Bit Digital, Inc. (BTBT)

NASDAQ: BTBT · Real-Time Price · USD
2.990
+0.040 (1.36%)
At close: Aug 8, 2025, 4:00 PM
2.970
-0.020 (-0.67%)
After-hours: Aug 8, 2025, 7:59 PM EDT
1.36%
Market Cap956.31M
Revenue (ttm)102.04M
Net Income (ttm)-79.49M
Shares Out 319.84M
EPS (ttm)-0.51
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume36,163,821
Open2.990
Previous Close2.950
Day's Range2.820 - 3.020
52-Week Range1.690 - 5.740
Beta4.91
AnalystsStrong Buy
Price Target6.33 (+111.71%)
Earnings DateAug 18, 2025

About BECN

Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. The company designs, develops, and operates high-performance computing (HPC) data centers that offers hosting and colocation services; and cloud-based HPC graphics processing units for artificial intelligence and machine learning developers. It is also involved in the treasury management activities; fund and investment management activities; and digital asset staking and digital asset mining businesses, as well as ethereum staking activities. The company ... [Read more]

Sector Financials
IPO Date Mar 20, 2018
Employees 54
Stock Exchange NASDAQ
Ticker Symbol BTBT
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 3 analysts, the average rating for BTBT stock is "Strong Buy." The 12-month stock price target is $6.33, which is an increase of 111.71% from the latest price.

Price Target
$6.33
(111.71% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Bit Digital Inc. Continues Expansion of Ethereum Holdings to Approximately 120,000 ETH, Reinforcing Treasury Strategy

NEW YORK , July 18, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), today announced that it has purchased approximately 19,683 Ethereum ("ETH") using the net pr...

22 days ago - PRNewsWire

Bit Digital, Inc. Announces Public Filing for WhiteFiber's Proposed Initial Public Offering

NEW YORK , July 16, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), today announced that its wholly-owned HPC subsidiary, WhiteFiber Inc. ("WhiteFiber"), has pu...

24 days ago - PRNewsWire

Bit Digital, Inc. Announces $67.3 Million Registered Direct Offering of its Ordinary Shares

NEW YORK , July 14, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company") today announced that it has entered into a placement agency agreement with B. Riley Securitie...

25 days ago - PRNewsWire

What's Happening With Bit Digital Stock?

Bit Digital (NASDAQ:BTBT) stock rose by nearly 18% on Monday and has increased over 68% in the past week. The company, which originally concentrated on Bitcoin mining through large-scale infrastructur...

4 weeks ago - Forbes

Bit Digital shares pop after crypto miner converts its entire treasury to ether

Bit Digital CEO Sam Tabar discusses the firm's move to convert its entire treasury to ETH.

4 weeks ago - CNBC Television

Bit Digital Shifts Entire Treasury to Ethereum, Becomes One of the Largest ETH Holders Among Public Companies

Following a $172 million public equity raise and conversion of its balance sheet from Bitcoin to Ethereum, Bit Digital has accumulated over 100K ETH to become one of the largest corporate treasury com...

4 weeks ago - PRNewsWire

Bit Digital, Inc. Announces Full Exercise of Underwriters' Option to Purchase Additional Ordinary Shares

NEW YORK , July 1, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), today announced that the underwriters of its recent underwritten public offering have fully e...

5 weeks ago - PRNewsWire

Bit Digital: The Bitcoin Exit Is Real

Bit Digital is pivoting away from Bitcoin mining toward high-margin ETH staking, and HPC services, transforming its revenue mix and growth strategy. The $150M equity raise will fund ETH purchases for ...

5 weeks ago - Seeking Alpha

Altimmune, Bit Digital, Kratos Defense & Security Solutions And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Thursday.

Other symbols: ALTKTOS
6 weeks ago - Benzinga

Bit Digital, Inc. Announces Pricing of Public Offering of its Ordinary Shares

NEW YORK , June 26, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), today announced the pricing of an underwritten public offering of 75,000,000 ordinary shares...

6 weeks ago - PRNewsWire

Bit Digital, Inc. Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering of WhiteFiber Inc.

NEW YORK , June 25, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), today announced that its wholly-owned HPC subsidiary, WhiteFiber Inc. ("WhiteFiber"), has co...

6 weeks ago - PRNewsWire

Bit Digital Inc. Announces Strategic Shift to Ethereum Treasury and Staking Operations

NEW YORK , June 25, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), today announced that it has initiated a strategic transition to become a pure play Ethereum ...

6 weeks ago - PRNewsWire

Bit Digital, Inc. Announces Commencement of Public Offering of its Ordinary Shares

NEW YORK , June 25, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company") today announced that it has commenced an underwritten public offering of its ordinary shares....

6 weeks ago - PRNewsWire

WhiteFiber, Inc. Announces C$60 Million Credit Facility with Royal Bank of Canada for Data Centers

NEW YORK , June 23, 2025 /PRNewswire/ -- WhiteFiber, Inc. ("WhiteFiber"), the wholly-owned HPC subsidiary of Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), today announced entry in...

6 weeks ago - PRNewsWire

WhiteFiber Inc., Bit Digital's AI Unit, acquires ~1,000,000 square foot North Carolina Industrial Property to Support up to 200 MW HPC Data Center Campus

NEW YORK , June 2, 2025 /PRNewswire/ -- WhiteFiber Inc., the wholly-owned HPC subsidiary of Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), announced today that it has completed the...

2 months ago - PRNewsWire

Bit Digital, Inc. (BTBT) Q1 2025 Earnings Call Transcript

Bit Digital, Inc. (NASDAQ:BTBT) Q1 2025 Earnings Conference Call May 16, 2025 10:00 AM ET Company Participants Cameron Schnier - Head of IR Sam Tabar - CEO Erke Huang - CFO Ben Lamson - Head of Reven...

3 months ago - Seeking Alpha

Bit Digital's Q1 Earnings Bolster The Bull Case

Bit Digital is rapidly transitioning from digital mining to high-growth, high-margin cloud and AI services, with strong progress toward profitability. Technical analysis shows a compelling 10:1 risk/r...

3 months ago - Seeking Alpha

Bit Digital, Inc. Announces First Quarter of Fiscal Year 2025 Financial Results

NEW YORK , May 15, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquart...

3 months ago - PRNewsWire

Bit Digital, Inc. Announces Date for First Quarter 2025 Financial Results and Conference Call

NEW YORK , May 8, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset prod...

3 months ago - PRNewsWire

Bit Digital, Inc. Secures Site for New Tier 3 Data Center to Support Cerebras Colocation Contract

NEW YORK , April 11, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company") announced today that it has secured the rights to a new data center site in Saint-Jérôme, Qu...

4 months ago - PRNewsWire

WhiteFiber and Shadeform Announce Strategic Partnership to deliver on-demand access to NVIDIA B200 GPUs

NEW YORK , March 20, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset p...

5 months ago - PRNewsWire

Bit Digital: A Capital Allocation Change Is Needed

Bit Digital's revenue surged 140% YoY in 2024, driven by a strategic pivot to Cloud and Colocation Services, now its largest revenue segment. Despite the growth, Bit Digital's operations showed a $28....

5 months ago - Seeking Alpha

Bit Digital, Inc. (BTBT) Q4 2024 Earnings Call Transcript

Bit Digital, Inc. (NASDAQ:BTBT) Q4 2024 Earnings Conference Call March 14, 2025 8:30 AM ET Company Participants Cameron Schnier - Head of IR Samir Tabar - CEO Erke Huang - CFO Ben Lamson - Head of Re...

5 months ago - Seeking Alpha

Bit Digital, Inc. Announces Fiscal Year 2024 Financial Results

NEW YORK , March 14, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headqua...

5 months ago - PRNewsWire

Bit Digital, Inc. Announces Date for Fiscal Year 2024 Financial Results and Conference Call

NEW YORK , March 7, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset pr...

5 months ago - PRNewsWire