Bit Digital (BTBT) Reports Q1 Loss of $0.03/sh

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Go back to Bit Digital (BTBT) Reports Q1 Loss of $0.03/sh

Bit Digital, Inc. Announces Second Quarter of Fiscal Year 2021 Financial Results

August 20, 2021 4:30 PM EDT

NEW YORK, Aug. 20, 2021 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a bitcoin mining company headquartered in New York, today announced its unaudited financial results for the second quarter ended June 30, 2021.

Financial Highlights for the Second Quarter 2021

Revenue from bitcoin mining was $28.3 million.The number of bitcoins earned was 562.9. 70.8% of our miner fleet was deployed, in transit to, or awaiting installation in North America at June 30, 2021. We owned 32,500 miners, with 3,515 miners acquired in the second quarter of... More