Deep Tide TechFlow News, on August 15, according to an official announcement, Nasdaq-listed company Bit Digital (BTBT) released its second quarter financial report for the fiscal year 2025. The report shows that the company's total revenue is $25.7 million, a year-on-year decrease of 11.7%; net profit is $14.9 million. The company announced a strategic transformation to an Ethereum-native finance and staking platform, and plans to gradually terminate its Bitcoin mining business.

As of August 11, 2025, the company holds 121,076 Ether, with a market value of approximately $511.5 million, of which 105,015 Ether are staked. In addition, the company completed the initial public offering of its subsidiary WhiteFiber, currently holding 74.3% of the company's shares, valued at approximately $468.4 million.