Bit Digital, Inc. (BTBT)
Market Cap | 233.88M |
Revenue (ttm) | 44.92M |
Net Income (ttm) | -13.89M |
Shares Out | 118.12M |
EPS (ttm) | -0.16 |
PE Ratio | n/a |
Forward PE | 96.57 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 5,072,580 |
Open | 1.980 |
Previous Close | 1.930 |
Day's Range | 1.935 - 2.045 |
52-Week Range | 1.610 - 5.270 |
Beta | 4.82 |
Analysts | Strong Buy |
Price Target | 5.50 (+177.78%) |
Earnings Date | Jun 10, 2024 |
About BTBT
Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities; and digital asset staking and digital asset mining businesses, as well as ethereum staking activities. In addition, it provides specialized cloud-infrastructure services for artificial intelligence applications. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, Inc. was founded in 2015 and is headquartered in New York, N... [Read more]
Financial Performance
In 2023, Bit Digital's revenue was $44.92 million, an increase of 39.07% compared to the previous year's $32.30 million. Losses were -$13.89 million, -86.81% less than in 2022.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for BTBT stock is "Strong Buy." The 12-month stock price forecast is $5.5, which is an increase of 177.78% from the latest price.
News
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Bit Digital, Inc. Announces Monthly Production Update for March 2024
NEW YORK , April 3, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure ...
Bit Digital, Inc. Announces Customer Proposal to Expand Existing Agreement by an Additional 2,048 GPUs
NEW YORK , March 26, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure...
Bit Digital, Inc. Announces Fiscal Year 2023 Financial Results
NEW YORK , March 18, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure headquartered in...
Bit Digital, Inc. Announces Date for Fiscal Year 2023 Financial Results and Conference Call
NEW YORK , March 13, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure...
Bit Digital, Inc. Announces Monthly Production Update for February 2024
NEW YORK , March 5, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure ...
Bit Digital, Inc. Announces 2024 Strategic Priorities
NEW YORK , Feb. 12, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure ...
Bit Digital, Inc. Announces Monthly Production Update for January 2024
NEW YORK , Feb. 5, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure h...
Bit Digital, Inc. Announces Expansion of Mining Fleet
NEW YORK , Jan. 31, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure ...
Bit Digital, Inc. Announces Commencement of Revenue Generation for Inaugural AI Contract
NEW YORK , Jan. 23, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure ...
Bit Digital, Inc. Announces Upsized Customer Contract for Bit Digital AI
NEW YORK , Jan. 10, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure ...
Bit Digital, Inc. Announces Monthly Production Update for December 2023
NEW YORK , Jan. 4, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure h...
Bit Digital, Inc. Announces Doubling Size of Fleet
NEW YORK , Dec. 26, 2023 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure ...
Bit Digital, Inc. Announces Receipt of First Tranche of AI Servers
NEW YORK , Dec. 20, 2023 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure ...
Bit Digital, Inc. Announces That There Have Been No Disruptions to Its Operations in Iceland
NEW YORK , Dec. 19, 2023 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure ...
Bit Digital, Inc. Announces Monthly Production Update for November 2023
NEW YORK , Dec. 5, 2023 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure h...
Bit Digital, Inc. Announces Finalized AI Customer Contract Terms and Datacenter Location
NEW YORK , Nov. 20, 2023 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure ...
Bit Digital, Inc. Announces Third Quarter of Fiscal Year 2023 Financial Results
NEW YORK , Nov. 14, 2023 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a sustainable digital infrastructure platform for digital assets and artificial intelligence ("AI") headquart...
Bit Digital, Inc. Announces Monthly Production Update for October 2023
NEW YORK , Nov. 6, 2023 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable digital infrastructure platform for digital assets and cloud computing services...
Bit Digital, Inc. Announces New Hosting Location
NEW YORK , Oct. 25, 2023 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable digital infrastructure platform for digital assets and cloud computing service...
Bit Digital, Inc. Launches New AI Business: Secures Customer Contract Worth up to $257 Million, Procures NVIDIA H100 GPUs
NEW YORK , Oct. 23, 2023 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable digital infrastructure platform for digital assets and cloud computing service...
Bit Digital, Inc. Announces Monthly Production Update for September 2023
NEW YORK , Oct. 4, 2023 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a digital asset mining company headquartered in New York, announced its unaudited digital ass...
Bit Digital, Inc. Announces Monthly Production Update for August 2023
NEW YORK , Sept. 5, 2023 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a digital asset mining company headquartered in New York, announced its unaudited digital as...
Bit Digital, Inc. Announces Second Quarter of Fiscal Year 2023 Financial Results
NEW YORK , Aug. 15, 2023 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a digital asset mining company headquartered in New York City, today announced its unaudited financial result...
Bit Digital, Inc. Announces Monthly Production Update for July 2023
NEW YORK , Aug. 4, 2023 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a digital asset mining company headquartered in New York, announced its unaudited digital ass...