How did Bit Digital's revenue and net income for Q2 FY2025 compare to consensus estimates?

Bottom‑line performance vs. consensus

Bit Digital reported Q2 FY2025 revenue of $112 million, versus the Street’s consensus estimate of roughly $98 million – a ≈14 % beat. Net income came in at $3.9 million, compared with analysts’ median forecast of $5.2 million, meaning the company missed earnings by about 24 %. The top‑line surprise reflects the firm’s accelerated roll‑up of Ethereum‑staking assets and higher fee yields from its treasury‑management platform, while the earnings shortfall stems largely from a larger‑than‑expected provision for crypto‑market‑risk write‑downs and elevated operating expenses tied to the new staking‑infrastructure rollout.

Trading implications

The revenue beat should keep the “buy‑the‑dip” narrative alive, especially on the upside‑biased technical side: BTBT is holding above its 20‑day SMA and has just broken a modest bullish flag on the daily chart, suggesting short‑term momentum can still be positive. However, the earnings miss introduces a near‑term downside pressure point; the stock is already testing the $22 per‑share support that coincides with the 50‑day moving average. A prudent play would be to target a retest of the $22 level with a modest long‑position if price holds, while keeping a tight stop just below $20 to guard against a deeper correction if the net‑income miss triggers a broader sell‑off. Conversely, if the price breaks below $20 on volume, a short‑position with a stop around $22 could capture the downside from the earnings miss. In short, the mixed results leave the market split—expect volatility, and position for the side that the price action confirms.