Bit Digital Stock Price, News & Analysis (NASDAQ:BTBT) $3.32 0.00 (0.00%) (As of 12/6/2023 ET) Add Compare Share Share Today's Range$3.24▼$3.4550-Day Range$1.97▼$3.3252-Week Range$0.53▼$4.80Volume7.25 million shsAverage Volume3.68 million shsMarket Capitalization$273.84 millionP/E RatioN/ADividend YieldN/APrice Target$5.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial Media Bit Digital MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside50.6% Upside$5.00 Price TargetShort InterestBearish15.77% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.64Based on 8 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($0.21) to ($0.25) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.98 out of 5 starsBusiness Services Sector166th out of 271 stocksNondepository Credit Institutions Industry21st out of 46 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 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.00, Bit Digital has a forecasted upside of 50.6% from its current price of $3.32.Amount of Analyst CoverageBit Digital has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted15.77% 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 4.Change versus previous monthShort interest in Bit Digital has recently decreased by 0.84%, indicating that investor sentiment is improving. 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 3.7 News and Social Media Coverage News SentimentBit Digital has a news sentiment score of 0.64. 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 0.47 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Bit Digital this week, compared to 1 article on an average week.Search Interest13 people have searched for BTBT on MarketBeat in the last 30 days. This is an increase of 117% compared to the previous 30 days.MarketBeat Follows4 people have added Bit Digital to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 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 InstitutionsOnly 24.17% of the stock of Bit Digital is held by institutions. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Bit Digital are expected to decrease in the coming year, from ($0.21) to ($0.25) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bit Digital is -3.57, 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. SectorThe P/E ratio of Bit Digital is -3.57, 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 RatioBit Digital has a P/B Ratio of 3.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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. 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 HeadlinesDecember 7, 2023 | americanbankingnews.comFY2024 EPS Estimates for Bit Digital, Inc. (NASDAQ:BTBT) Boosted by HC WainwrightDecember 6, 2023 | msn.comWhat's Going On With Shares Of Bitcoin Miner Bit Digital Wednesday?December 7, 2023 | Edge On The Street (Ad)Henry Ford Would NEVER Have Seen This ComingIn 1908, Henry Ford used a metal called vanadium in his Model T cars. Over a century later, automakers still turn to vanadium to make car bodies lighter and stronger. Today, this under-appreciated metal plays the starring role in cutting-edge battery tech set to revolutionize the energy storage market.December 6, 2023 | msn.comBit Digital mined 24% more bitcoin in NovemberDecember 5, 2023 | americanbankingnews.comBit Digital (NASDAQ:BTBT) Price Target Increased to $5.00 by Analysts at HC WainwrightDecember 1, 2023 | finance.yahoo.comNew Forecasts: Here's What Analysts Think The Future Holds For Bit Digital, Inc. (NASDAQ:BTBT)November 24, 2023 | markets.businessinsider.comEXCLUSIVE: Bitcoin Halving Looms — Miners Strategize To Weather The StormNovember 20, 2023 | finance.yahoo.comIs Bit Digital (BTBT) Outperforming Other Business Services Stocks This Year?December 7, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 20, 2023 | finance.yahoo.comBit Digital, Inc. Announces Finalized AI Customer Contract Terms and Datacenter LocationNovember 17, 2023 | finance.yahoo.comInvestors in Bit Digital (NASDAQ:BTBT) have seen stellar returns of 107% over the past yearNovember 14, 2023 | benzinga.comRecap: Bit Digital Q3 EarningsNovember 14, 2023 | finance.yahoo.comBit Digital, Inc. Announces Third Quarter of Fiscal Year 2023 Financial ResultsNovember 6, 2023 | finance.yahoo.comBit Digital, Inc. Announces Monthly Production Update for October 2023November 1, 2023 | morningstar.comBit Digital Inc Ordinary Shares BTBTOctober 25, 2023 | msn.comSoluna, Bit Digital sign hosting partnership for a year at its Kentucky siteOctober 25, 2023 | finance.yahoo.comBit Digital, Inc. Announces New Hosting LocationOctober 24, 2023 | msn.comBitcoin Stocks Skyrocket, Slice Past Key Technical Barriers Like Knife Through ButterOctober 23, 2023 | finance.yahoo.comBit Digital, Inc. Launches New AI Business: Secures Customer Contract Worth up to $257 Million, Procures NVIDIA H100 GPUsOctober 15, 2023 | finance.yahoo.comWill Bit Digital (NASDAQ:BTBT) Spend Its Cash Wisely?October 4, 2023 | finance.yahoo.comBit Digital, Inc. Announces Monthly Production Update for September 2023September 14, 2023 | msn.comWhy Are These 3 Bitcoin Mining Stocks Surging Today?September 5, 2023 | finance.yahoo.comBit Digital, Inc. Announces Monthly Production Update for August 2023August 30, 2023 | benzinga.comBit Digital (NASDAQ: BTBT) Reports Healthy Financial Position At End Of Q2 2023 With Sustainability Focus With A 99% Carbon-Free FleetAugust 21, 2023 | finance.yahoo.comHas Bit Digital (BTBT) Outpaced Other Business Services Stocks This Year?August 21, 2023 | benzinga.com1BTBT : Ethereum Has Evolved – Bit Digital Allows Crypto Investors To Align Their...August 17, 2023 | msn.comHC Wainwright & Co. Reiterates Bit Digital (BTBT) Buy RecommendationSee 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 Earnings11/14/2023Today12/07/2023Fiscal Year End12/31/2023Next Earnings (Estimated)4/26/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Nondepository credit institutions Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:BTBT CUSIPN/A CIK1710350 Webwww.dianniu98.com Phone(212) 463-5121FaxN/AEmployees18Year FoundedN/APrice Target and Rating Average Stock Price Target$5.00 High Stock Price Target$5.00 Low Stock Price Target$5.00 Potential Upside/Downside+50.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.93) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-105,300,000.00 Net Margins-203.39% Pretax Margin-220.80% Return on Equity-79.60% Return on Assets-66.53% Debt Debt-to-Equity RatioN/A Current Ratio29.60 Quick Ratio29.60 Sales & Book Value Annual Sales$36.64 million Price / Sales7.47 Cash FlowN/A Price / Cash FlowN/A Book Value$0.98 per share Price / Book3.39Miscellaneous Outstanding Shares82,483,000Free Float48,418,000Market Cap$273.84 million OptionableNot Optionable Beta4.46 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Samir Tabar (Age 50)Chief Executive Officer Comp: $500kMr. Erke Huang (Age 34)CFO & Director Comp: $64kMr. William Cameron Schnier C.F.A.Head of Investor RelationsMr. Jiashu XiongExecutive DirectorKey CompetitorsCompoSecureNASDAQ:CMPOOppFiNYSE:OPFIMoneyLionNYSE:MLHut 8 MiningNASDAQ:HUTGreen DotNYSE:GDOTView All CompetitorsInstitutional OwnershipCitigroup Inc.Sold 3,726 shares on 12/6/2023Ownership: 0.023%Wellington Management Group LLPSold 15,923 shares on 12/1/2023Ownership: 0.074%American Century Companies Inc.Bought 81,534 shares on 11/30/2023Ownership: 0.099%Deutsche Bank AGBought 8,117 shares on 11/24/2023Ownership: 0.048%Walleye Capital LLCBought 49,187 shares on 11/21/2023Ownership: 0.060%View All Institutional Transactions BTBT Stock Analysis - Frequently Asked Questions Should I buy or sell Bit Digital stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bit Digital in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" BTBT shares. View BTBT analyst ratings or view top-rated stocks. What is Bit Digital's stock price target for 2024? 1 Wall Street analysts have issued 1-year target prices for Bit Digital's stock. Their BTBT share price targets range from $5.00 to $5.00. On average, they anticipate the company's stock price to reach $5.00 in the next twelve months. This suggests a possible upside of 50.6% from the stock's current price. View analysts price targets for BTBT or view top-rated stocks among Wall Street analysts. How have BTBT shares performed in 2023? Bit Digital's stock was trading at $0.60 at the start of the year. Since then, BTBT stock has increased by 453.3% and is now trading at $3.32. View the best growth stocks for 2023 here. When is Bit Digital's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024. View our BTBT earnings forecast. How were Bit Digital's earnings last quarter? Bit Digital, Inc. (NASDAQ:BTBT) announced its earnings results on Tuesday, November, 14th. The company reported ($0.04) EPS for the quarter, topping analysts' consensus estimates of ($0.07) by $0.03. The business earned $11.56 million during the quarter, compared to analysts' expectations of $11 million. Bit Digital had a negative net margin of 203.39% and a negative trailing twelve-month return on equity of 79.60%. What ETFs hold Bit Digital's stock? ETFs with the largest weight of Bit Digital (NASDAQ:BTBT) stock in their portfolio include Valkyrie Bitcoin Miners ETF (WGMI), Global X Blockchain ETF (BKCH), Invesco Alerian Galaxy Crypto Economy ETF (SATO), VanEck Digital Transformation ETF (DAPP), Bitwise Crypto Industry Innovators ETF (BITQ), VanEck Digital Assets Mining ETF (DAM), Grayscale Future of Finance ETF (GFOF) and Fidelity Crypto Industry and Digital Payments ETF (FDIG). Who are Bit Digital's major shareholders? Bit Digital's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Invesco Ltd. (6.86%), Van ECK Associates Corp (2.47%), Mirae Asset Global Investments Co. Ltd. (1.75%), Exchange Traded Concepts LLC (1.06%), Northern Trust Corp (0.58%) and Quadrature Capital Ltd (0.46%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:BTBT) was last updated on 12/7/2023 by MarketBeat.com Staff 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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