Earnings call briefSecond-quarter 2026
Bit Digital says its board is evaluating a share buyback, with no timing set
Tabar said the discount to net asset value has at times exceeded 40%, and that the board is still considering how and when to do a buyback.
GetSignal Bit Digital BTBT
Erke Huang, Chief Financial Officer, said on the company's second-quarter call that Bit Digital is coordinating with WhiteFiber on registration statements potentially later this quarter, for a covered call program that Chief Executive Samir Tabar said is still under evaluation. Tabar said any such program would be modest in scope and subject to Board approval.
Huang said the company does not yet have exact pricing and is working with a few banks.
Quotes from the call
“...We think the 40% or sometimes even 43% discount to NAV is unacceptable and makes no sense.”
“The board is still considering how and when to do that.”
Key facts from the call
- Expected recognition of remaining performance obligations, balance of 2026
- approximately $57.7 million
- Expected recognition of remaining performance obligations, 2027
- approximately $136.7 million
- Expected recognition of remaining performance obligations, 2028
- approximately $105.1 million
Source: Bit Digital's second-quarter 2026 earnings call, August 13, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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