Bit Digital Holds Annual Shareholder Meeting on May 20

Bit Digital ( (BTBT) ) has issued an announcement.

On May 20, 2025, Bit Digital, Inc. conducted its Annual Meeting of Shareholders, where key decisions were made, including the election of directors, approval of the 2025 Omnibus Equity Incentive Plan, and ratification of Audit Alliance, LLP as auditors for the fiscal year. The meeting also addressed executive compensation and its voting frequency, reflecting significant shareholder engagement and support for the company’s strategic initiatives.

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.

Bit Digital’s overall stock score of 57 reflects a mixed financial outlook, with strengths in revenue growth and equity stability but significant challenges in profitability and liquidity. The technical analysis suggests short-term momentum, but overvaluation concerns persist due to a negative P/E ratio. While cloud services show promise, the decline in mining revenue and negative financial metrics weigh heavily on the company’s prospects.

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 bitcoin mining and related services. The company is involved in the digital asset sector and aims to leverage blockchain technology to enhance its market position.

Average Trading Volume: 15,344,099

Technical Sentiment Signal: Sell

Current Market Cap: $529.8M

Find detailed analytics on BTBT stock on TipRanks’ Stock Analysis page.