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Bit Digital, Inc. (BTBT)
:BTBT
BTBT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$1.69 - $5.74
Previous CloseN/A
Volume6.30M
Average Volume (3M)15.19M
Market Cap
$338.10M
Enterprise Value$322.56M
Total Cash (Recent Filing)$6.19M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)7.6
Beta2.08
Next Earnings
Apr 24, 2025EPS Estimate
-0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.24
Shares Outstanding182,758,040
10 Day Avg. Volume15,563,010
30 Day Avg. Volume15,185,266
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 Cap0.95
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit3.18
Enterprise Value/Ebitda2.92
Forecast
1Y Price Target
$6.25Price Target Upside237.84% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
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Bulls Say, Bears Say
Bulls Say
Client ExpansionWhiteFiber, Bit Digital's newly branded HPC platform, has quickly evolved into a significant growth driver, scaling to more than 20 enterprise clients from one initial cloud customer within a year.
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 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.
Bears Say
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.
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, Inc.’s price range in the past 12 months?
Bit Digital, Inc. lowest stock price was $1.69 and its highest was $5.74 in the past 12 months.
What is Bit Digital, Inc.’s market cap?
Bit Digital, Inc.’s market cap is $338.10M.
When is Bit Digital, Inc.’s upcoming earnings report date?
Bit Digital, Inc.’s upcoming earnings report date is Apr 24, 2025 which is in 10 days.
How were Bit Digital, Inc.’s earnings last quarter?
Bit Digital, Inc. 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, Inc. overvalued?
According to Wall Street analysts Bit Digital, Inc.’s price is currently Undervalued.
Does Bit Digital, Inc. pay dividends?
Bit Digital, Inc. does not currently pay dividends.
What is Bit Digital, Inc.’s EPS estimate?
Bit Digital, Inc.’s EPS estimate is -0.04.
How many shares outstanding does Bit Digital, Inc. have?
Bit Digital, Inc. has 182,758,040 shares outstanding.
What happened to Bit Digital, Inc.’s price movement after its last earnings report?
Bit Digital, Inc. 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, Inc.?
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:
$6.25 (237.84% Upside)
$6.25 (237.84% Upside)
Blogger Sentiment
Bullish
BTBT Sentiment 70%
Sector Average 68%
Sector Average 68%
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.1%
Last 30 Days ▼ 3.5%
Last 30 Days ▼ 3.5%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-17.77%
12-Months-Change
Fundamentals
Return on Equity
9.19%
Trailing 12-Months
Asset Growth
184.29%
Trailing 12-Months
Company Description
Bit Digital, Inc.
Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, Inc. was incorporated in 2017 and is headquartered in New York, New York.
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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
$6.25
▲(237.84% Upside)
Technical Analysis
Best Analysts Covering BTBT
1 Year
1 Year Success Rate
9/19 ratings generated profit
1 Year Average Return
+20.68%
reiterated a buy rating 29 days ago
Copying Kevin Dede's trades and holding each position for 1 Year would result in 47.37% of your transactions generating a profit, with an average return of +20.68% per trade.
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