Bit Digital Holds $380M Ethereum Treasury and Generates 2.9% Staking Yield
Bit Digital ended January 2026 with 155,239.4 ETH, valued at $380.2M based on $2,449 per ETH, with 138,266 ETH (89%) staked generating 344 ETH in rewards for a 2.9% annualized yield. The company has exited Bitcoin mining to focus on Ethereum treasury management and AI infrastructure growth.
1. Ethereum Treasury and Valuation
As of January 31, 2026, Bit Digital held 155,239.4 ETH valued at approximately $380.2 million based on a $2,449 closing price. The average acquisition cost of $3,045 per token highlights a potential unrealized loss relative to current market value.
2. Staking Performance and Yield
By month-end, 138,266 ETH (89% of the treasury) was staked with network validators, generating 344 ETH in January. This yield corresponds to an annualized rate of roughly 2.9% on the staked balance, providing a recurring revenue stream.
3. Strategic Shift and AI Infrastructure Focus
Management has exited Bitcoin mining operations, redefining the company as a strategic asset entity centered on Ethereum treasury management and AI compute. The firm is investing in GPU-based data centers across North America to support artificial intelligence workloads alongside its digital asset holdings.