v3.26.1
(Loss) Earnings Per Share
 6 Months Ended
Jun. 30, 2026
(Loss) Earnings Per Share [Abstract]  
(LOSS) EARNINGS PER SHARE

19. (LOSS) EARNINGS PER SHARE

 

    For the Three Months Ended
June 30,		     For the Six Months Ended
June 30,		  
    2026     2025     2026     2025  
                         
Net (loss) income attributable to Bit Digital shareholders   $ (107,212 )   $ 14,873     $ (253,879 )   $ (42,838 )
Adjustment (a)     -       -       (800 )     -  
Net (loss) income attributable to Bit Digital common shareholders   $ (107,212 )   $ 14,873     $ (254,679 )   $ (42,838 )
                                 
Weighted average number of ordinary share outstanding                                
Basic     350,018,575       206,889,826       337,998,729       194,355,223  
Diluted     350,018,575       208,817,806       337,998,729       194,355,223  
                                 
(Loss) earnings per share                                
Basic   $ (0.31 )   $ 0.07     $ (0.75 )   $ (0.22 )
Diluted   $ (0.31 )   $ 0.07     $ (0.75 )   $ (0.22 )

 

(a) Includes a $0.8 million dividend declared on February 19, 2026, to the preferred shareholders of Geney Development Ltd (“Geney”) for the six months ended June 30, 2026.

 

Basic (loss) earnings per share is computed by dividing net (loss) income attributable to ordinary shareholders by the weighted average number of ordinary shares outstanding during the period. The computation of diluted net (loss) income per share does not include dilutive ordinary share equivalents in the weighted average shares outstanding, as they would be anti-dilutive.

 

For the three and six months ended June 30, 2026, 13,750 unvested RSUs, 350,000 stock options and 1,000,000 shares of convertible preferred shares were excluded from the calculation of diluted earnings per share because they were anti-dilutive.

 

For the three and six months ended June 30, 2026, approximately 36 million shares of the Company’s ordinary shares issuable upon conversion of the 2030 Notes at a conversion price of $4.16 per share were excluded from the calculation of diluted loss per share because they were anti-dilutive.

 

For the three and six months ended June 30, 2025, 3,769,914 unvested RSUs, 360,000 stock options and 1,000,000 shares of convertible preferred shares were excluded from the calculation of diluted earnings per share because they were anti-dilutive.