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Bit Digital Adjourns Shareholder Meeting for Quorum

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Bit Digital Adjourns Shareholder Meeting for Quorum

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Bit Digital ( (BTBT) ) just unveiled an announcement.

On September 17, 2025, Bit Digital, Inc. attempted to hold its General Meeting of Shareholders to approve an increase in the company’s authorized share capital. However, due to the lack of a quorum, the meeting was adjourned to allow further proxy solicitation, with plans to reconvene on September 23, 2025.

The most recent analyst rating on (BTBT) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Bit Digital stock, see the BTBT Stock Forecast page.

Spark’s Take on BTBT Stock

According to Spark, TipRanks’ AI Analyst, BTBT is a Neutral.

Bit Digital’s overall score reflects strong strategic initiatives and revenue growth, tempered by profitability challenges and mixed technical signals. The strategic pivot to Ethereum and successful corporate events are positive, but financial stability and valuation concerns remain significant.

To see Spark’s full report on BTBT stock, click here.

More about Bit Digital

Bit Digital, Inc. operates in the cryptocurrency industry, focusing on digital asset mining, particularly Bitcoin. The company is involved in the acquisition and management of a network of mining equipment to generate cryptocurrencies.

Average Trading Volume: 40,082,077

Technical Sentiment Signal: Buy

Current Market Cap: $973.9M

Learn more about BTBT stock on TipRanks’ Stock Analysis page.

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