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How Bit Digital (BTBT) makes money
Bit Digital (BTBT) made $32.1M of revenue in the second quarter 2026 (Q2 2026), +25% from a year earlier. Cloud services brought in $23.8M (74%); Colocation services brought in $4.7M (15%); Digital asset mining brought in $2.4M (7%).
Drawing the Sankey…
Revenue by segment, Q2 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Cloud services | $23.8M | 74.1% | +42% | +43% |
| Colocation services | $4.7M | 14.7% | -1% | +173% |
| Digital asset mining | $2.4M | 7.4% | -36% | -64% |
| ETH staking | $903K | 2.8% | -61% | +147% |
| Other | $307K | 1.0% | -20% | -9% |
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $32.1M | 100.0% |
| Operating cash flow | $47.9M | 149.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $32.1M | +25% |
| Q1 2026 | $27.9M | +11% |
| Q4 2025 | $32.3M | +25% |
| Q3 2025 | $30.5M | +33% |
| Q2 2025 | $25.7M | -12% |
| Q1 2025 | $25.1M | -17% |
| Q4 2024 | $25.8M | — |
From Bit Digital's 10-Q filed Aug 13, 2026 (on EDGAR).
Questions
How does Bit Digital make money?
Bit Digital (BTBT) made $32.1M of revenue in the second quarter 2026 (Q2 2026), +25% from a year earlier. Cloud services brought in $23.8M (74%); Colocation services brought in $4.7M (15%); Digital asset mining brought in $2.4M (7%).
What is Bit Digital's biggest business?
Cloud services: $23.8M in the second quarter 2026, 74% of revenue, +43% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.