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Bit Digital (BTBT)
NASDAQ:BTBT
BTBT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$1.76 - $5.74
Previous CloseN/A
Volume6.30M
Average Volume (3M)16.39M
Market Cap
$425.07M
Enterprise Value$322.56M
Total Cash (Recent Filing)$2.33M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)9.6
Beta2.85
Next Earnings
Apr 24, 2025EPS Estimate
-0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.24
Shares Outstanding182,435,010
10 Day Avg. Volume13,357,807
30 Day Avg. Volume16,390,678
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)9.46
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market Cap0.76
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit2.99
Enterprise Value/Ebitda5.90
Forecast
1Y Price Target
$7.83Price Target Upside214.46% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
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Bulls Say, Bears Say
Bulls Say
AcquisitionsThe $46M Enovum acquisition added a fully operational 4MW datacenter, a 288MW development pipeline, and a seasoned team with 25-plus years of datacenter experience to provide an infrastructure foundation in Bit Digital's growth.
Revenue GrowthBit Digital's decisive pivot into high-performance computing (HPC) showcased FY24 as a striking metamorphosis, pushing revenue higher by 141% to $108.1M.
Strategic PartnershipsBit 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.
Bears Say
Deployment ChallengesMomentum appears to be accelerating into early 2025 with multiple high-visibility deployments detailed, where the volume and fluidity of which are tricky to map out in their collective contribution.
Market MisperceptionBit 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.
Sales DeclineSales fell to $22.7M, down 22% from the previous quarter, primarily due to the halving's effect on bitcoin mining.
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Ownership Overview
0.10% Insiders
2.75% Mutual Funds
3.37% Other Institutional Investors
74.76% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BTBT FAQ
What was Bit Digital’s price range in the past 12 months?
Bit Digital lowest stock price was $1.76 and its highest was $5.74 in the past 12 months.
What is Bit Digital’s market cap?
Bit Digital’s market cap is $425.07M.
When is Bit Digital’s upcoming earnings report date?
Bit Digital’s upcoming earnings report date is Apr 24, 2025 which is in 30 days.
How were Bit Digital’s earnings last quarter?
Bit Digital released its earnings results on Mar 14, 2025. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of -$0.047 by $0.157.
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 -0.04.
How many shares outstanding does Bit Digital have?
Bit Digital has 182,435,010 shares outstanding.
What happened to Bit Digital’s price movement after its last earnings report?
Bit Digital reported an EPS of $0.11 in its last earnings report, beating expectations of -$0.047. Following the earnings report the stock price went up 7.489%.
Which hedge fund is a major shareholder of Bit Digital?
Currently, no hedge funds are holding shares in BTBT
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Bit Digital Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$7.83 (214.46% Upside)
$7.83 (214.46% Upside)
Blogger Sentiment
Bullish
BTBT Sentiment 100%
Sector Average 66%
Sector Average 66%
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 8.2%
Last 30 Days ▼ 8.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-8.98%
12-Months-Change
Fundamentals
Return on Equity
9.19%
Trailing 12-Months
Asset Growth
184.29%
Trailing 12-Months
Company Description
Bit Digital
Bit Digital, Inc. (BTBT) is a cryptocurrency mining company primarily engaged in the production of Bitcoin. The company operates large-scale data centers that are used to validate transactions on the Bitcoin network, thereby earning Bitcoin as a reward. Bit Digital is focused on leveraging its mining capabilities to maximize efficiency and profitability in the rapidly evolving digital currency sector.
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BTBT Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted significant growth and strategic advancements in Bit Digital's HPC and cloud services, with promising future revenue streams and successful acquisitions. However, there were some concerns about gross profit contraction and potential tariff impacts on data center costs. The company is focusing on non-dilutive financing methods and maintaining a lean mining operation.Read More>---
BTBT Stock 12 Month Forecast
Average Price Target
$7.83
▲(214.46% Upside)
Technical Analysis
Best Analysts Covering BTBT
1 Year
1 Year Success Rate
11/19 ratings generated profit
1 Year Average Return
+27.22%
reiterated a buy rating 9 days ago
Copying Kevin Dede's trades and holding each position for 1 Year would result in 57.89% of your transactions generating a profit, with an average return of +27.22% per trade.
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