Bit Digital Shares Fall After Third-Quarter Revenue Miss
Bit Digital reported third-quarter revenue of $27.1 million, down 11% from $30.5 million a year earlier and below analysts’ estimates. Shares fell 9.3% in premarket trading on Thursday, according to the body.
Shares in Nasdaq-listed Bit Digital fell 9.3% in premarket trading on Thursday after the Ethereum treasury and AI infrastructure company reported third-quarter revenue below analysts’ estimates.Bit Digital reported $27.1 million in revenue, down 11% from $30.5 million a year earlier. Net income att…