CSCO

64.01

-0.96%↓

AMAT

171.91

-2.35%↓

PANW

191.15

-3.78%↓

CSCO

64.01

-0.96%↓

AMAT

171.91

-2.35%↓

PANW

191.15

-3.78%↓

CSCO

64.01

-0.96%↓

AMAT

171.91

-2.35%↓

PANW

191.15

-3.78%↓

CSCO

64.01

-0.96%↓

AMAT

171.91

-2.35%↓

PANW

191.15

-3.78%↓

CSCO

64.01

-0.96%↓

AMAT

171.91

-2.35%↓

PANW

191.15

-3.78%↓

Search

Bit Digital Inc

Closed

2.71 -8.14

Overview

Share price change

24h

Current

Min

2.71

Max

2.73

Key metrics

By Trading Economics

Income

-27M

-39M

Sales

-6.2M

23M

EPS

-0.113

Profit margin

-170.841

Employees

24

EBITDA

-15M

-6.4M

Recommendations

By TipRanks

Recommendations

Strong Buy

12 Months Forecast

+176.75 upside

Dividends

By Dow Jones

Next Earnings

14 Mar 2025

Market Stats

By TradingEconomics

Market Cap

457M

Previous open

10.85

Previous close

2.71

Technical Score

By Trading Central

Confidence

Bearish Evidence

Bit Digital Inc Chart

Past performance is not a reliable indicator of future results.

Related News

15 May 2024, 20:40 UTC

Earnings

Bit Digital: Paid Approximately $0.05 Per Kilowatt Hour to Its Hosting Partners for Electricity Consumed During the 1Q >BTBT

15 May 2024, 20:40 UTC

Earnings

Bit Digital: Purchased Approximately 2,350 Bitcoin Mining Units During 1Q >BTBT

15 May 2024, 20:40 UTC

Earnings

Bit Digital: Active Hash Rate of Bitcoin Mining Fleet Approximately 2.76 EH/s as of March 31 >BTBT

15 May 2024, 20:40 UTC

Earnings

Bit Digital: Earned 410.7 Bitcoins During 1Q, a 13% Increase From the Prior Yr, Growth Primarily Driven by Higher Active Hash Rate and Partially Offset by Increase in Network Difficulty >BTBT

15 May 2024, 20:38 UTC

Earnings

Bit Digital: Total Assets Were $291.1M and Shareholders' Equity $265.2M as of March 31 >BTBT

15 May 2024, 20:38 UTC

Earnings

Bit Digital: Total Rev for 1Q Was 266% Higher Compared to 1Q 2023, Primarily Driven by the Commencement of Bit Digital AI Business and Higher Realized Bitcoin Price >BTBT

15 May 2024, 20:38 UTC

Earnings

Bit Digital: Rev From Bitcoin Mining Was $21.9M for 1Q, a 166% Increase Compared to the Prior Year's Qtr >BTBT

15 May 2024, 20:38 UTC

Earnings

Bit Digital: Cash, Cash Equivalents and Restricted Cash of $35.5M, and Total Liquidity of Approximately $163.2 Million as of March 31 >BTBT

15 May 2024, 20:38 UTC

Earnings

Bit Digital: Bit Digital AI Business, Referred to as High Performance Computing Services, Began Generating Rev in Jan and Recognized $8.1M of Rev During Qtr >BTBT

15 May 2024, 20:38 UTC

Earnings

Bit Digital 1Q EPS 43c >BTBT

15 May 2024, 20:33 UTC

Earnings

Bit Digital 1Q Rev $30.3M >BTBT

18 Mar 2024, 20:42 UTC

Earnings

Bit Digital: Seek to Diversify and Grow Bit Digital AI With Goal of Increasing Annualized Rev to $100M by Yr-End 2024 >BTBT

18 Mar 2024, 20:42 UTC

Earnings

Bit Digital: Approximately 93% of Fleet's Run-Rate Electricity Consumption Generated From Carbon-Free Energy Sources as of Dec 31 >BTBT

18 Mar 2024, 20:42 UTC

Earnings

Bit Digital: Strategic Priorities for 2024 Include Expand the Active Bitcoin Mining Fleet to Approximately 6.0 EH/s >BTBT

18 Mar 2024, 20:42 UTC

Earnings

Bit Digital: Purchased Approximately 10,900 Bitcoin Mining Units During 2023 >BTBT

18 Mar 2024, 20:42 UTC

Earnings

Bit Digital: Active Hash Rate of Its Bitcoin Mining Fleet Was Approximately 2.50 EH/s as of Dec 31 >BTBT

18 Mar 2024, 20:42 UTC

Earnings

Bit Digital: As of Dec 31, Had 46,548 Miners Owned or Operating (in Iceland) for Bitcoin Mining With Total Maximum Hash Rate of 3.9 EH/S >BTBT

18 Mar 2024, 20:42 UTC

Earnings

Bit Digital: Paid Approximately $0.05 Per Kilowatt Hour to Its Hosting Partners for Electricity Consumed During FY23 >BTBT

18 Mar 2024, 20:39 UTC

Earnings

Bit Digital: Earned 1,507.3 Bitcoins During 2023, a 21% Increase From Prior Yr, Growth Driven by Higher Active Hash Rate and Partially Offset by an Increase in Network Difficulty >BTBT

18 Mar 2024, 20:39 UTC

Earnings

Bit Digital: Cash, Cash Equivalents and Restricted Cash of $18.2M, Total Liquidity of Approximately $81.2Million as of Dec 31 >BTBT

18 Mar 2024, 20:39 UTC

Earnings

Bit Digital: Revenue for FY23 Was $44.9M, a 39% Increase Compared to Prior Yr, Majority of Rev Was Earned From Bitcoin Mining Business >BTBT

18 Mar 2024, 20:39 UTC

Earnings

Bit Digital, Inc.: Announces Fiscal Yr 2023 Fincl Results

Peer Comparison

Price change

Bit Digital Inc Forecast

Price Target

By TipRanks

176.75% upside

12 Months Forecast

Average 7.5 USD  176.75%

High 11 USD

Low 5.5 USD

Based on 4 Wall Street analysts offering 12 month price targets forBit Digital Inc - Dist in the last 3 months.

Rating Consensus

By TipRanks

Strong Buy

4 ratings

4

Buy

0

Hold

0

Sell

Technical Score

By Trading Central

N/A / 3.095Support & Resistance

Short Term

Bearish Evidence

Intermediate Term

Strong Bearish Evidence

Long Term

Bearish Evidence

Financials

Selling and administration expenses

Operating expenses

Pre-tax profit

Sales

Cost of sales

Gross profit on sales

Interest expense on debt

EBITDA

Operating profit

$

About 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; 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.