Bit Digital (BTBT) Stock Price, News & Analysis

Company Overview

Bit Digital, Inc. is a digital asset infrastructure company that operates in cryptocurrency mining and blockchain technology services. The company’s primary activities include bitcoin mining and Ethereum staking, through which it seeks to earn digital assets by contributing computing power and validating transactions on applicable blockchain networks.

Bit Digital has emphasized the use of energy-efficient and environmentally responsible infrastructure for its mining operations. Its activities have included operations and hosting arrangements in North America and Iceland, supported by third-party data center and power providers. The company has also expanded its focus toward digital infrastructure and artificial intelligence-related computing services, including the development of GPU-based infrastructure for high-performance computing applications.

Founded in 2017 as Golden Bull Limited, the company adopted the Bit Digital name in 2020 as it shifted its business toward digital asset mining. Bit Digital is headquartered in New York City and is led by Chief Executive Officer Samir Tabar. Its shares trade on the Nasdaq under the symbol BTBT.

Key Stats

• Today's Range: $1.60 to $1.76
• 50-Day Range: $1.21 to $1.86
• 52-Week Range: $1.18 to $4.55
• Volume: 20.32 million shs
• Average Volume: 24.68 million shs
• Market Capitalization: $587.83 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $4.38
• Consensus Rating: Moderate Buy

Bit Digital Stock Analysis - MarketRank™

Bit Digital scored higher than 83% of companies evaluated by MarketBeat, and ranked 121st out of 598 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Bit Digital has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 1 strong buy rating, 4 buy ratings, 1 hold rating, and 1 sell rating.

Upside Potential

Bit Digital has a consensus price target of $4.38, representing about 168.4% upside from its current price of $1.63.

Amount of Analyst Coverage

Bit Digital has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Bit Digital are expected to grow in the coming year, from ($0.19) to ($0.09) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Bit Digital is -1.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Bit Digital is -1.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Bit Digital has a P/B Ratio of 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

15.79% of the float of Bit Digital has been sold short.

Short Interest Ratio / Days to Cover

Bit Digital has a short interest ratio ("days to cover") of 1.87, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Bit Digital has recently decreased by 17.72%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Bit Digital does not currently pay a dividend.

Dividend Growth

Bit Digital does not have a long track record of dividend growth.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 0.62

News Sentiment

Bit Digital has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Bit Digital this week, compared to 5 articles on an average week.

Search Interest

21 people have searched for BTBT on MarketBeat in the last 30 days. This is an increase of 110% compared to the previous 30 days.

MarketBeat Follows

9 people have added Bit Digital to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 0.6 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Bit Digital insiders have not sold or bought any company stock.

Percentage Held by Insiders

2.00% of the stock of Bit Digital is held by insiders.

Percentage Held by Institutions

47.70% of the stock of Bit Digital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/13/2026
• Today: 10/04/2026
• Next Earnings (Estimated): 11/12/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Technology
• Industry: IT Services
• Sub-Industry: Internet Services & Infrastructure
• Current Symbol: NASDAQ:BTBT
• CIK: 1710350
• Web: www.bit-digital.com
• Phone: (212) 463-5121
• Fax: N/A
• Employees: 104
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Bit Digital: $4.38
• High Price Target: $5.00
• Low Price Target: $3.50
• Potential Upside/Downside: +168.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.71
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): ($1.06)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$80.32 million
• Net Margins: -237.19%
• Pretax Margin: -251.83%
• Return on Equity: -10.66%
• Return on Assets: -6.81%

Debt

• Debt-to-Equity Ratio: 0.69
• Current Ratio: 1.51
• Quick Ratio: 1.51

Sales & Book Value

• Annual Sales: $113.56 million
• Price / Sales: 5.18
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.65 per share
• Price / Book: 0.62

Miscellaneous

• Outstanding Shares: 360,630,000
• Free Float: 353,421,000
• Market Cap: $587.83 million
• Optionable: Optionable
• Beta: 3.84