NASDAQ:BTBT Bit Digital (BTBT) Stock Price, News & Analysis → NVIDIA is a laughing stock compared to this (From Traders Agency) (Ad) Free BTBT Stock Alerts $2.17 -0.12 (-5.24%) (As of 05/7/2024 ET) Add Compare Share Share Today's Range$2.13▼$2.2550-Day Range$1.81▼$3.1052-Week Range$1.76▼$5.27Volume3.69 million shsAverage Volume7.72 million shsMarket Capitalization$178.98 millionP/E RatioN/ADividend YieldN/APrice Target$5.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Bit Digital alerts: Email Address Bit Digital MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside153.5% Upside$5.50 Price TargetShort InterestBearish25.16% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.08Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth250.00%From $0.02 to $0.07 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.2.93 out of 5 starsBusiness Services Sector131st out of 313 stocksNondepository Credit Institutions Industry15th out of 48 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 2 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 Shorted25.16% 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 2.7, 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 14.45%, indicating that investor sentiment is decreasing significantly. 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 1.6 News and Social Media Coverage News SentimentBit Digital has a news sentiment score of -0.08. 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 lower news sentiment than the 0.37 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Bit Digital this week, compared to 2 articles on an average week.Search InterestOnly 34 people have searched for BTBT on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.MarketBeat Follows12 people have added Bit Digital to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 by 250.00% in the coming year, from $0.02 to $0.07 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bit Digital is -13.56, 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 -13.56, 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 1.25. 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 DTIweirdest stock market marches onFor the last few months, Graham Lindman has been urging investors to ignore virtually every stock on the exchange and only focus on the handful of “Apex Stocks” that produce all the wealth. And he sure seems to be right! Because while we’re in an extremely bullish market, it’s not because most companies are doing that well. It’s because a handful of wealth generating juggernauts are yanking the market to all time highs. That’s why this headline called it the “Weirdest bull market”Graham is hosting a “tell all” workshop about his Apex Indicator 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. 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 HeadlinesMay 6, 2024 | prnewswire.comBit Digital, Inc. Announces Monthly Production Update for April 2024May 3, 2024 | fool.comAfter the Halving, Could These Under-the-Radar Bitcoin Mining Stocks Have a New Multimillion-Dollar Market Opportunity in Artificial Intelligence?May 7, 2024 | Colonial Metals (Ad)The Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.May 3, 2024 | finance.yahoo.comShareholders in Bit Digital (NASDAQ:BTBT) are in the red if they invested three years agoMay 1, 2024 | investorplace.com3 Meme Stocks to Buy on the Dip: April 2024April 30, 2024 | thestreet.comCrypto advocates explain how bitcoin's technology base can unleash untapped valueApril 28, 2024 | americanbankingnews.comBit Digital (NASDAQ:BTBT) and BTCS (NASDAQ:BTCS) Critical SurveyApril 26, 2024 | benzinga.comLooking Into Bit Digital's Recent Short InterestMay 7, 2024 | Colonial Metals (Ad)The Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.April 18, 2024 | finance.yahoo.comBit Digital, Inc. (BTBT)April 17, 2024 | finance.yahoo.comBit Digital, Inc. (BTBT) Stock Moves -0.55%: What You Should KnowApril 7, 2024 | investorplace.comThe 7 Best Penny Stocks to Buy in April 2024April 4, 2024 | markets.businessinsider.comAnalysts Are Bullish on These Financial Stocks: Bit Digital (BTBT), Galaxy Digital Holdings (BRPHF)April 3, 2024 | finance.yahoo.comBit Digital, Inc. Announces Monthly Production Update for March 2024April 3, 2024 | msn.com3 Crypto Stocks to Buy Before They Erupt After the HalvingMarch 28, 2024 | msn.comBit Digital, Bitcoin Mining Stock, Sees Uptick: What’s Behind the Movement?March 27, 2024 | msn.comBitcoin Mining Stock Bit Digital Is Moving Higher: What's Going On?March 26, 2024 | prnewswire.comBit Digital, Inc. Announces Customer Proposal to Expand Existing Agreement by an Additional 2,048 GPUsMarch 23, 2024 | finance.yahoo.comAnalysts Just Made A Sizeable Upgrade To Their Bit Digital, Inc. (NASDAQ:BTBT) ForecastsMarch 22, 2024 | fool.comWhy Shares of Bit Digital Stock Were Rising This WeekMarch 21, 2024 | seekingalpha.comBit Digital, Inc. (BTBT) Q4 2023 Earnings Call TranscriptMarch 20, 2024 | markets.businessinsider.comBuy Rating Affirmed for Bit Digital on Strong Performance and Strategic ExpansionMarch 20, 2024 | finance.yahoo.comBit Digital, Inc. (NASDAQ:BTBT) Q4 2023 Earnings Call TranscriptMarch 18, 2024 | benzinga.comBit Digital: Q4 Earnings InsightsMarch 18, 2024 | investorplace.comBTBT Stock Earnings: Bit Digital Beats EPS, Beats Revenue for Q4 2023March 18, 2024 | prnewswire.comBit Digital, Inc. Announces Fiscal Year 2023 Financial ResultsMarch 17, 2024 | msn.comBit Digital FY 2023 Earnings PreviewSee 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 Earnings3/18/2024Today5/07/2024Next Earnings (Estimated)6/10/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Nondepository credit institutions Sub-IndustryN/A Current SymbolNASDAQ:BTBT CUSIPN/A CIK1710350 Webwww.dianniu98.com Phone(212) 463-5121FaxN/AEmployees24Year FoundedN/APrice Target and Rating Average Stock Price Target$5.50 High Stock Price Target$6.00 Low Stock Price Target$5.00 Potential Upside/Downside+140.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.16) Trailing P/E RatioN/A Forward P/E Ratio114.50 P/E GrowthN/ANet Income$-13,890,000.00 Net Margins-30.93% Pretax Margin-30.31% Return on Equity-6.20% Return on Assets-5.04% Debt Debt-to-Equity RatioN/A Current Ratio3.08 Quick Ratio3.08 Sales & Book Value Annual Sales$44.92 million Price / Sales4.20 Cash FlowN/A Price / Cash FlowN/A Book Value$1.74 per share Price / Book1.32Miscellaneous Outstanding Shares82,480,000Free Float48,418,000Market Cap$188.88 million OptionableOptionable Beta4.85 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.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 CompetitorsMogoNASDAQ:MOGOOppFiNYSE:OPFISOSNYSE:SOSGreen DotNYSE:GDOTCompoSecureNASDAQ:CMPOView All CompetitorsInstitutional OwnershipSusquehanna Portfolio Strategies LLCSold 78,424 shares on 5/7/2024Ownership: 0.078%SG Americas Securities LLCSold 19,833 shares on 5/7/2024Ownership: 0.032%Mirae Asset Global Investments Co. Ltd.Bought 165,044 shares on 5/1/2024Ownership: 2.316%Van ECK Associates CorpBought 2,862,309 shares on 4/30/2024Ownership: 6.062%Simplicity Wealth LLCBought 11,336 shares on 4/24/2024Ownership: 0.014%View All Institutional Transactions BTBT Stock Analysis - Frequently Asked Questions Should I buy or sell Bit Digital stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bit Digital in the last year. There are currently 2 buy ratings 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? 2 equities research analysts have issued twelve-month price objectives for Bit Digital's stock. Their BTBT share price targets range from $5.00 to $6.00. On average, they predict the company's stock price to reach $5.50 in the next year. This suggests a possible upside of 153.5% 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 2024? Bit Digital's stock was trading at $4.23 at the start of the year. Since then, BTBT stock has decreased by 48.7% and is now trading at $2.17. View the best growth stocks for 2024 here. Are investors shorting Bit Digital? Bit Digital saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 20,750,000 shares, an increase of 14.5% from the March 31st total of 18,130,000 shares. Based on an average trading volume of 7,650,000 shares, the short-interest ratio is presently 2.7 days. View Bit Digital's Short Interest. When is Bit Digital's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, June 10th 2024. View our BTBT earnings forecast. How were Bit Digital's earnings last quarter? Bit Digital, Inc. (NASDAQ:BTBT) released its earnings results on Monday, March, 18th. The company reported ($0.02) EPS for the quarter, topping analysts' consensus estimates of ($0.06) by $0.04. The company earned $16.05 million during the quarter, compared to analyst estimates of $12.06 million. Bit Digital had a negative net margin of 30.93% and a negative trailing twelve-month return on equity of 6.20%. What ETFs hold Bit Digital's stock? ETFs with the largest weight of Bit Digital (NASDAQ:BTBT) stock in their portfolio include VanEck Digital Transformation ETF (DAPP), Valkyrie Bitcoin Miners ETF (WGMI), VanEck Digital Assets Mining ETF (DAM), Invesco Alerian Galaxy Crypto Economy ETF (SATO), Global X Blockchain ETF (BKCH), Fidelity Crypto Industry and Digital Payments ETF (FDIG), Grayscale Future of Finance ETF (GFOF) and Bitwise Crypto Industry Innovators ETF (BITQ). Who are Bit Digital's major shareholders? Bit Digital's stock is owned by a number of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (6.06%), Mirae Asset Global Investments Co. Ltd. (2.32%), IMC Chicago LLC (0.00%), Susquehanna Portfolio Strategies LLC (0.08%), SG Americas Securities LLC (0.03%) and Simplicity Wealth LLC (0.01%). 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. 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