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Bit Digital, a Financial Firm Specializing in ETH, Turns Profitable by Q2 2025

2025/08/17 23:09
CoinPost
Written by K.Kobayashi
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Bit Digital, a Financial Firm Specializing in ETH, Turns Profitable by Q2 2025

Continuing to Purchase Ethereum

In June this year, U.S.-based Bit Digital (Bit Digital) announced a shift in strategy towards Ethereum (ETH). On the 14th, they disclosed their financial results for Q2 2025 (April to June).

During this period, they began transitioning from a Bitcoin mining operation to a company specializing in Ethereum treasury and staking. As of the end of June, they held 30,663 ETH, and by August 11, they reported holdings of 121,076 ETH (worth approximately 75 billion yen). They explained that they plan to continue allocating a significant portion of their funds towards purchasing and staking Ethereum.

The revenue for Q2 2025 was 25.7 million...

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Iolite Vol.15

Iolite Vol.15

September 2025 issueReleased on 2025/07/30

Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.15

September 2025 issueReleased on 2025/07/30
Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.