Bit Digital, Inc. (BTBT)

NASDAQ: BTBT · Real-Time Price · USD
2.100
-0.170 (-7.49%)
At close: Mar 28, 2025, 4:00 PM
2.137
+0.037 (1.78%)
After-hours: Mar 28, 2025, 7:58 PM EDT
-7.49%
Market Cap 383.11M
Revenue (ttm) 107.50M
Net Income (ttm) 28.31M
Shares Out 182.44M
EPS (ttm) 0.19
PE Ratio 11.05
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 13,088,561
Open 2.220
Previous Close 2.270
Day's Range 2.085 - 2.230
52-Week Range 1.760 - 5.740
Beta 5.14
Analysts Strong Buy
Price Target 6.33 (+201.43%)
Earnings Date Mar 14, 2025

About BTBT

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]

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

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for BTBT stock is "Strong Buy." The 12-month stock price forecast is $6.33, which is an increase of 201.43% from the latest price.

Price Target
$6.33
(201.43% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

9 days 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....

14 days 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...

14 days 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...

15 days 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...

21 days ago - PRNewsWire

Soluna (SLNH) and Bit Digital (BTBT) Partnership Expands, Surpassing 12 MW in Hosting Capacity

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--Soluna Holdings, Inc. (“SHI”, “Soluna”, or the “Company”), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications includi...

Other symbols: SLNH
5 weeks ago - Business Wire

Bit Digital, Inc. Secures New Multi-Year Colocation Agreement with a Leader in AI Hardware

NEW YORK , Feb. 10, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company") announced today that it has secured a colocation contract with a leading AI hardware innovato...

6 weeks ago - PRNewsWire

Bit Digital, Inc. Announces Monthly Production Update for January 2025

NEW YORK , Feb. 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 pro...

7 weeks ago - PRNewsWire

Bit Digital, Inc. Announces Strategic Rebranding of its HPC Business to WhiteFiber

NEW YORK , Feb. 6, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company") announced today that it has officially rebranded its HPC business as WhiteFiber, Inc. ("WhiteF...

7 weeks ago - PRNewsWire

Bit Digital Is A Buy On DeepSeek Weakness

Bit Digital (BTBT) is near key support at $2.90, presenting a potential buying opportunity despite recent tech stock declines. The company's transition from Bitcoin mining to scalable computing models...

2 months ago - Seeking Alpha

Bit Digital, Inc. Secures New B200 GPU Contract with Key Customer

NEW YORK , Jan. 24, 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...

2 months ago - PRNewsWire

Bit Digital, Inc. Announces Monthly Production Update for December 2024

NEW YORK , Jan. 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 pro...

2 months ago - PRNewsWire

Bit Digital, Inc. Completes Transition from Foreign Private Issuer Status to Domestic Filer Status

NEW YORK , Jan. 6, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset pro...

2 months ago - PRNewsWire

Bit Digital, Inc. Executes MSA for 576 H200 GPU Deal with DNA AI Compute Fund

NEW YORK , Dec. 31, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset pr...

3 months ago - PRNewsWire

Bit Digital, Inc. Acquires Another Metropolitan Site for Tier-3 Data Center Expansion

NEW YORK , Dec. 30, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset pr...

3 months ago - PRNewsWire

Bit Digital, Inc. Announces Monthly Production Update for November 2024

NEW YORK , Dec. 5, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset pro...

4 months ago - PRNewsWire

Bit Digital, Inc. (BTBT) Q3 2024 Earnings Call Transcript

Bit Digital, Inc. (NASDAQ:BTBT) Q3 2024 Earnings Conference Call November 18, 2024 10:00 AM ET Company Participants Cameron Schnier - Head of IR Sam Tabar - CEO Erke Huang - CFO Billy Krassakopoulos ...

4 months ago - Seeking Alpha

Bit Digital, Inc. Announces Third Quarter of Fiscal Year 2024 Financial Results

NEW YORK , Nov. 18, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquar...

4 months ago - PRNewsWire

Bit Digital: AI Plus Rising Bitcoin Prices (Q3 Preview)

Bit Digital's pivot to AI and HPC infrastructure has significantly boosted revenues, offsetting Bitcoin mining declines due to the halving event. The company maintains strong financial health with $59...

4 months ago - Seeking Alpha

Bit Digital, Inc. Announces Date for Third Quarter 2024 Financial Results and Conference Call

NEW YORK , Nov. 11, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset pr...

4 months ago - PRNewsWire

Trump Trade boosts crypto stocks

CNBC's MacKenzie Sigalos joins CNBC's 'Halftime Report' to discuss Donald Trump's policy promises to the crypto sector and the jump in stocks pegged to digital asset prices.

Other symbols: COINHOODMARAMSTRRIOT
4 months ago - CNBC Television

Bit Digital, Inc. Announces Monthly Production Update for October 2024

NEW YORK , Nov. 6, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset pro...

5 months ago - PRNewsWire

Bit Digital, Inc. Executes MSA with Boosteroid, Third-Largest Cloud Gaming Provider, For Initial Deployment

NEW YORK , Nov. 4, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset pro...

5 months ago - PRNewsWire

Bit Digital, Inc. Vertically Integrates, Acquiring Tier 3 HPC Datacenter Company; 280+ MW Pipeline in Major Metropolitan Areas

NEW YORK , Oct. 14, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure ...

5 months ago - PRNewsWire

Bit Digital, Inc. Announces Monthly Production Update for September 2024

NEW YORK , Oct. 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...

6 months ago - PRNewsWire