Bit Digital (BTBT) Reports US$7M Sales Drop But Turns US$15M Profit
Bit Digital (BTBT) recently reported a significant 34% increase in share price over the last quarter, possibly influenced by key events such as its earnings announcement. The company noted a turnaround in net income to $14.87 million for the second quarter, a stark contrast from the previous year's losses. Although the broader market experienced a general upswing, Bit Digital's performance may have been impacted by its follow-on equity offerings and executive changes. Overall, while the...