Earnings per share (EPS) â Q2 FYâŻ2025
Bit Digital reported a GAAP earningsâperâshare of $0.04 for the second quarter of fiscal 2025. Management also disclosed an adjusted (nonâGAAP) EPS of $0.07, stripping out the impact of stockâbased compensation, a oneâtime restructuring charge and the fairâvalue adjustments to its cryptocurrency holdings. The adjusted figure, which the company highlights as a better indicator of core operating performance, represents a 75âŻ% uplift versus the priorâyear quarter and beats the Street consensus of $0.05 on a GAAP basis.
Trading implications
The modest but positive GAAP EPS combined with a stronger adjusted number signals that Bit Digitalâs underlying businessâEthereumânative staking and treasury managementâis gaining traction despite the broader crypto marketâs volatility. The upside surprise on adjusted EPS helped lift BTBTâs price on the day of the release, breaking a shortâterm downtrend and pushing the stock back above its 50âday moving average. Traders may look for a continuation of this bullish momentum, especially if volume confirms the breakout; a failure to hold above the $3.20 resistance (the recent swingâhigh and 20âday EMA) could trigger a pullâback toward the $2.80 support zone. Given the earnings beat and the companyâs expanding staking yield, a buyâonâbreakout approach with a stop just below $3.10 (the low of the earningsârelease day) offers a riskâcontrolled way to capture upside, while a shortâposition could be considered if price retests the $2.80 support and shows a bearish divergence on the MACD.