Bit Digital Inc (NASDAQ:BTBT) reported a remarkable turnaround in its second quarter of fiscal 2025, achieving profits of $14.9 million, equivalent to $0.07 per share. This surge contrasts sharply with a loss of $12 million from the previous year. The profit is attributed to gains in digital assets paired with increasing service revenue, showcasing the company’s effective advancement of its Ethereum treasury strategy. Adjusted EBITDA also saw a substantial rise, increasing to $27.8 million from a loss of $3.8 million. This shift demonstrates Bit Digital’s commitment to leveraging digital assets for financial growth and responding to market opportunities effectively.