Bit Digital, Inc. (BTBT)
| Market Cap | 324.73M |
| Revenue (ttm) | 107.50M |
| Net Income (ttm) | 28.31M |
| Shares Out | 182.44M |
| EPS (ttm) | 0.19 |
| PE Ratio | 9.37 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 8,258,423 |
| Open | 1.770 |
| Previous Close | 1.760 |
| Day's Range | 1.750 - 1.800 |
| 52-Week Range | 1.690 - 5.740 |
| Beta | 6.07 |
| Analysts | Strong Buy |
| Price Target | 6.33 (+259.66%) |
| Earnings Date | May 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]
Financial Performance
Financial StatementsAnalyst 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 259.66% from the latest price.
News
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...
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...
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....
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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.
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...
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...
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 ...