Bit Digital January Report: 10% Rise to 8,419 ETH; 4.2% Staking Yield
Bit Digital held 8,419 Ethereum as of January 31, a 10% increase month-over-month, with 7,502 ETH staked via Lido at a 4.2% annualized yield. The company earned 260 ETH in staking rewards, boosting its crypto asset income and on-chain yield profile.
1. January Ethereum Holdings And Growth
Bit Digital ended January with 8,419 ETH on its balance sheet, marking a 10% increase from 7,654 ETH at December’s end. This growth reflects ongoing accumulation following the company’s recent mining revenue and selective spot purchases.
2. Staking Metrics And Yield
Of the total holdings, 7,502 ETH were staked through Lido, yielding an average annualized rate of 4.2%. During January, the firm received 260 ETH in staking rewards, which were retained on-chain to compound future returns.
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