Bit Digital Inc (NASDAQ:BTBT) reduced the portion of its Ethereum holdings allocated to staking in March, shifting its treasury toward greater liquidity as it reassesses capital allocation options.
The company reported holding approximately 155,444 ETH as of the end of March 2026. Based on a closing price of about $2,104, the position carried an estimated market value of $327 million.
The firm’s average acquisition price across its holdings was approximately $3,045 per ETH, indicating its accumulated position remains above current market levels.
About 96,322 ETH, or roughly 62% of total holdings, was staked at the end of the month. This represents a decline in staking allocation during March, a move the company said was intended to provide more flexibility in managing its treasury, including the potential to pursue alternative yield opportunities.
Staking operations generated approximately 291 ETH in rewards over the period, equating to an annualized yield of around 2.9%. These returns are broadly in line with typical yields associated with Ethereum staking.
In addition to its cryptocurrency exposure, Bit Digital reported ownership of approximately 27 million shares of WhiteFiber, with a market value of about $322 million as of month-end. The holding represents a significant component of the company’s overall asset base.
Bit Digital had approximately 326.6 million shares outstanding as of March 31. The update reflects ongoing adjustments to how the company balances staking participation, liquidity, and diversification within its digital asset portfolio.