NASDAQ:BTBT Bit Digital (BTBT) Stock Price, News & Analysis → Trump’s “Tax Free” Retirement Strategy (From Gold Safe Exchange) (Ad) Free BTBT Stock Alerts $2.41 +0.04 (+1.69%) (As of 12:45 PM ET) Add Compare Share Share Today's Range$2.37▼$2.5650-Day Range$1.81▼$2.8752-Week Range$1.76▼$5.27Volume6.25 million shsAverage Volume7.44 million shsMarket Capitalization$198.78 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/Downside132.1% Upside$5.50 Price TargetShort InterestBearish26.89% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.42Based on 9 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.3.17 out of 5 starsBusiness Services Sector133rd out of 319 stocksNondepository Credit Institutions Industry17th out of 49 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 Shorted26.89% 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 2.9, 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 6.89%, 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 2.5 News and Social Media Coverage News SentimentBit Digital has a news sentiment score of 0.42. 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 0.57 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Bit Digital this week, compared to 2 articles on an average week.Search InterestOnly 24 people have searched for BTBT on MarketBeat in the last 30 days. This is a decrease of -56% 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 71% 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 -14.81, 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 -14.81, 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 1.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaA ‘DeFi Summer’ Projected!Top analysts are predicting DeFi coins to see massive gains in the coming months… During this dubbed ‘DeFi Summer…’ A coin that has been called the “DeFi pioneer” is poised to shoot up 3-7x!Just click here to learn how you can access this coin right now. 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 16 at 6:26 AM | proactiveinvestors.comBit Digital's earnings spike on higher bitcoin price, new AI wingMay 15 at 8:04 PM | msn.comBit Digital GAAP EPS of $0.43, revenue of $30.3M beats by $1.83MMay 15 at 8:04 PM | msn.comBitcoin Mining Stock Bit Digital Jumps On Q1 Earnings: What You Need To KnowMay 15 at 4:30 PM | prnewswire.comBit Digital, Inc. Announces First Quarter of Fiscal Year 2024 Financial ResultsMay 13 at 3:36 AM | americanbankingnews.comBit Digital (BTBT) Set to Announce Quarterly Earnings on WednesdayMay 10, 2024 | investorplace.com3 Crypto Penny Stocks that Could Surge 10X This YearMay 8, 2024 | prnewswire.comBit Digital, Inc. Announces Date for First Quarter 2024 Financial Results and Conference CallMay 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 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 26, 2024 | benzinga.comLooking Into Bit Digital's Recent Short InterestApril 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 TranscriptSee 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 Earnings3/18/2024Today5/16/2024Fiscal 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+132.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.16) Trailing P/E RatioN/A Forward P/E Ratio118.50 P/E GrowthN/ANet Income$-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 / Sales4.35 Cash Flow$0.01 per share Price / Cash Flow341.36 Book Value$1.74 per share Price / Book1.36Miscellaneous Outstanding Shares82,480,000Free Float48,418,000Market Cap$195.48 million OptionableOptionable Beta4.85 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.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 CompetitorsBakktNYSE:BKKTMercurity FintechNASDAQ:MFHPagaya TechnologiesNASDAQ:PGYOppFiNYSE:OPFISOSNYSE:SOSView All CompetitorsInstitutional OwnershipQuadrature Capital LtdSold 340,529 shares on 5/15/2024Ownership: 0.215%PEAK6 Investments LLCBought 74,657 shares on 5/15/2024Ownership: 0.091%Vident Advisory LLCBought 940,161 shares on 5/14/2024Ownership: 2.572%Mitsubishi UFJ Asset Management Co. Ltd.Sold 7,213 shares on 5/9/2024Ownership: 0.062%Bleakley Financial Group LLCBought 11,336 shares on 5/8/2024Ownership: 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 Wall Street analysts have issued 12-month price targets 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 twelve months. This suggests a possible upside of 132.1% 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 on January 1st, 2024. Since then, BTBT shares have decreased by 44.0% and is now trading at $2.37. View the best growth stocks for 2024 here. How can I listen to Bit Digital's earnings call? Bit Digital will be holding an earnings conference call on Thursday, May 16th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Bit Digital's earnings last quarter? Bit Digital, Inc. (NASDAQ:BTBT) issued its earnings results on Monday, March, 18th. The company reported ($0.02) earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.04. The business had revenue of $16.05 million for the quarter, compared to analyst estimates of $12.06 million. Bit Digital had a negative trailing twelve-month return on equity of 6.20% and a negative net margin of 30.93%. 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 institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (6.06%), Vident Advisory LLC (2.57%), Mirae Asset Global Investments Co. Ltd. (2.32%), Quadrature Capital Ltd (0.22%), IMC Chicago LLC (0.00%) and PEAK6 Investments LLC (0.09%). 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 5/16/2024 by MarketBeat.com Staff From Our PartnersHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportBiden to Drop BOMBSHELL June 13th?Paradigm PressRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority GoldElon to Transform U.S. Economy? Porter & CompanyCharles Payne Demystifies OptionsUnstoppable ProsperityThe most important AI company you've never heard ofManward PressThe #1 Biotech Stock to Watch in 2024 is Attacking Viruses in a Unique WaySmallcaps DailyWATCH: The Truth About InflationBirch Gold Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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