NASDAQ:BTBT Bit Digital (BTBT) Stock Price, News & Analysis $3.64 +0.11 (+3.12%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$3.57▼$3.8750-Day Range$2.38▼$4.2452-Week Range$1.76▼$5.27Volume9.19 million shsAverage Volume12.62 million shsMarket Capitalization$300.23 millionP/E Ratio12.13Dividend YieldN/APrice Target$6.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Bit Digital alerts: Email Address Bit Digital MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside64.8% Upside$6.00 Price TargetShort InterestBearish27.96% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.56Based on 7 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.02) to $0.22 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.36 out of 5 starsBusiness Services Sector121st out of 317 stocksNondepository Credit Institutions Industry17th out of 53 stocks 3.5 Analyst's Opinion Consensus RatingBit Digital has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageBit Digital has only been the subject of 1 research reports in the past 90 days.Read more about Bit Digital's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted27.96% of the outstanding shares of Bit Digital have been sold short.Short Interest Ratio / Days to CoverBit Digital has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Bit Digital has recently increased by 0.87%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldBit Digital does not currently pay a dividend.Dividend GrowthBit Digital does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BTBT. Previous Next 3.1 News and Social Media Coverage News SentimentBit Digital has a news sentiment score of 0.56. 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 news sentiment score is similar to the average news sentiment of Business Services companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Bit Digital this week, compared to 3 articles on an average week.Search Interest33 people have searched for BTBT on MarketBeat in the last 30 days. This is an increase of 57% compared to the previous 30 days.MarketBeat Follows15 people have added Bit Digital to their MarketBeat watchlist in the last 30 days. This is an increase of 275% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bit Digital insiders have not sold or bought any company stock.Percentage Held by Insiders41.30% of the stock of Bit Digital is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions47.70% of the stock of Bit Digital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Bit Digital's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Bit Digital are expected to grow in the coming year, from ($0.02) to $0.22 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bit Digital is 12.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.27.Price to Earnings Ratio vs. SectorThe P/E ratio of Bit Digital is 12.13, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 17.19.Price to Book Value per Share RatioBit Digital has a P/B Ratio of 2.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Bit Digital's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIHow to build the ultimate dividend portfolioThere’s a free dividend workshop that shows how anyone can build the ultimate dividend workshop in 3 basic steps? PLUS: You’ll get the names and tickers of the Best Dividend Stocks for FREE… This way, by the time you finish the workshop you’ll be fully equipped with the knowledge to start unlocking dividend checks for yourself… Over and over again.Click here and I’ll show you how to build the ultimate dividend portfolio. About Bit Digital Stock (NASDAQ:BTBT)Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities; and digital asset staking and digital asset mining businesses, as well as ethereum staking activities. In addition, it provides specialized cloud-infrastructure services for artificial intelligence applications. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, Inc. was founded in 2015 and is headquartered in New York, New York.Read More BTBT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BTBT Stock News HeadlinesJuly 27 at 1:48 AM | seekingalpha.comBitcoin, ether nosedive as risk aversion spills over into cryptoJuly 25 at 11:10 AM | finance.yahoo.comIndividual investors account for 58% of Bit Digital, Inc.'s (NASDAQ:BTBT) ownership, while institutions account for 42%July 27, 2024 | WealthPress (Ad)New trading system called MSFT, NVDA & MSFTLook 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.July 24 at 6:42 AM | ca.finance.yahoo.comBTBT Nov 2024 2.000 callJuly 23, 2024 | americanbankingnews.comInvestors Buy Large Volume of Call Options on Bit Digital (NASDAQ:BTBT)July 19, 2024 | proactiveinvestors.comBit Digital poised for growth with strategic advancements in AI, Ethereum staking: analystsJuly 10, 2024 | benzinga.comBit Digital Strikes Gold: Bullish Signals Shine Bright For Bitcoin MinerJuly 8, 2024 | proactiveinvestors.comEthereum ETF on the horizon as VanEck reportedly moves forward with SEC filingJuly 27, 2024 | WealthPress (Ad)New trading system called MSFT, NVDA & MSFTLook 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.July 5, 2024 | proactiveinvestors.comBit Digital shares rise after $275M HPC contract announcement - ICYMIJuly 5, 2024 | proactiveinvestors.comBit Digital brings in $4.1M in AI contract revenue in JuneJuly 5, 2024 | prnewswire.comBit Digital, Inc. Announces Monthly Production Update for June 2024June 25, 2024 | proactiveinvestors.comBit Digital shares skyrocket on $275M HPC contract expansionJune 25, 2024 | prnewswire.comBit Digital, Inc. Announces Finalized Terms for Contract Expansion with Major HPC Customer; Total Contract Value Now Worth Approximately $275 MillionJune 6, 2024 | proactiveinvestors.comBit Digital achieves $4.2M in AI contract revenue in MayJune 5, 2024 | prnewswire.comBit Digital, Inc. Announces Monthly Production Update for May 2024June 5, 2024 | proactiveinvestors.comBit Digital: AI more than just a buzzword for this bitcoin minerMay 28, 2024 | msn.comCryptoverse: Miners trudge through post-halving worldSee More Headlines Receive BTBT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Bit Digital and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/15/2024Today7/27/2024Next Earnings (Estimated)8/20/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Nondepository credit institutions Sub-IndustryBanking Current SymbolNASDAQ:BTBT CUSIPN/A CIK1710350 Webwww.dianniu98.com Phone(212) 463-5121FaxN/AEmployees10Year FoundedN/APrice Target and Rating Average Stock Price Target$6.00 High Stock Price Target$6.00 Low Stock Price Target$6.00 Potential Upside/Downside+64.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.30 Trailing P/E Ratio12.13 Forward P/E RatioN/A P/E GrowthN/ANet Income$-13,890,000.00 Net Margins57.44% Pretax Margin60.13% Return on Equity0.30% Return on Assets0.25% Debt Debt-to-Equity RatioN/A Current Ratio12.34 Quick Ratio12.34 Sales & Book Value Annual Sales$66.94 million Price / Sales4.49 Cash Flow$0.01 per share Price / Cash Flow597.77 Book Value$1.74 per share Price / Book2.09Miscellaneous Outstanding Shares82,483,000Free Float48,418,000Market Cap$300.24 million OptionableOptionable Beta4.90 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Samir Tabar (Age 50)Chief Executive Officer Comp: $500kMr. Erke Huang (Age 35)CFO & Director Comp: $699.46kMr. William Cameron Schnier C.F.A.Head of Investor RelationsKey CompetitorsByline BancorpNYSE:BYQCRNASDAQ:QCRHFirstsun Capital BancorpNASDAQ:FSUNAmalgamated FinancialNASDAQ:AMALBurke & Herbert Financial ServicesNASDAQ:BHRBView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpBought 126,101 shares on 7/26/2024Ownership: 0.453%SG Americas Securities LLCSold 5,168 shares on 7/12/2024Ownership: 0.026%Tidal Investments LLCSold 29,331 shares on 5/17/2024Ownership: 0.043%California State Teachers Retirement SystemSold 5,398 shares on 5/16/2024Ownership: 0.011%PEAK6 Investments LLCBought 74,657 shares on 5/15/2024Ownership: 0.091%View All Institutional Transactions BTBT Stock Analysis - Frequently Asked Questions How have BTBT shares performed this year? Bit Digital's stock was trading at $4.23 at the beginning of 2024. Since then, BTBT shares have decreased by 13.9% and is now trading at $3.64. View the best growth stocks for 2024 here. How were Bit Digital's earnings last quarter? Bit Digital, Inc. (NASDAQ:BTBT) posted its quarterly earnings results on Wednesday, May, 15th. The company reported $0.03 EPS for the quarter, beating analysts' consensus estimates of $0.01 by $0.02. The company had revenue of $30.29 million for the quarter, compared to the consensus estimate of $25.61 million. Bit Digital had a net margin of 57.44% and a trailing twelve-month return on equity of 0.30%. Who are Bit Digital's major shareholders? Bit Digital's top institutional shareholders include Bank of New York Mellon Corp (0.45%) and SG Americas Securities LLC (0.03%). How do I buy shares of Bit Digital? Shares of BTBT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:BTBT) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | SponsoredJ.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal war...Behind the Markets | SponsoredNext opportunity for crypto millionsThe Bitcoin halving is the #1 creator of "crypto millionaires". That's because historically, every halving has...Crypto 101 Media | SponsoredGet out of cash before the Fed's next meeting"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all...Stansberry Research | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredGrab a pen and write down this ticker - here's whyA megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made...StocksToTrade | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Bit Digital, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Bit Digital With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Free BTBT Stock Alerts