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Bit Digital ( (BTBT) ) has shared an update.
On July 25, 2025, Bit Digital, Inc. appointed Justin Zhu as the Chief Accounting Officer and principal financial officer, while he continues his role as Senior Vice President of Finance. This transition follows Erke Huang’s resignation from the principal financial officer role to focus on the potential IPO of WhiteFiber, Inc., a subsidiary of Bit Digital, where he will serve as CFO. Mr. Zhu, with a background in accounting and finance from Ernst & Young and PricewaterhouseCoopers, will receive a salary and equity compensation as part of his new role.
The most recent analyst rating on (BTBT) stock is a Buy with a $6.00 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.
The overall score reflects strong corporate events and strategic shifts as the most positive aspect, countered by financial performance challenges and valuation concerns due to negative profitability metrics. Technical analysis suggests moderate market conditions.
To see Spark’s full report on BTBT stock, click here.
More about Bit Digital
Average Trading Volume: 33,583,734
Technical Sentiment Signal: Buy
Current Market Cap: $959.9M
See more data about BTBT stock on TipRanks’ Stock Analysis page.