Bit Digital Stock Rises Despite $107.2 Million Q2 Loss

Bit Digital’s Nasdaq-listed shares climbed following the company’s second-quarter earnings report, which disclosed a substantial net loss but showed signs of operational progress. The stock gained 2.05% to close at $1.49 on Thursday, followed by an additional 1.34% increase in after-hours trading to $1.51. This performance contrasted sharply with the broader crypto sector’s reaction to earnings announcements during the week, as competing companies such as Bitdeer and Forward I