Welcome to our dedicated page for Bit Digital SEC filings (Ticker: BTBT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Bit Digital, Inc. filings document material events for a Cayman Islands company whose ordinary shares trade on the Nasdaq Capital Market under BTBT. Recent Form 8-K disclosures cover operating and financial results, preliminary financial information, conference-call materials, Regulation FD investor presentations, and exhibits furnished with earnings releases.
The filing record also includes governance and capital-structure disclosures, including board changes, material agreements, shareholder voting matters, and risk-factor updates. These documents frame Bit Digital’s public reporting around Ethereum staking, digital-asset strategy, WhiteFiber ownership, balance sheet matters, and Nasdaq-listed ordinary shares.
Bit Digital, Inc. established a bridge financing structure centered on a delayed draw term loan facility of up to $100 million, expandable to $150 million, for Enovum NC-1 Venture, an affiliate of majority-owned subsidiary WhiteFiber. The loan carries a 9.5% annual interest rate that steps down to 8% once a 40 megawatt Phase I of the NC-1 data center is substantially completed and at least 80% of capacity is leased at market rates. Advances are subject to a 3% original issue discount, a 0.50% commitment fee on undrawn capacity at the end of the availability period, and a minimum multiple-on-invested-capital repayment of 1.1x per advance at maturity.
To fund this facility, Bit Digital entered into a Master Digital Currency Loan Agreement with Galaxy Digital, drawing $50 million on May 20, 2026 at a 5.45% annual interest rate under a one-year, automatically renewable term. The company also assigned $20 million of one advance to B. Riley Securities on the same economic terms, with a 90-day term. Independent board committees of both Bit Digital and WhiteFiber approved the transaction, and each board received fairness opinions from financial advisors supporting the loan’s terms for their unaffiliated minority shareholders.
Bit Digital, Inc. is soliciting proxies for its 2026 Annual Meeting to be held on July 29, 2026 at its New York headquarters and virtually. Shareholders will vote on re-election of five directors (Proposal 1), an amendment to the articles to change the quorum rule (Proposal 2), approval of a 2026 omnibus equity incentive plan (Proposal 3), ratification of the independent auditor (Proposal 4), and other routine business.
The record date for voting is April 30, 2026. As of that date the Company reports 348,926,820 Ordinary Shares outstanding and 1,000,000 Preference Shares outstanding, with each Preference Share carrying 50 votes.
Bit Digital, Inc. reported first-quarter 2026 revenue of $27.9M, up slightly from $25.1M a year earlier, driven mainly by cloud, colocation, and ETH staking services as it winds down bitcoin mining. Despite this, the company posted a net loss of $150.3M, versus $57.7M in 2025, largely due to $121.1M in losses on digital assets and sharply higher operating expenses. Total assets were $1.18B, including $295.0M of digital assets and $451.97M of property, plant, and equipment, while cash, cash equivalents and restricted cash totaled $83.9M. Liabilities increased significantly, with convertible notes payable rising to $334.2M and total contract liabilities reaching $144.5M, reflecting large future colocation and service commitments.
Bit Digital, Inc. executive Justin Zhu, VP of Finance and CAO, reported a tax-related share disposition tied to equity compensation. On April 2, 2026, 40,165 ordinary shares were sold to cover tax liabilities triggered by the vesting of restricted stock units under the company’s 2025 Omnibus Equity Incentive Plan. The filing states this was a non-discretionary transaction for tax payment rather than an open-market sale decision. Following the disposition, Zhu directly holds 102,375 ordinary shares of Bit Digital.
Bit Digital, Inc. reported its fiscal year 2025 results and highlighted a major strategic shift toward an Ethereum-focused treasury and AI infrastructure exposure through its majority ownership of WhiteFiber. WhiteFiber’s financials are fully consolidated, with part of net income attributable to non-controlling interests after its August 6, 2025 IPO.
The company now operates as a Strategic Asset Company, concentrating capital on Ethereum staking and its WhiteFiber stake. As of December 31, 2025, about 138,263 ETH were staked, representing roughly 89% of total ETH holdings, and native staking rewards of 1,988.8 ETH generated $7.0 million in revenue in 2025. The average acquisition price across ETH holdings was approximately $3,045.
Bit Digital is winding down bitcoin mining, reducing active hash rate to about 1.5 EH/s with fleet efficiency near 22 J/Th, and generally converting remaining mining proceeds into ETH. The company will host a conference call on April 1, 2026 at 10:00 AM ET to discuss the results and its strategic transition.
Bit Digital VP of Finance & CAO Justin Zhu reported compensation-related equity grants and vesting activity, not open-market trades. He received 94,340 restricted stock units under the 2025 Omnibus Equity Incentive Plan, each representing one Ordinary Share, which immediately vested on grant and was valued at $1.59 per share on March 25, 2026.
Earlier, RSU vesting on March 16, 2026 resulted in 3,125 Ordinary Shares valued at $1.68 per share. On March 19, 2026, 1,775 Ordinary Shares were sold by the company at $1.53 per share solely to cover tax withholding, which the filing states does not represent a sale by Zhu. Following these transactions, he directly owns 142,990 Ordinary Shares.
Bit Digital, Inc. Chief Executive Officer Samir Tabar received a grant of 150,000 restricted stock units under the company’s 2025 Omnibus Equity Incentive Plan. These performance-based RSUs vested immediately and converted into 150,000 Ordinary Shares valued at $1.59 per share on March 25, 2026. Following the issuance, Tabar directly holds 3,343,089 Ordinary Shares.
Huang Erke reported acquisition or exercise transactions in this Form 4 filing.
Bit Digital, Inc. director and Chief Financial Officer Huang Erke received a grant of 750,000 restricted stock units (RSUs) under the company’s 2025 Omnibus Equity Incentive Plan. These performance-based RSUs vested immediately on grant and were settled into 750,000 Ordinary Shares, valued at $1.59 per share on March 25, 2026. Following the issuance, Huang directly holds 2,130,000 Ordinary Shares, reflecting a compensation-related equity award rather than an open‑market purchase or sale.
Bit Digital, Inc. filed its annual report outlining a strategic shift toward becoming a pure-play Ethereum staking and treasury company while scaling its AI-focused WhiteFiber subsidiary. The company is converting its bitcoin holdings into ETH and exploring strategic alternatives for its bitcoin mining operations.
As of December 31, 2025, Bit Digital held over 150,000 ETH, with approximately 138,263 ETH actively staked through Figment, generating about 2,442.9 ETH in cumulative staking rewards. Combined digital asset holdings totaled roughly $415 million, primarily ETH with a smaller BTC position, and cash was $118 million.
Through majority-owned WhiteFiber (about 70.5% ownership), Bit Digital participates in high-performance computing data centers and GPU cloud services. WhiteFiber is building Tier-3 data centers in Canada and North Carolina, including the NC-1 site purchased for $45 million, and has a long-term services agreement at NC-1 representing approximately $865 million in contracted revenue over ten years.
Bit Digital, Inc. reappointed Ichi Shih as an independent director and Chair of the Audit Committee under a one-year Director Agreement dated December 8, 2025, with automatic one-year renewals unless either party gives 60 days’ notice. She will receive $120,000 per year, paid monthly, and may receive additional equity awards at the Board’s discretion, with indemnification and directors’ and officers’ insurance coverage.
The Board also approved an interim cash dividend to Geney Development Limited, the holder of 1,000,000 preference shares, of $0.80 per Preference Share, totaling $800,000, to be paid from retained earnings. Geney is owned 30% by CFO and director Erke Huang and 70% by independent director and former Chair Zhaohui Deng.