# Bit Digital swings to $28.5 million Q3 profit as revenue falls 11%

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2 outlets covering · First listed: Crypto Briefing, Nov 12, 2026, 8:16 AM · Read it: <https://cryptobriefing.com/bit-digital-q3-net-income-revenue-falls/>

Bit Digital's shift from Bitcoin mining to Ethereum and AI highlights the volatility and strategic pivots in the digital asset sector.

## Who's covering it

In the order they published:

- Nov 12, 2026, 7:52 AM: [Bit Digital stock falls 5% in pre-market after Q3 revenue miss](<https://cointelegraph.com/news/bit-digital-stock-falls-q3-revenue-miss>) — Cointelegraph (Specialist)
  Bit Digital’s $27 million third-quarter revenue came in 16% below analyst consensus estimates, marking an over $5 million shortfall.
- Nov 12, 2026, 8:16 AM: [Bit Digital swings to $28.5 million Q3 profit as revenue falls 11%](<https://cryptobriefing.com/bit-digital-q3-net-income-revenue-falls/>) — Crypto Briefing (Specialist)
  Bit Digital's shift from Bitcoin mining to Ethereum and AI highlights the volatility and strategic pivots in the digital asset sector.