Digital reports preliminary two-month revenue of up to $22.2 million

Bit Digital Inc. (NASDAQ: BTBT) announced preliminary financial results for the two months ended August 31, 2025. The company expects revenue between $20.1 million and $22.2 million for the period, with cost of revenue ranging from $8.2 million to $9.0 million, excluding depreciation.

The bitcoin mining company reported cash and cash equivalents of approximately $163.7 million to $173.9 million as of August 31, 2025.

Bit Digital stated the financial data remains preliminary and unaudited, based on information available as of September 29, 2025. The company noted that actual results may differ from these estimates as financial closing procedures for the three months ending September 30, 2025 are not yet complete.

The preliminary estimates were prepared by management and have not been audited, reviewed or compiled by the company's independent registered public accounting firm, Audit Alliance LLP.

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