Bit Digital, Inc. (BTBT)

NASDAQ: BTBT · IEX Real-Time Price · USD
2.060
-0.190 (-8.44%)
At close: Apr 12, 2024, 4:00 PM
2.090
+0.030 (1.46%)
Pre-market: Apr 15, 2024, 5:32 AM EDT
-8.44%
Market Cap 243.33M
Revenue (ttm) 44.92M
Net Income (ttm) -13.89M
Shares Out 118.12M
EPS (ttm) -0.16
PE Ratio n/a
Forward PE 100.98
Dividend n/a
Ex-Dividend Date n/a
Volume 4,747,306
Open 2.220
Previous Close 2.250
Day's Range 2.050 - 2.250
52-Week Range 1.610 - 5.270
Beta 4.82
Analysts Strong Buy
Price Target 5.50 (+166.99%)
Earnings Date Mar 18, 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]

Industry Capital Markets
Sector Financials
IPO Date Mar 20, 2018
Employees 24
Stock Exchange NASDAQ
Ticker Symbol BTBT
Full Company Profile

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 Statements

Analyst 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 166.99% from the latest price.

Price Target
$5.5
(166.99% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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Other symbols: IQNGD
6 days ago - Invezz

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 ...

11 days ago - PRNewsWire

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...

19 days ago - PRNewsWire

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...

27 days ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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 ...

5 weeks ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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 ...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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 ...

3 months ago - PRNewsWire

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 ...

4 months ago - PRNewsWire

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 ...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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 ...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

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...

9 months ago - PRNewsWire