Bit Digital price target raised to $7 from $6 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Bit Digital to $7 from $6 and keeps a Buy rating on the shares. The company held a call discussing its entry into the infrastructure and energy side of bitcoin mining and high-performance computing through the $46M acquisition of Enovum Data Centers, the analyst tells investors in a research note.