Bit Digital (BTBT) shares rise 11.30% intraday after Q2 earnings beat and strategic financing news
ByAinvest Wire
Thursday, Aug 13, 2026 10:06 am ET1min read
BTBT--
Bit Digital (BTBT) shares rose 11.30% in intraday trading after the company reported a Q2 2026 revenue beat of $32.1 million, driven by a 42% sequential surge in cloud services revenue to $23.8 million. The market also responded positively to the announcement of a $150 million financing facility for WhiteFiber using ETH collateral and an expanded contract backlog of approximately $1 billion.
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