Bit Digital, Inc. (BTBT)

Market Cap	440.45M
Revenue (ttm)	66.94M
Net Income (ttm)	38.45M
Shares Out	121.00M
EPS (ttm)	0.30
PE Ratio	12.13
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	9,138,694
Open	3.720
Previous Close	3.530
Day's Range	3.570 - 3.875
52-Week Range	1.760 - 5.270
Beta	4.91
Analysts	Strong Buy
Price Target	6.00 (+64.84%)
Earnings Date	Aug 13, 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...

• Industry: Capital Markets
• Sector: Financials
• IPO Date: Mar 20, 2018
• Employees: 24
• Stock Exchange: NASDAQ
• Ticker Symbol: BTBT

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.

Analyst Forecast

According to 2 analysts, the average rating for BTBT stock is "Strong Buy." The 12-month stock price forecast is $6.0, which is an increase of 64.84% from the latest price.

Price Target

$6.0

(64.84% upside)

Analyst Consensus: Strong Buy