Education
About Us
Working with TipRanks
Follow Us
Bit Digital (BTBT)
NASDAQ:BTBT
BTBT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$1.69 - $5.74
Previous CloseN/A
Volume6.30M
Average Volume (3M)52.65M
Market Cap
$937.50M
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)8.8
Beta2.08
Next Earnings
Aug 14, 2025EPS Estimate
-0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.32
Shares Outstanding319,965,100
10 Day Avg. Volume49,597,394
30 Day Avg. Volume52,652,206
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.00
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$6.17Price Target Upside117.25% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Bulls Say, Bears Say
Bulls Say
Partnerships And ExpansionBit Digital is expanding its service with Boosteroid, the world's third-largest cloud gaming provider, and is finalizing an agreement expected to generate $2.4M from its current $1.6M in annual revenue.
Revenue GrowthThe analyst maintains a Buy rating and $7 price target based on expected consistent revenue growth and margin expansion, independent of bitcoin mining economics.
Strategic TransformationBit Digital's decisive pivot into high-performance computing (HPC) showcased FY24 as a striking metamorphosis, pushing revenue higher by 141% to $108.1M.
Bears Say
Cryptocurrency HoldingsBit Digital's crypto balance fell to $80.1M from $161.8M held at December-end on the sale of $32M bitcoin and price compression.
Cryptocurrency RiskAn investment in Bit Digital includes a significant level of risk due to the speculative nature of cryptocurrencies and other challenges.
Market PerceptionBit Digital’s rapid, adept pivot toward transparent, predictable, higher-margin HPC infrastructure, service, and support appears overlooked by investors as it seems Bit Digital is still unfairly lumped into the bitcoin mining bucket.
Bit Digital News
BTBT FAQ
What was Bit Digital’s price range in the past 12 months?
Bit Digital lowest stock price was $1.69 and its highest was $5.74 in the past 12 months.
What is Bit Digital’s market cap?
Bit Digital’s market cap is $937.50M.
When is Bit Digital’s upcoming earnings report date?
Bit Digital’s upcoming earnings report date is Aug 14, 2025 which is in 13 days.
How were Bit Digital’s earnings last quarter?
Bit Digital released its earnings results on May 15, 2025. The company reported -$0.32 earnings per share for the quarter, missing the consensus estimate of -$0.048 by -$0.272.
Is Bit Digital overvalued?
According to Wall Street analysts Bit Digital’s price is currently Undervalued.
Does Bit Digital pay dividends?
Bit Digital does not currently pay dividends.
What is Bit Digital’s EPS estimate?
Bit Digital’s EPS estimate is -0.02.
How many shares outstanding does Bit Digital have?
Bit Digital has 319,965,100 shares outstanding.
What happened to Bit Digital’s price movement after its last earnings report?
Bit Digital reported an EPS of -$0.32 in its last earnings report, missing expectations of -$0.048. Following the earnings report the stock price went up 15.534%.
Which hedge fund is a major shareholder of Bit Digital?
Currently, no hedge funds are holding shares in BTBT
Bit Digital Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$6.17 (117.25% Upside)
$6.17 (117.25% Upside)
Blogger Sentiment
Bullish
BTBT Sentiment 100%
Sector Average 68%
Sector Average 68%
Insider Transactions
Bought Shares
Worth $2.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.7%
Last 30 Days ▲ 25.7%
Last 30 Days ▲ 25.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-19.54%
12-Months-Change
Fundamentals
Return on Equity
-23.29%
Trailing 12-Months
Asset Growth
66.69%
Trailing 12-Months
Company Description
Bit Digital
Bit Digital, Inc. (BTBT) is a digital asset mining company primarily focused on bitcoin mining. The company operates data centers in North America where it leverages specialized computing hardware to validate transactions on the Bitcoin network and earn bitcoin as rewards. Bit Digital is part of the broader technology and cryptocurrency sector, providing services that contribute to the infrastructure of blockchain technology.
BTBT Earnings Call
Q1 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed performance for Bit Digital, with significant growth in cloud services and strategic expansions in data centers. However, these positives are offset by a substantial decline in mining revenue, overall revenue decrease, and challenges in hardware reliability. The company's financial position remains strong with no debt, but the negative adjusted EBITDA and net loss signify financial hurdles.Read More>BTBT Stock 12 Month Forecast
Average Price Target
$6.17
▲(117.25%Upside)
Technical Analysis
Ownership Overview
0.98% Insiders
1.47% Mutual Funds
0.01% Other Institutional Investors
86.60% Public Companies and Individual Investors