Bit Digital Ethereum Treasury Tops $305M, Staking Yield at 2.7% in February
Bit Digital held 155,434 Ethereum tokens valued at $305.4 million as of February 28, with an average acquisition cost of $3,045 per ETH. The company staked 138,269 ETH (89% of holdings), generating 313.9 ETH rewards for an annualized 2.7% yield, and holds WhiteFiber shares worth about $455.7 million.
1. Ethereum Treasury Holdings
Bit Digital held 155,434 Ethereum tokens at February 28 month-end, valuing the position at approximately $305.4 million based on a closing price near $1,965 per token. The average acquisition cost for its ETH holdings was about $3,045, indicating an unrealized markdown relative to market value.
2. Staking Activity and Rewards
The company staked 138,269 ETH, representing 89% of its total Ethereum holdings. February staking operations yielded 313.9 ETH, corresponding to an annualized yield of roughly 2.7%, contributing to ongoing revenue from network participation.
3. WhiteFiber Investment and Capital Structure
Bit Digital owns about 27 million WhiteFiber shares valued at $455.7 million at month-end and has 324.8 million shares outstanding, informing its share-based valuation metrics and potential dilution considerations.